Marine Parade is a beachfront residential estate in Singapore’s Central Region. Its picturesque East Coast Park is a favorite spot for locals to exercise and relax. You should also visit Singapore Wake Park and Marine Parade Food Centre to enjoy yourself with loved ones.

Summary of Top Legal Money Lenders of 2021

If you’re in Marine Parade dealing with a costly emergency, consider getting a loan from a moneylender.

What Is a Payday Loan?

A payday loan is a short-term loan that must be paid back by the borrower when he receives his next paycheck. Although a personal and payday loan both address the personal needs of the borrower, a personal loan consists of a larger amount that a single paycheck can’t cover. It, therefore, has a longer repayment period.

Payday loans are accessible from moneylenders in Singapore. They are offered at a maximum of 4% interest that can be conveniently paid the following month.

The Advantages of Taking Payday Loan

There are many benefits to getting a payday loan, among which are the following:

  • Use money as you see fit for an unexpected event
    Similar to a personal loan, a payday loan can be used for any personal reason, but one needing immediate attention. The borrower may use it to pay for unforeseen expenditures or cover his fixed expenses because he used his salary to cover such expenses. Whatever the case is, a payday loan would be beneficial for the borrower.
  • Receive cash immediately
    Payday loans are perfect for emergency expenses because you can get them within hours from applying with a moneylender upon signing the agreement in-person.
  • No high credit score required
    Even if you have a low credit score at the moment, taking out a payday loan will not be difficult. Moneylenders are concerned with your ability to repay them and not your credit score. In addition to that, when you pay the loan on time, your credit score will improve over time.

How to Get a Payday Loan from Us?

You cannot go wrong with Moneylender Review with our easy three-step process!

  1. Submit a loan application form.
  2. Receive up to three personalised loan quotes from Singapore’s top licensed moneylenders.
  3. Visit the chosen Licensed Moneylender office to sign the papers and secure your loan!

For a moneylender to approve your loan, note that you have to be eligible for a payday loan in the first place. You need to be at least 18 years old with a minimum salary of $1,500 if you’re a citizen or permanent resident or $2,000 if you’re a foreigner.

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

Why Us?

At Moneylender Review, we dedicate ourselves to helping you find the best licensed money lender in Singapore in the shortest amount of time.

We consistently update our directory of the best licensed moneylenders in Singapore. We base our listing on verified customer reviews.

With our loan comparison service, we assure you will get the right payday loan. Plus, you can get personalised loan quotes from multiple licensed moneylenders all at once!

Conclusion

If you still need further information or clarification, we are here to help. Our team at Moneylender Review is here to assist you in securing the loan that best fits your needs! Just fill up our online form today and you will receive up to three loan quotes for FREE.

List of Money Lenders in Marine Parade

No licensed money lenders found in the area