Luckily, this is the simplest part. You are always encouraged to "shop around" for a financial institution loan, to make sure that you eventually select an offer that is decent and comes with the best possible loan terms. However, the process of comparing all your loan options from financial institutions can be very cumbersome, as it requires multiple application processes. This can also affect your credit score negatively, as multiple credit checks risk to deteriorate your credit rate, which will affect your future chances to get a loan or credit.This is where Lendela comes in. We help you apply with multiple Singaporean banks and financial institutions at the same time, via just one online application form. After your application has been sent to the banks and financial institutions, we will notify you as soon as you receive an offer, and eventually help you compare all your options and select the loan offer that suits you the best. We stay with you all the way until your loan is disbursed and our service is completely free of charge.