6x of your salary
21 years old
Death is a part of life. You see it everywhere around you in nature. Death is part of life’s cycle, but that doesn’t make it less painful. The grieving process is extremely difficult for the loved ones left behind, whether the loss was expected or not.
We at Loan Street Singapore believe that everyone has the right to mourn the loss of a beloved person without being burdened by outside concerns, such as the funeral cost.
It’s difficult enough to face a world without seeing or speaking to someone you held close whenever you need. The people around you might not know how to behave or what to tell you. You will face a lot of sadness, anger, and frustration for the weeks and months to come, but rest assured that time heals all wounds.
People don’t like to talk about death, but talking about the costs that surround a funeral is even more difficult. Funeral services in Singapore have very high prices but it is not something that one should scrimp on.
Here’s a short breakdown on the cost of funeral services in Singapore. If your family member died overseas, you need an extra $5,000 to $10,000 just for the expatriation. An obituary is another $1,000, give or take, apart from costs that include location, type of casket, and how long the wake is. Usually, prices for funeral services in Singapore range from at least $1,500 to $24,000. More expensive packages at funeral homes include services such as outfits, food and drinks, plus a memorial board.
Just a few weeks ago, we at Loan Street Singapore helped Mrs Jen Yap with a direct funeral for her 49-year-old husband who is also the father of two children. He suffered an unexpected brain haemorrhage shortly before his 50th, although he had a clean, healthy lifestyle with no suspicion of neurological problems.
Mr and Mrs Yap were in the process of starting their own business, so they had both quit their jobs. Mrs Yap was left with two teenagers grieving for their father, plus her own sorrow on top their pre-existing financial difficulties.
Mrs Yap had very little time to plan and pay for the funeral. Although she didn’t want anything out of the ordinary, even an inexpensive funeral that simply gives you closure can be too much for you.
We at Loan Street Singapore want to support everyone who is going through this heart-wrenching grieving process. Our affordable and customizable Funeral/ Bereavement Services Personal Loans can help you cover expenses that include:
- Singapore funeral parlour services
- Expatriation tax
- Booking the location
- The casket
- The religious service
- Christian funeral
- Catholic funeral
- Buddhist funeral
- Soka funeral
- Non-religious funeral
- The memorial board
- The outfits
- Photo / video
- Burial spot (land / sea)
- Tree burial
- Wreaths and flowers
- Direct funeral services
Launched in July 2019, Loan Street aims to provide even more financial assistance to Singaporeans and Permanent Residents (PRs). We also aim to help educate the borrowers on the differences between licensed and unlicensed money lenders (loan sharks) so that they do not fall into the debt trap. To provide more assistance, Loan Street has launched and built the Learn-and-Succeed community that helps individuals upgrade their knowledge, hard skills and soft skills so as to secure better salaries and a higher standard of living. Our objective of the community is for everyone to upgrade and live even better than before.
Loan Street researches on all 158 licensed money lenders in Singapore and narrows down the best financial institutions. With Loan Street’s help, you will be able to secure an Funeral / Bereavement Services Personal Loan at an inexpensive and reasonable amount of interest rate. There will also be regular monthly settlements that are affordable so that your wallets will not be strained further. At the same time, our community will be able to help you upgrade your skills and life.