Financial embarassment is not defined that way. If it was, many
people buying HDB would be financially embarrassed.
Set a repayment scheme with the bank, don't be late in
repayment, and don't mess around with unlawful money lenders
(UML). Than you will be fine. In doubt ask the
superiors...
just to add on... most loans that people undertake, e.g. study
loans, housing loans, car loans, are secure loans and do not
contribute to your being financially embarassed. the main problem
is unsecured loans. examples of these include credit card bills,
buying of stuff [e.g. furniture, appliances] on instalments,
renovation loans, ah longs aka Unlicensed Money Lenders
[UML]...
in essence, you're doing alright. banks will ensure that you
keep up your instalments, so you have nothing to worry about. And
yes, do enquire if need be, just to be sure.