19 09, 2017

Are Self-Employed Able To Get Loan from Licensed Moneylender?

2017-09-19T17:39:54+08:00September 19th, 2017|Categories: General Tips, Licensed Money Lender, Personal Finance|Tags: , , |

There are times when you can never tell difficult financial situations would come into your life. Although you may have your needs covered at this point, there may be a sudden and emergency expense that will require an immediate action. However, if you have an insufficient amount of money in your savings fund, the whole experience of finding fast cash [...]

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 [...]