It’s not all the time that we have money in our pockets or savings in our bank accounts to buy the things our hearts desire. May it be a closet full of clothes, a ticket to your dream destination, or the house you’ve been fantasizing about since you were ten. In times like these, applying for a loan is the wisest idea.

What is a loan?

A loan is something, usually an amount of money, that is borrowed and expected to be paid back with interest within a specific period of time. In Asia particularly in Philippines, loans from a traditional brick and mortar or online lending company in Metro Manila vary. The different types of loans include student loans, mortgages, auto loans, personal loans, lifestyle loans, small business loans, home equity loans, etc.

If you’re a first timer loan applicant, it’s best for you to be aware of the basic information about loans including what a loan is, the types of loan there are, and the possible mistakes you should avoid at all costs. Money has a knack for just passing through our hands for just five seconds, so you should spend it wisely and save as much as you can. If you’re thinking of getting a loan, beware of three common rookie mistakes and avoid it as much as possible.


Mistake #1: Not fixing your financial status ahead.

Many people are excited about applying for loans that they forget to sort out their finances first. Your current financial status should be straightened out as these will affect the lender’s decision on whether they will approve your loan application or not. Be wise and check your finances ahead, acquire all needed requirements, and have your paperwork reviewed before getting a loan. Don’t risk staining your image and risk your chance of getting your application approved.

Mistake #2: Borrowing more than you can afford to pay.

Now, don’t get in over your head just yet and think you can already borrow a big amount of money. You have to know about the interest rates and all other things that has fees. Most licensed money lenders in Singapore tend to persuade you into borrowing more. Don’t get pressured and fall for the trap. Yes, you might have the chance to have more money on hand but remember, it’s you will have to pay it all back in the end. If you get a tempting offer, think it through before agreeing to it.

Mistake #3: Paying for unnecessary things.

With loans, you will also be offered other services which you might be interested in. These offers may seem affordable, but it might add up to a big amount once accumulated. Make sure that your loan agreement only includes the ones you need and the rates you’ve agreed on. Before signing the papers, read and understand what is written and don’t hesitate to ask questions and clarify all the things you want to know with the Singapore money lender you have reviewed.

All these are common sense mistakes that you can explain yourself but this is just to remind you to be careful when dealing anything related to money, most especially in applying for online loans. Just learn from these mistakes and and you can say hello to your new fashionable clothes, desired destination and your dream house!

“Fashion is the armor to survive the reality of everyday life.”

-Bill Cunningham

In today’s generation, it is all about keeping up with what’s trending from the fashion world and at the same time keeping it originally you. Fashion then had the biggest impact when celebrities started to popularize what really is in trend these days and they know that those who idolize them will sure be inspired and be motivated to wear such clothes only because they wanted to and they are not forced to.


The fashion world have a huge influence to people that fashion businesses sprout out from here and there, are you also influenced by fashion that you also want to have your own name and business in the fashion world? Let me help you with your dream of owning your very own fashion business.


Here are the things you should keep in mind when you do want to start a fashion business:

Plan Your Business Thoroughly

–  Starting a business is not as easy as 1,2,3, and sometimes it can scare you to think ‘will my business succeed?’, keep calm! Stop, think, plan and organize, a well-planned business plan will never go wrong and will definitely succeed. Plan well and organize everything, surely everything you fear of will disseminate and you will be confident on discussing your well-planned business proposal to important people who can also help you and your soon-to-be fashion business.

Conduct Research

– If you are new to the business world and somehow still get lost in the process, then it is better for you to conduct a thorough research on what you are getting into. Having a business is no easy task for anyone to accomplish, it is a never-ending process of learning as your business succeeds and then fails, in both event, we at least learn something from our victory, what to improve, while in failures, we learn to change for the betterment of the business and what must we sacrifice to save the business.

Figure Out What Your Customer Need or Want The Most

– Your clients or customers are one of the many reason for your business to boost and be known for. So to have better products that would suit your customers needs and wants, interact and observe what do most people need, what are their preferences and why they would buy a certain product, with this, your business and its products will surely make it up the selling point and be known by many.

Come Up With A Sales Strategy and Marketing Plan

– Selling your product is, of course, a must and a need for your business to grow, but how are gonna sell your products? And how are you gonna make a noise about your brand? Better come up with sales strategy that would surely sell your product and have a marketing plan to let everyone know of you and your brand, with the advancement of technology, letting everyone know about you and your business has never been easy. Make everything enticing and worth the read!

Look For Reliable Suppliers and Work Out Product Costs

– If you are a talented fashion designer and make your own designs to be sold, then you are indeed blessed with brains and talent, but for those who are need of suppliers to supply them of the best quality items to be sold in their business. Look for reliable suppliers and if you did find one, start calculating your product costs, from its packaging, shipping and commissions.