A1 CREDIT

5 Best Places Near Mount Faber Park for Free Car Parking

Every penny counts for most Singaporeans now that the government extended the circuit breaker until June. This means making sure to take advantage of ways to save money, including fees for parking cars while out on a grocery run. Check out these five places you’re staying near Mount Faber Park.

Alexandra Retail Centre

The establishment along Alexandra Road offers free parking between 6:30 p.m. and 11 p.m. from Monday to Friday, and from 7 a.m. to 11 p.m. on Saturday and Sunday. If you need to park on a weekday outside of the free-parking hours, you should expect to spend $2.20 per hour. Overnight parking rates from 11 p.m. to 7 a.m. at Alexandra Retail Centre cost $2.40 per hour.

Gillman Barracks

This place along Lock Road has three parking spaces: Carpark A, B and C. Be sure to park your vehicle after 5 p.m. between Monday and Friday to avoid paying fees. Weekends are even better since drivers don’t need to pay anything. If you still prefer to park before 5 p.m. on a weekday, the rates for cars cost $0.60 per 30 minutes for the first two hours. You’ll pay $3 per hour once you exceed the allotted time. Motorcycles need to pay from $0.20 to $0.65 per hour.

OUE Downtown

Car owners can park their vehicles here for free after 6 p.m. Parking during weekends is technically free if you spend at least $10. Take advantage of the spending requirement because it’s quite expensive to park your car at OUE Downtown. Drivers either need to pay $2.57 per 30 minutes or per entry depending on the day and time.

Chinese Garden

It’s a bit far from Mount Faber Park, but Chinese Garden is your best option for free parking if you plan to run errands within the central business district. Drivers should take note that they can only park their vehicles for free during the first hour before 5 p.m. You’ll need to pay $0.50 per 30 minutes from 6 a.m. to 6 p.m. to 6 a.m.

Singapore Flyer

Here’s another parking area in the Central area. Drivers can take advantage of free parking from 12 p.m. to 2 p.m. between Monday and Friday. You’ll need to pay $2 per hour if you park from 6 a.m. to 6 p.m. daily. You’ll save more when you park between 6 p.m. and 6 a.m. on weekdays. Singapore Flyer only charges $2 per entry during these hours.

Conclusion

Which is the best carpark for you? You should use the money that you save from parking fees for essential purchases. If you still need extra cash to buy important items, then consider applying for a personal loan with A1 Credit. Visit the licensed moneylender by following the directions below.

Directions from Mount Faber Park to A1 Credit.

When availing for a loan, should I rely solely on the advertisement made by the moneylender?  

Advertisements are made to let the public know what the company is offering. Moneylenders make advertisements in such a way that these should attract consumers and make them into potential customers. However, sometimes or most of the time, these advertisements are more than what meets the eye, especially when it comes to making a loan from a moneylender. If you encountered any form of advertisement other than what is allowed, you should report the advertisement to the proper authorities.

• Advertisements made by moneylenders in Singapore are regulated and only permitted through three channels. These three channels are websites owned by the moneylender, online or printed business directories, and advertisements posted inside or around the business premises of the moneylender. If the moneylender had advertised through channels not permitted by the law, then the moneylender may be a loan shark, unlicensed moneylender, or an errant moneylender.

• Advertisements made by moneylenders are strictly monitored to protect consumers from advertisements made by loan sharks and unlicensed moneylender.  Unafraid of the law, loan sharks and unlicensed moneylenders advertise exorbitant and unrealistic deals through emails, SMS, and flyers. When consumers accept these offers, they can fall into a debt trap, which can make their life more problematic.

• No matter how good the advertisement is, you must seek more information before you take up a loan with a moneylender. Consult with the moneylender first and ask the necessary questions before you take up the loan. Thus, before taking up a loan, here are some important points that you should take note before availing for a loan from a moneylender:

o   What is the moneylender’s interest rate, late interest rate, administrative fee, penalty fee repayment schedule and among others?

o   What are the loan terms and conditions?

o   Is it possible to ask references from other borrowers?

o   If the moneylender has a website, then check if the moneylender has a page for customer reviews.

o   How soon can you get the money?

Are you looking for a moneylender who can offer you a loan package with clear-cut terms and conditions? Are you looking for a moneylender whose advertisements are reliable and trusted? Well, with A1 Credit, there can be no doubt with their advertisements. The moneylender is one of the most trusted moneylenders in Singapore. If you want to learn more, visit their website!