Reno Loan Or Personal Loan

[Guest Steven Ng]

I am not sure to get reno loan or personal loan... as I jus need abt 10k... some friends advising against taking a reno loan as it is inflexible and no early repayment options... some id told me they can get 2.88% for reno loan... im not sure if that's the EIR or otherwise... can anybody advise?

will I be able to get reno loan if im not using id or contractor? confused...

[TITW 5]

Get a reno loan... lower interest rate. Unfortunately, the money will be given to the contractor and not to you otherise it would be open to abuse (as in the case of my bank)

Hope tt helps

[sugarkitty 0]

I will be taking personal loan in my case as the amount of renovation is small (less than 10k), and I should be able to repay within a few months. Therefore, in terms of absolute amount of interest and flexibility, it is the best option for me.