6x of your salary
21 years old
If you have a musical child, want to start a band or work on a new hobby, you might consider buying an acoustic or electrical guitar. You might also consider whether to buy the guitar before you learn to play it or vice-versa.
Even if you don’t know how to play yet, getting a good guitar is your first essential step. Instruments are not all created equal. All musicians will tell you that their instruments have their own individuality, even if they happen to be from the exact same batch.
Loan Street Singapore understands that financially speaking, the best way to get motivated is to take the leap with an investment. The money spent on purchasing your guitar is a vote of confidence in your ability to become an amazing guitar player.
Plus, if you keep borrowing your friends’ or teacher’s guitars, you’ll have to readjust their setups, which takes time.
Just a couple of months back, Mr and Mrs Lo came to us at Loan Street Singapore for financial assistance. Their 9-year-old son, Rudy had tried various afterschool activities. Athletics, dancing, sports, but none of them seemed to have resonated with him. It was only when he stumbled upon a guitar tryout did he feel a real connection to music.
Rudy grew up with old rock songs his parents loved, from Led Zeppelin and Pink Floyd to AC/DC. Jimi Hendrix and Joe Satriani are his idols. As his parents didn’t have a lot of money saved, they bought Rudy a second-hand guitar.
We’ve done our research on the topic and the guitar is among the easiest instrument to learn how to play, even if you are self-taught. That said, Rudy, although smart and with an obvious talent for music, failed to become better.
The reason is that cheaper guitars are difficult to play because they can’t be altered, they don’t have an ergonomic design and have an extremely high action.
We helped Mrs and Mr Lo find a good deal and bought Rudy a Yamaha for new learners. He has made incredible progress in the past two months, and the family is beyond excited to see him play in his school concert for Speech Day.
Loan Street Singapore has devised a personalized Acoustic Guitar/ Electric Guitar Purchase Personal Loan because we know such musical investments can cost over $1,000. Cheaper guitars cost around $200, but you’ll need to consider additional expenses, apart from possible guitar lessons.
We can help you cover the costs for:
- Your guitar
- Replacement strings
- Polish cloth
- Guitar strap
- Warranty and extended warranty
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 a Acoustic Guitar / Electric Guitar Purchase 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.