Guides and Articles


Guides


General

 

MoneySENSE Worksheet on Borrowing Money

This guide highlights key issues you should consider before borrowing and provides a worksheet to help you assess your credit situation.

Credit Cards

 

Credit Cards: What You Should Know

Produced by ABS, this guide lists down important questions that you should ask yourself and the bank/credit card company before taking up a credit card. The guide also helps consumers to understand the credit card monthly statement, terms and conditions of using a credit card, as well as the fees and charges applicable to credit cards.

 

Safeguard Your Credit Cards … Just Like Your Cash

Taking care of your credit cards is essential to protect yourself against credit card fraud. Even after banks introduce a cap on cardholders’ liability with effect from 1 November 2009, you will need to continue to safeguard your credit cards. The banks can still hold you liable for unauthorised transactions charged to your card if you have acted fraudulently, with gross negligence or failed to notify the card issuer as soon as you become aware that your card has been lost or stolen.

Produced by ABS and Consumer Association of Singapore (CASE), this leaflet provide some tips on how to protect yourself.

Home Loan

  About Home Loans – Key Questions to Ask the Bank Before Taking a Home Loan

This guide introduces consumers to the common features of a home loan (e.g. fixed rate vs variable rate loans; fees and charges) and what to look out for and the key questions to ask the bank before taking a home loan.

Consumers Protection (Fair Trading) Act

Inclusion of Financial Products and Services in the Consumer Protection (Fair Trading) Act: How Will This Affect You? 

This guide explains how the inclusion of financial products and services in the Consumer Protection (Fair Trading) Act affect consumers. It also highlights what you can do to seek recourse if you have grounds to believe that a financial institution or its representative has not acted fairly in its dealings with you.  

Common Financial Documents

 

MoneySENSE Making Sense of Common Financial Documents Guide

This Guide features financial documents which consumers commonly encounter but often do not find time to read and understand. Attached with each financial document are practical tips on how you can better manage your cash flow, manage your credit, provide for your retirement, protect against the unexpected and invest your wealth.

Articles


Making Sense of Your Finances – Credit Card Statement

Credit cards provide convenience and are useful for emergency. Do take time to read your credit card statement and pay your credit card bill in full every month in order not to incur interest charges. MoneySENSE brings you through the information in your statement you need to be aware of.  

Aggressive Selling - How to Protect yourself

Have you met with instances of aggressive selling where you do not know how you should deal with the sales person? Read about the tell-tale signs of aggressive selling and how you can protect yourself from being a victim.

Small Weekly Payments Can Add Up to a Whole Lot More

The article "Small Weekly Payments Can Add Up to a Whole Lot More" is adapted from the NTUC Lifestyle Magazine (May 2011 issue). This article shows you how you can avoid paying interest costs by saving up to pay for an item in full.