No more fears with Singapore Moneylenders
Moneylenders in Singapore face false accusations of using underhand tactics to get money from their borrowers. This is because there are people who choose to use unlicensed moneylenders who stoop to unethical tactics to make money.
Moneylenders in Singapore are under strict regulations. Those that are licensed are required to operate by specific codes and regulations. It is even possible to lodge a complaint against a moneylender and get your day in court.
Licensed moneylenders use ethical methods to provide borrowers with the funds they need to meet their expenses. They will not harass you for payments nor will they take advantage of you by charging you exorbitant fees.
Moneylender Singapore companies provide a wide range of financing solutions to those who require convenient and quick cash. Most people who are in need of financial help don’t have access to quick funds due to bad credit history, long approval process, and borrowing rules.
Signs of a reliable licensed Singapore Moneylender
No harassing methods – Licensed moneylenders in Singapore do not use harassment for anything. They are required to adhere to strict policies to ensure that they retain their licenses. These policies they are to follow are well laid out by the government.
No advertisements – It is against the law in Singapore for a moneylender to advertise its services. It will otherwise lose its license.
Charge reasonable interest rates – Moneylenders make their income from the fees they charge for their services as well as the interest rates they charge on loans. Limits on the interest rates chargeable by licensed moneylenders, are set by the Singapore government.
Proper office for discussion – Licensed moneylenders will not request your personal details i.e. SingPass Login details. They will request you to come to the office for SingPass verification.
If you want to be absolutely sure that you are dealing with licensed moneylenders, check the list of moneylenders provided by Registrar of Moneylenders Singapore.
Easy and quick financial solutions with Licensed Singapore Moneylenders
Applying for a loan in any of the banks in Singapore involves a long application and approval process. Some loans take up to a couple of weeks before it is approved. Licensed moneylender Singapore are established instant cash loan Singapore service providers. Their mission is to help people see these quick cash loans in a new light. It is their business to not only offer fast and convenience instant loan services, but also ensure that the clients understand the benefits of these financing.