Get to know Lifestyle Loans

Getting a new pet is an exciting, emotion-filled time. Some new owners want to make their children happy, some wish to replace their old pet while some are first time pet owners who want some company. No matter the reason, adopting a pet fills them with eagerness, anticipation and melancholy. There are even some who adopt because they want to save stray dogs or cats from euthanasia which is a painful and gruesome process.

Regardless of your reason for adopting or purchasing a pet, this comes with several costs that might put a hamper on your enthusiasm.

There are several pet adoption centres that allow you to adopt a pet with a medical condition or a dog above 10 years of age for any amount you care to donate. However, adopting a healthy puppy or a pedigree animal can cost as much as $350, depending on the shelter of your choice. Some of the dog shelters in Singapore include: Society for the prevention of Cruelty to Animals Singapore (SPCA), Voices for Animals (VAF), Causes for Animals Singapore (CAS), Action for Singapore dogs (ASD), Save Our Street Dogs (SOSD) and more.

The costs of purchasing your pet from an animal breeder or a trustworthy pet centre are even bigger. A golden retriever costs at least $3,000. While hamsters or pet rabbits cost under $30, there are still some costs associated with all these pets.

From cages to accessories, water and feeding trays to toys – these are the smallest expenses to consider. Bigger expenses include vaccines, sterilizations, regular check-ups and grooming. Your monthly budget should also include enough money for your pet’s food. Keep in mind that yearly recurring costs add up to $3,000 for a dog and $2,000 for a cat.

At CashOctopus Singapore, we understand how much joy a new pet can bring, and we want to help you take the money-related stress out of your experience. Here, we introduce our Pet Adoption / Pet Purchase Personal Loan that will help you in bringing your very own furball home.

A month back, we helped Andrea and Matthew Tay adopt a puppy in Singapore for their 5-year-old Kristen. They decided to save a puppy from one of the local shelters instead of getting a pedigree – that was Kristen’s idea. They paid over $250 for the puppy, a beautiful black and white mongrel called Zorro, but the price included a few medical check-ups and mandatory vaccinations, as well as deworming.

The Tay family had an additional sum of money for grooming, some medicine, plus the puppy’s basket, chewing toys, food trays, and dental works. CashOctopus Singapore offered the family a helping hand with our Pet Adoption / Pet Purchase Personal Loan and by the next day, they could bring Zorro home!

With a Pet Adoption / Pet Purchase Personal Loan, CashOctopus Singapore can help you too with:

• Routine vaccines
• Annual heartworm injections
• Basic medical and dental care
• Dog grooming
• Bed
• Toys
• Leash and collar
• Various training sessions
• Dog walking sessions
• Dog food and treats
• Microchipping
• Sterilisation
• Brushing accessories
• Litter and litter box
• Small animal cages

Launched in July 2019, CashOctopus 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, CashOctopus 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.

CashOctopus researches on all 158 licensed money lenders in Singapore and narrows down the best financial institutions. With CashOctopus’s help, you will be able to secure a Pet Adoption / Pet 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.