Licensed Money Lender
Personal Loan Orchard
It is also deemed as the continent’s go-to and most famous shopping area- Orchard Road, which is well-known for its endless shopping malls. Here is where digital tech shops, fashion stores, and a variety of entertainment facilities are seen. You can, of course, enjoy different cuisines from all over the world with its wide food trail.
Summary of Top Legal Money Lenders of 2022
Within walking distance at Orchard Road, visitors can also check Singapore Art Museum and the Istana Heritage Gallery. Fort Canning, which is home to an underground military complex used in World War II, cannot be missed as well.
For a different kind of trip, on the other hand, near the Dhoby Ghaut MRT is where the current Singapore President, Halima Yacob, resides. People can also visit the oldest and one of the most prominent museums in Singapore, the National Museum of Singapore.
How to Identify a Licensed Money Lender?
You can easily verify a legal money lender by checking the list of licensed moneylenders in the Registry of Moneylenders, under the Ministry of Law in Singapore here.
Note that legal money lenders in Singapore will not use threatening behaviour. You will need to visit the licensed money lender’s office to process the loan agreement.
Licensed moneylender Singapore will not also ask for your SingPass Password or any delicate or sensitive information unless necessary and licensed moneylenders will always perform due diligence and walk you through the process every step of the way to ensure the customers are fully aware and informed.
Factors to Consider Whenever Taking a Loan
Before getting a loan, it is important to consider which is the best licensed moneylender in Singapore to borrow from and what is best suited for your financial needs. Moneylenders not only give you the best interest rate, but it also needs to be licensed and fully registered with the Ministry of Law.
Before taking up any kind of loan, make sure you:
- Are fully-aware of the Singaporean government’s financial assistance schemes, which have no or low-interest rates and will provide you with other suitable amounts for your needs
- Able to fulfil your contract and agree legally to the discussed terms and conditions
- Have enough income to repay the borrowed amount
- Understand the language used in the contract
- Have compared the low-interest rates for yourself
How Can Loan Advisor Help You?
Loan Advisor is designed and primarily created to help borrowers to have their future deals easier to obtain which is made possible by an online comparison tool. From the website, people can easily find the most ideal loans available with updated information along with fair reviews. There, loans offered out in the market are compared only for your convenience.
Moreover, Loan Advisor picks the best licensed or legal money lender in Singapore based on 3 criteria:
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Licensed Money Lender in Singapore
Make sure they are applying for a legal or licensed money lender in Singapore, to learn if it follows the guidelines made by the Ministry of Law list to assure the lending is secured and transparent.
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Customer Review
Check reviews from both experts and the actual customers to ensure the institutions people are checking offer or provide quality service.
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The Best Rate in Town
Compare rates, fees, and other features from other licensed moneylenders within the area.
To avail and get upto three free quotes from the best licensed money lenders in Orchard Road, feel free to fill out the form.
