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 [...]

11 07, 2014

Licensed Money Lender vs Banks

2017-05-14T15:47:22+08:00July 11th, 2014|Categories: Licensed Money Lender, Personal Finance, Personal Loan|Tags: , , , |

In the current world, there are money lenders who are licensed by the registry of money lenders. The registry requires money lenders who are abiding by the money lenders act and rules. In fact, the fees charged, interests rates a lender can charge and the lending amounts limit are some of the things which are determine by the registry. The [...]