Licensed Money Lender
Personal Loan Telok Blangah
Little do people know but Telok Blangah is one of the most historical places in Singapore. The area is where Sang Nila Utama threw his crown into the sea in the 1330s. It is also home to the Orang Lauts and also the same area where sea pirates have infested.
Summary of Top Legal Money Lenders of 2022
Telok Blangah is also known for the Shrine and Tomb of Radin Mas, who was a Javanese princess killed after shielding her father from being murdered. Besides these sites, there are surely a ton of sights Singaporeans can see within the area!
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 private money lender Singapore will not use threatening behaviour. You will need to visit the licensed money lender’s office to process the loan agreement.
Licensed moneylenders 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:
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.
Customer Review
Check reviews from both experts and the actual customers to ensure the institutions people are checking offer or provide quality service.
The Best Rate in Town
Compare rates, fees, and other features from other licensed moneylenders within the area.
To avail and get at least three free quotes from the best licensed money lenders in Telok Blangah, feel free to fill out the form.
