2 01, 2018

Understanding Money Lenders in Singapore right at your fingertips

2018-01-02T17:20:53+08:00January 2nd, 2018|Categories: Licensed Money Lender, Loan Singapore, Money Lender Singapore|Tags: , , , |

Extreme circumstances require problematic measures. This is valid in several parts of life. However, it is tremendously accurate concerning planning. Regardless of whether she is a housewife or a longing specialist, obtaining money has been, reliably, the last resort for crises and conditions that require a total of money that has exceeded her methods. Fortunately, catalogs like the Easy Credit's List [...]

29 12, 2017

What Most Singaporeans Think About Getting Loans

2018-05-16T19:05:55+08:00December 29th, 2017|Categories: Licensed Money Lender, Loan Singapore, Personal Loan|Tags: , |

At one point or the other you may need to take up a loan to sort some financial issues. These loans may range from those used to finance a study program (study loan), a loan to purchase a new car, loan to build or purchase a house or personal loan to sort out some personal financial issues. People attach more [...]

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 [...]

20 10, 2017

Should You Risk Your Paycheck on a Payday Loan?

2017-10-20T11:51:28+08:00October 20th, 2017|Categories: FAQs, Money Lender Singapore, Payday Loan|Tags: , , |

Have you ever wondered why it seems that every time you are doing your best to save more money and grow your bank account, things come your way and cause you to spend what you have saved? You probably even feel as though your bank savings is almost like a shattering fortress, and it is always facing assault from tough [...]

5 09, 2017

Who Should You Borrow Money From? The Bank Or Licensed Money Lenders? 

2017-09-05T18:34:54+08:00September 5th, 2017|Categories: Licensed Money Lender, Payday Loan, Personal Loan Singapore|Tags: , , , |

When tough financial situations arise, it can get stressful to anyone who may be dealing with such ordeal. This is why they may find themselves stuck with the decision to borrow money since there is no way for them to handle such financial crises unless there is a source of extra funds available to them. But then again, you should [...]

19 07, 2014

How to determine if the lender is licensed or not?

2018-05-16T19:02:28+08:00July 19th, 2014|Categories: FAQs, Licensed Money Lender, Money Lender Singapore, Personal Loan Singapore|Tags: , , |

The rule of thumb is to never take out a loan to an unlicensed moneylender. You should first verify whether the lender is licensed or not by going through a list of moneylenders that are legitimate and reputable. (Click here for a list of moneylenders licensed in Singapore) Here are also a few ways to check if the lender is [...]

18 07, 2014

What factors to take into account before I consider applying for a loan?

2017-05-14T15:47:22+08:00July 18th, 2014|Categories: FAQs, Licensed Money Lender, Personal Finance, Personal Loan|Tags: , , , |

Before you decide to take out a loan, you should keep these essential aspects in mind: Prior to choosing the best moneylender, make it a point to study your options including different financial assistance programs provided by government agencies. It may also help to contact these agencies directly, so you can learn more about the available schemes offered. The licensed [...]

14 07, 2014

FAQs for Borrowers

2018-12-10T17:16:09+08:00July 14th, 2014|Categories: FAQs, Licensed Money Lender, Personal Finance, Personal Loan|Tags: |

With effect from 1 October 2015, the maximum interest rate moneylenders can charge is 4% per month. This cap applies regardless of the borrower’s income and whether the loan is an unsecured or secured one. An upfront administrative fee of not more than ten per cent (10%) of loan principal is applicable. For secured loans, you [...]