Since we won’t move out to a new house in this few years, I thought to renovate my house before Chinese New Year. Hubby did think about to get personal loans to invest in his business and renovate the house, but he didn’t as he knows that the bankers nowadays have stricter on approving loans.

What I know is banker will approve loans for those consumers who has good credit record, as they believe those who have bad credit record might creating another bad debt. Hubby sure will get the loan approval if he apply, but he doesn’t want to have many debts. Well, there is a new and latest product, which is home improvement loan, where consumer can apply for it and he can always secure the loan with the house.