Licensed Money Lender
Personal Loan Bishan
Bishan is a great place to spend a great weekend with your family. It has one of the largest urban parks in central Singapore which contains magnificent waterways, open lawns, and gently sloping grassy banks. Picnics are best held in the park! The Bishan park also features lush greenery which makes it a popular place among nearby residents to conduct their recreational activities.
Summary of Top Legal Money Lenders of 2022
Advantages of Taking a Personal Loan With a Moneylender
- Time saver – Depending on the loan purpose, sometimes it is much wiser to get personal loans from licensed moneylenders in Singapore instead of getting them from banks. Financial troubles demand urgency in payment. You cannot waste time securing all requirements and undergoing all screening processes that banks may demand from you. Moneylenders do not demand as many documents and screening processes as banks do. So when you apply for a personal loan from a moneylender, expect that your loan application will more likely be granted faster.
- 4% interest cap – The interest rate is a little less risky. Moneylenders are obliged to comply with the restriction on interest rates imposed by the Ministry of Law. The interest rate cap is 4%. There is no way that moneylenders can impose any rate that is greater than that. Hence, when you borrow personal loans from moneylenders, you will know how much interest to expect.
- Flexible – Personal loans from moneylenders are tailor-made. They can be offered to you in consideration of your personal situations like income or capacity to pay. These loans come with monthly installments and flexible tenure, subject to the terms and conditions of the personal loan contract.
Steps in Applying for a Personal Loan
Find the most suitable and competent personal loan in Singapore with these three easy steps:- Submit a Personal Loan Enquiry Form to Loan Advisor
- Receive and Compare up to Three Loan Offers
- Visit your preferred moneylender to sign the paperwork