Licensed Money Lender
Personal Loan Harbourfront
Harbourfront is an area in Bukit Merah that offers you the chance to enjoy yourself. It is mainly a commercial center.
Summary of Top Legal Money Lenders of 2022
Some of its attractions include museums, art galleries, a golf and country club, sightseeing, and hikes through the local parks and gardens. You can also shop until you drop at one of Singapore’s largest malls located in the area.
But enjoying Harbourfront requires money. If you don’t have it, you could take a loan and pay it back slowly.
How to Identify a Licensed Money Lender?
One of the first questions that you must ask yourself before taking a loan is whether your money lender is licensed or not. The answer to this question matters because some lenders out there are scammers.
Here’s how to identify a licensed moneylender:
- A licensed moneylender does not market its services aggressively. When you see a lender advertising financial services via social media, cold calls, or WhatsApp services, then you are dealing with a scammer.
- Licensed moneylenders do not ask you to pay any money before they physically verify your identity. Neither will they ask you to pay fees so that they can process your loan. Any credit institution that does this is in contravention of the Ministry of Law’s guidelines.
- One outstanding character of licensed moneylenders is their professional attitude. They will follow the due process and will never harass you while trying to get you to pay money before taking a loan. Neither will they harass you when you fail to pay off what you owe them.
What to Consider When Taking a Loan?
What should you consider when taking a loan? What selection criteria should you prioritize?
Here is what you should consider when taking a loan:
Location
If you live in Harbourfront you should think about finding a moneylender near you. One of the requirements for licensed moneylenders is that they should verify every loan applicant in person. Having a creditor near you makes it easy for you to be verified. Then you can receive the money that you need quickly.
Ratings and Reviews
Online ratings and reviews concerning a moneylender matter. They are an indication of a company’s reputation. The higher the rating, the more reputable the company is likely to be. But you must read the reviews to get a more accurate idea of what previous customers feel about the loan services that they received.
Loan type
Some loans are short-term while others are long term. Then we have loans that require security while others don’t. The more loan products a moneylender offers the more choices you have available. Having lots of options makes it easier for you to find a loan that suits your financial needs no matter how unique they are.
How Our Company Can Help You? Why Us?
You must be smart about finding a legal money lender in Singapore. And for each lender, you must determine if they have good ratings and reviews, the kind of loan that you need, as well as a branch near you.
Instead of struggling to do that by yourself, you can let us do the hard work. Loan Advisor is one of the best financial directories online. And with our help, you can find the best moneylender in Harbourfront in no time.
Contact us today to get started.