Lending money was not easy at all few years back. The person either rely upon the relatives, friends or upon the capital market brokers. There was a high risk in capital market borrowing schemes and due to which a common person could not accumulate the courage to step ahead. As of now, the above stated problems are eliminated since Licensed moneylenders Singapore started offering services in the country. The company consists of well trained and qualified staff members who guide you in every step starting from the loan application to the last repayment instalment.
What do they do?
There are different types of loans offered to the Singapore citizens by the Licensed moneylenders Singapore firm which are as follows-
Fast cash loan
Short term loan
In all the above loan services one has to present certain documents and they should pass its eligibility-
21 years of age is relevant till 65 years age group for obtaining loan
Must be in service or business in Singapore with permanent address proof
Should not possess any criminal record
Must have annual income slab starting from $20,000 and beyond
Must have a saving or current bank account in Singapore bank
However, you get the advantage of applying for the loan application online. You don’t have to travel or meet any executive. There are terms and conditions given clearly in detailed form on the official website of the licensed moneylenders Singapore firm. You need to fill that form in which personal, occupation and bank details are required to mention.
Once you have provided the details and selected the kind of loan you need, a new web page is redirected upon which all the loan details are mentioned. The rate of interest, loan approved amount and instalment repayment tenure is given properly.
You will receive the amount in fast cash loan within 60 to 90 minutes time span after applying. The process of loan approval will never take time if you pass the eligibility criteria mentioned above. Hence, it is necessary to check customer reviews and feedback on the search engine so that you can get a clear as well as fair idea about the company profile and service performance till date.
Usually what companies commit on their website is not fulfilled after loan approval. But at the licensed money lender Singapore website you get exactly what is promised by the potential company staff. They look after your financial aid needs, help you in repayment, notify time to time and allow flexible repayment schemes.
Thus, money lenders charge certain amount as fee or you can say interest charge which is included in the loan amount each month. If you got $5000 approved loan amount, then you are supposed to pay $200 per month incorporating the interest charge which may vary according to the kind of loan for which you have opted. Lets not waste time as offers and low rate of interest deals come and go each weekend for the Singapore citizens. Grab them now for tension free life.