2 02, 2018

Start Doing These Today To Secure You Family’s Financial Future

2019-01-29T18:30:15+08:00February 2nd, 2018|Categories: General Tips, Money Lenders, Saving Tips|Tags: , |

For the majority of working adults living or working in Singapore, holding a steady, well-paying job is a necessity in providing for both their future and the future of their families. But whether you own your own business or are part of a large multibillion-dollar company, financial security neither begins nor ends with how much money you make at the present. Through [...]

26 01, 2018

Lead a healthy finance lifestyle today!

2018-01-26T12:51:53+08:00January 26th, 2018|Categories: Money Lenders, Personal Finance|Tags: , |

It is important to keep your finances healthy for hard times. It is always necessary to keep a regular check on your finances to keep them in a good state. It is advisable to have a financial health check after every six months or so to have a better idea about your debts and earnings. There are so many things [...]

16 01, 2018

Debts: The Good & The Bad

2018-01-17T13:37:55+08:00January 16th, 2018|Categories: Loan Singapore, Money Lenders|Tags: |

Debt is that four letter word a large majority of Singapore’s population dread to hear or admit to be plagued with. It drives off our little joys and renders many a soul devoid of any form of joy with the realization that one’s bank balance is always on the negative, thanks to payments of bills backlogs, credit card refunds and [...]

12 01, 2018

4 Steps To Block SMS From Loan Sharks

2018-07-17T12:53:36+08:00January 12th, 2018|Categories: General Tips, Loan Singapore, Money Lenders|Tags: , , , , |

Imagine this scenario: You are preparing or in the middle of something very important like a business meeting. All of a sudden, you receive an SMS that reads: "Are you in need of a personal loan for spass in singapore or work permit loan singapore quickly. One without payslips or minimum salary requirement? We give a wide range of loans from personal loan [...]

9 01, 2018

How do you improve your Credit Score?

2018-01-10T10:31:17+08:00January 9th, 2018|Categories: Money Lender Singapore, Money Lenders, Personal Finance|Tags: , |

Most people can go for many months and years without using a personal loan; this makes their credit score/limit to be way too low. If your credit score is low and a sudden need for money arises, you will have a very difficult time in accessing a personal loan. If you have an urgent need for loan to pay for [...]

26 12, 2017

The Hearsay of Licensed Money Lenders In Singapore

2017-12-28T17:19:30+08:00December 26th, 2017|Categories: Licensed Money Lender, Loan Singapore, Money Lenders|Tags: , |

Myths of money moneylender - What would it be advisable for me to pay special mind to in the event that the money moneylender is an unlicensed one? Marking clear papers or deficient contracts: This is an unequivocal normal for an unlicensed money moneylender. No authorized loan specialist could ever expect you to sign a clear or not entirely filled Note [...]

15 09, 2017

Moneylender Loan Application: What You Should Know

2017-09-16T12:37:39+08:00September 15th, 2017|Categories: General Tips, Licensed Money Lender, Money Lender Singapore, Money Lenders, Personal Finance|Tags: |

Are you looking to borrow some money to cover your immediate needs? If you find yourself in a tough financial situation, an easy and quick access to emergency funds can get you out of such issue. But the question is – who can help you with your money problem? How can you get the amount of money you need without [...]

8 08, 2017

Licensed MoneyLender Vs. Loanshark – Know the Difference Between the Two

2018-10-05T13:04:42+08:00August 8th, 2017|Categories: General Tips, Licensed Money Lender, Money Lender Singapore, Money Lenders, News|Tags: , , , |

At one point or another, you may find yourself in need of a source of emergency funds in case financial issues arise. But the thing is, taking out a bank loan is not that easy or convenient, considering all the hurdles you need to go through with the paperwork, waiting period, and the anxiety of not knowing whether you will [...]

25 05, 2017

How To Choose A Credible Licensed Moneylender In Singapore

2017-08-07T18:40:29+08:00May 25th, 2017|Categories: Licensed Money Lender, Money Lender Singapore, Money Lenders|Tags: , |

Whether you're a foreigner or a local, it's very important to consider the tips below if you would like to choose a licensed moneylender in Singapore. No matter how you look at it, sooner or later you will need to take out a loan. At the same time, taking out and paying back a loan is a serious responsibility. So [...]

19 05, 2017

What is Payday Loan And what exactly are Payday Loan Lenders?

2017-09-05T23:17:01+08:00May 19th, 2017|Categories: FAQs, Licensed Money Lender, Money Lender Singapore, Money Lenders, Payday Loan, Personal Finance, Personal Loan, Personal Loan Singapore|

They say money makes the world go round. At first, I doubted the significance of the line for it appeared too straight-forward and arrogant. But come to think of it, it's really true regardless of how you look at it. Money is vital and most often than not, we run short of it. What exactly do you do when you [...]

1 03, 2016

Licensed Moneylenders Permitted to Look Into Borrowers’ Data Through a New Credit Bureau

2018-10-16T19:39:03+08:00March 1st, 2016|Categories: Licensed Money Lender, Money Lender Singapore, Money Lenders|Tags: , , |

SINGAPORE – Licensed moneylenders in Singapore are given an opportunity to access and review potential borrowers' repayment and loan records, beginning March 1. This is made possible by the new MLCB or Money Lenders Credit Bureau. Thus, it is made easier for Singapore moneylenders to determine borrowers' credit history and records, which will prevent the latter from borrowing a massive [...]

1 10, 2015

4% Monthly Interest Rate Cap for Moneylenders

2018-10-16T19:38:34+08:00October 1st, 2015|Categories: Licensed Money Lender, Money Lender Singapore, Money Lenders|Tags: |

New regulations to cap the cost of borrowing from licensed money lenders will kick in on Thursday (Oct 1), announced the Ministry of Law (MinLaw). The new regulations will also require money lenders to calculate interest on a reducing balance basis for personal loan. In a news release on Wednesday loans will be subject to the following caps: An upfront [...]

5 08, 2014

Borrow Money in Singapore? Begin with EasyCredit

2018-01-03T17:37:04+08:00August 5th, 2014|Categories: Licensed Money Lender, Money Lender Singapore, Money Lenders|Tags: |

When emergencies come up and there is no way for you to obtain extra funds from your family and friends, who can you turn to for financial resources? Tight situations such as this one can be quite stressful, and it only adds up to your debt concerns. So, if you come across this tough experience in life, it helps to [...]

20 07, 2014

What are the fees that moneylenders can charge?

2017-05-14T15:47:22+08:00July 20th, 2014|Categories: FAQs, Licensed Money Lender, Loan Singapore, Money Lenders, Personal Finance, Personal Loan|Tags: |

There are six different types of fees that moneylenders are allowed to charge their clients, which is applicable beginning June 1, 2012 (according to IPTO). These fees including the following: For late payment of interest or principal amount loaned For any changes in the loan contract terms made upon request For dishonoured cheques you have issued For failed GIRO deduction [...]