Consolidating your loans is a good way to help you with your existing financial circumstances, as you get to avoid high interest rates.
For example
If you decide to take a Full Flex Loan of S$10,000 over a period of 6 months, you will incur an interest of 0.0132% per day, or 4.8% p.a. with Standard Chartered Bank (Singapore) Limited (the “Bank”), as compared to a S$1,200 charge over a 6-month period following other banks’ credit card rates (assuming it is 25% p.a. interest rate on other banks’ credit cards).