The charming town of Bedok can be found in the East of Singapore.

Outdoor lovers are easily drawn to Bedok. Nature lovers and water sports enthusiasts enjoy Bedok Reservoir Park. Find time to eat at a hawker market to satisfy your cravings!

Summary of Top Legal Money Lenders of 2021

If you want a good time in Bedok but running short of money, a moneylender is your best bet.

Advantages of Taking a Personal Loan With Money Lender

A personal loan is a type of loan that can be used for any personal reason. From a vacation to a home renovation, how it will be used is up to you.

There are many advantages to getting a personal loan from a moneylender:

  1. Legal loans
    Don’t deal with loan sharks. They offer quick loans but charge excessive interest rates and resort to harassment later on. Licensed moneylenders are regulated by the Ministry of Law and offer safe and legal loans.
  2. Hassle-free application process
    Moneylenders can release your money within hours of applying as soon as the contract agreement has been signed in-person. If you have an emergency or want to take advantage of a limited deal, this would be life-saving.
  3. Customised loans
    Moneylenders can easily adjust their loan packages that would best suit your unique needs and circumstances.
  4. No high credit score required
    You could have a low credit score because of unfortunate past events. Moneylenders, however, are primarily concerned with your ability to repay the loan. A good credit score is only a plus.

Steps of Applying for Personal Loan

In applying for a personal loan with a moneylender, you have to fill in a loan application form, whether online or in their office.

To be eligible, you must be at least 18 years old. If you’re a citizen or permanent resident, you need to have a minimum salary of $1,500. If you’re a foreigner residing in Singapore, the minimum is raised to $2,000.

You also need to submit the following requirements:

Citizen or permanent resident Foreigner
  • Identity card
  • Proof of residence
  • Proof of employment
  • SingPass
  • Passport
  • Work permit/S Pass/E Pass
  • Proof of residence
  • Proof of employment
  • Proof of income
  • SingPass

Finally, you have to go to the moneylender’s office to sign and secure your money.

How Can Our Company Help You? Why Us?

At Moneylender Review, we will help you find the best licensed moneylender Singapore suitable for your needs.

Our directory of the best licensed moneylenders in Singapore is consistently updated based on verified customer reviews. Moneylender Review’s loan comparison service will only match you with the right loans for your situation. Plus, you can get personalised loan quotes from multiple licensed moneylenders all at once!

Expect a stress-free experience with our easy three-step process!

  1. Request for loan quotes
  2. Receive up to 3 personalized loan quotes from top money lenders
  3. Visit the Licensed Moneylender office to sign the papers and secure your loan!

Conclusion

If you still need additional information or clarification on any matter, we are here to help. Our team at Moneylender Review is here to assist you in securing the loan that best fits your needs!

Fill in our online form and get up to three FREE quotes from us today!

List of Money Lenders in Bedok

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