Bishan is found at the northernmost portion of the Central Region of Singapore. It is a planning area and a matured residential town. It holds the 22nd most populated planning area in Singapore. Many private residential properties are also found in the area.

Summary of Top Legal Money Lenders of 2021

Apartment blocks in Bishan New Town are known for being the first in Singapore to depart from the brutalist design seen in most Housing and Development Board towns. Three of Singapore’s most prestigious educational institutions, Catholic High School, Raffles Girls’ School and Raffles Institution are found in the town.

Types of Loan

There are different types of loan in the market. Like banks, moneylenders also offer these types of loans. Depending on your needs and capacity, each loan aims to provide you with financial assistance. Before applying for a loan, it is smart to know which loan type matches your need:

  • Personal Loan

One of the most basic and broad types of loan is personal loan where the repayment terms are shorter. The proceeds of the loan may be used for various purposes. Personal loans are often used for vacation, purchase of property, home improvement, among others. The usual interest rate for this type of loan is 1%-4% only.

  • Business Loan

A business loan is available to business owners who want to expand their current venture or are experiencing business turbulence. It is also ideal for people who are planning to start a business. Most moneylenders require at least one year of continuous business operation as an essential loan requirement.

  • Payday Loan

A payday loan is a type of short-term loan dependent on your monthly income. Each loan is due on or before your next payday. If you need cash for an unexpected expense, then a payday loan may be a solution.

  • Monthly Loan

In Singapore, monthly loans are often offered as personal loans. In this type of loan, lenders allow borrowers to get up to 6 months’ worth of their income. If you have a long-term commitment that needs funding, a monthly loan is ideal. In comparison with line credits, a monthly loan is more affordable.

  • Foreigner Loan

Foreigner loan is offered to foreign workers or residents who are still adjusting to the country’s living cost. It is meant to assist them in settling-in, like home rental down-payments and the like. In this type of loan, moneylenders do not require a high credit score.

How Can Our Company Help You? Why Us?

At Moneylender Review, our goal is to assist you in your loan application by providing you with relevant and up to date information. We have a list of reliable and licensed moneylenders in Singapore. We guarantee that these moneylenders comply with the laws and regulations on lending Singapore. A review of their services is available on our website.

Acknowledging that getting a loan takes a serious commitment, we understand that this may not be an easy task for you. We aim to help you have a hassle-free and convenient way of evaluating your loan application. Lastly, we can help you find the right loan that fits your needs and capacity for repayment. If you want to get the updated list of the best licensed moneylender Singapore and the loans that they offer, visit our website.

Conclusion

There comes a time when you need financing. Fortunately, licensed moneylenders in Singapore are there to help. Just fill up our online form and we will quickly respond with up to three free quotes for you to compare today!

List of Money Lenders in Bishan

Loading…