Moneylender

10 Myths of Licensed Moneylenders in Singapore To Ease Your Doubts

July 15, 2020

It’s undeniable that Singapore has a relatively high share of loan sharks. However, a licensed moneylender that provides legitimate ...

Be Prepared with Unexpected Financial Issues with Flexi Loan

July 15, 2020

Introduction Some Singaporeans are anxious about borrowing. Considering their low salaries, they do not think they will get accepted. The ...

How to Deal with Loan Shark Harassment

June 3, 2020

Introduction When it comes to a loan shark, Singapore citizens are best advised to ‘not transact with them’. These are unlicensed lend...

Is It Worth Getting a Debt Consolidation Loan?

May 6, 2020

It’s great to have so much variety when it comes to financing and loans in Singapore. Banks offer great deals, especially for mortga...

Licensed Private Money Lender vs. an Unlicensed Money Lender: What’s the Difference?

December 31, 2019

The primary difference between a licensed private money lender in Singapore versus an unlicensed money lender involves their means of gain...

Effective Interest Rate vs Annual Interest Rate: What’s the Difference?

November 28, 2019

If you’re curious about interest rates, moneylenders in Singapore usually impose effective interest rate (EIR) and annual interest rate ...

When Is The Best Time To Borrow From a Moneylender

September 26, 2018

When in need of cash, would you consider going to a moneylender or the bank for that loan? Also when you need quick cash for a last-minute...

Avoid Making Loan Mistakes from Moneylenders in Singapore

September 15, 2018

An emergency situation can happen anytime without a warning. And even then it may be that you have little time left to get some loan money...

Weekly VS Monthly Loan Contract – What You Need to Know

September 12, 2018

Since the beginning of October 2015, the capping of monthly rates of interest was officially enacted. This capping means that interest rat...

Smart Reasons to Get a Moneylender’s Loan For Your Business in Singapore

September 8, 2018

When your business is ready to expand, yet you do not have the necessary funding to do so and you find yourself in a bind. What can you do...

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