Skip to content

Money for need

Start Building a Better Life

  • Home
  • Business
  • Finance
  • Loans
  • Insurance
  • Claim
  • Contact Us
  • Toggle search form
licensed moneylender singapore

Changing Lives; One Member At A Time! That’s The Mantra Of Licensed Moneylender Singapore

Posted on May 11, 2020May 12, 2020 By Danny Sullivan

Life isn’t always a bed of roses. Sometimes you and your loved ones may have to come through the economic crisis. Or sometimes to achieve your dreams or meet your materialistic needs, one needs some form of financial aid. This financial aid can be provided in the form of personal loans from banks or moneylenders. Through licensed moneylender Singapore you get personal loans with higher interests. But these moneylenders provide a lenient treatment when compared to other loan providers.

Types of loans provided.

Before mentioning the pros of picking moneylenders over banks we all need to be well versed with the type of loans provided. First, one being secured loans, where once you have signed up, you need to pledge the lender some items whose titles he/she may acquire if there is a failure in the deposition of the borrowed amount. Secured loans often come up with lower interest rates because of the former reasons. Another type of loan being unsecured loans, where no form of asset is promised. The moneylender has to implement another form of repercussions if the borrowed sum is not fulfilled.

licensed moneylender singapore

Benefits of choosing a licensed moneylender.

  • Unlike most of the banks in Singapore, these moneylenders won’t pressurize you immediately from the point of signing the agreement.
  • People of licensed moneylender Singapore act as per the rules mentioned by the Singapore government.
  • No form of harassment or illegal actions can be enforced by these moneylenders as per the regulations set by the government.
  • The bridge between the timeline of the loan issued and the loan acquired is very short in this case.
  • Interest rates are pocket-friendly.
  • Your past credit history isn’t put under the microscope.

Things to keep in mind.

Caution must be taken when it comes to signing the agreement.  Borrowers should make sure they keep a copy of the moneylender’s certificate of approval. Also one should have a look at other alternatives before signing the agreements.

Loans

Post navigation

Previous Post: Sap Business One Software Is Here To Make Your Life Easy
Next Post: The Importance of Virtual Offices for Small Businesses

November 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« Oct    

Categories

  • Business
  • Business development
  • Business Service
  • Claim
  • Events
  • Finance
  • Home
  • Insurance
  • Jobs
  • Loans
  • Marketing
  • Online Business
  • Technology
  • Uncategorized

Hottest Posts

  • Premier Gold Bullion Services Diverse Offerings in Coins, Metals, and Jewelry for Cash
  • Crack the Code: Shopify Shipping Strategies for Hong Kong Triumphs!
  • How to Find the Best Deals on Cheap Car Rentals for Your Next Trip
  • Empowering Your Team: The Benefits of BizSafe Level 1 Certification
  • Unleashing the Power of Advanced Lock and Door Security Services

Copyright © 2023 Money for need.

Copyright ©2023 . All Rights Reserved | Money for need