APPLY FROM THE LEGAL MONEYLENDER HERE TODAY!!!
Understanding Personal Loan?
Personal loans are typically offered by financial institutions such as banks or moneylenders which extend a line of extra cash to you that has to be repaid on a monthly or a certain repayment plan. As banks have a more stringent criteria, borrowing from licensed moneylenders is a more popular solution.
Are Licensed Moneylenders Reliable?
Licensed moneylenders in Singapore are regulated by the IPTO which conduct regular checks on moneylenders to ensure fair and reasonable loans to borrowers. As banks do not provide instant services, many prefer to approach licensed moneylenders as you can get cash as fast as on the day itself.
1 Sophia Road, #01-37 Peace Centre,Singapore 228149
Phone: +65 6684 4129
Operating Hours: Monday – Saturday : 11am – 8pm
(Sundays & Public Holidays by Appointment Only)
* Walking 5 mins from Dhoby Ghaut MRT to here
1 Tras Link #01-11 Orchid Hotel Singapore 078867
Phone: +65 6443 2940
Monday – Saturday : 11am to 7pm
(Sunday & Public Holidays by Appointment Only)
*Nearest MRT station Tanjong Pagar MRT (EW15)
Walking 2 mins from Exit A to here
Apply for a loan from Singapore's Legal Money Lenders
Ever get strapped for cash? We understand. Sometimes, emergencies happen and you need the extra cash to help you get by. Singapore’s licensed money lenders are here to lend you a helping hand. Whether it’s to fix a car breakdown or to pay for an unexpected hospital bill, applying for a loan from legal money lenders in Singapore can be a simple solution until your finances stabilize.
However, some people are fearful of approaching Singapore’s licensed money lenders for a loan. Don’t worry. We’re here to help you understand how the process works.
Getting a Personal Loan
Personal loans are offered by financial institutions such as banks and legal money lenders in Singapore. These institutions extend a line of extra cash to you, to be repaid with a repayment plan. Often, repayments are due monthly.
However, as banks have to conduct stringent background checks before approving your loan, a licensed money lender in Singapore can prove to be a better alternative. Simply approach one of Singapore’s legal money lenders, and ask for a loan. The loan amount you are eligible for may vary depending on you income. You will be explained the full terms of the loan in a language you understand, along with the methods and frequency of repayment.
Approaching Singapore’s licensed money lenders is easy and fuss-free. You are likely to be able to be granted the cash on-the-spot. You will also be given a copy of the signed contract for your reference.
All licensed money lenders in Singapore are regulated by the Registry of Moneylenders, formerly known as the Insolvency and Public Trustee’s Office (IPTO). The registry conducts regular and stringent checks on Singapore’s licensed money lenders to ensure fair and reasonable loans to borrowers.