It’s understandable why Singaporeans and foreigners love Seletar. You can spend your weekend kayaking in Rower’s Bay Park or visit The Summerhouse’s unique dwellings and camping experience.

Summary of Top Legal Money Lenders of 2021

Unfortunately, it’s easy to spend so much upon finding so many things to do in Seletar. Thankfully, you can always count on licensed moneylenders to finance your getaways when you’re short on cash.

Different Types of Licensed Moneylender Loans

Singapore has hundreds of licensed moneylenders ready to help you with your financial needs. Furthermore, you have six excellent financing options readily available for everything that you need. Finding the right product gives you the best terms and conditions that help find financing success.

  • Bridging loan
    If you need to make an enormous down payment, but personal loans aren’t enough, you can use bridging loans to pay it off. You can then pay the amount later, allowing you enough time to get your finances and pay everything in order.
  • Business loan
    All business loans require an in-depth business start-up or expansion plan. Once accomplished, a licensed moneylender will take a short period to review. Once you’re approved, you can grab your loan amount on the same day.
  • Foreigner loan
    Foreign workers in Singapore have limited financing options. Licensed moneylenders are greatly open to receiving them as trustworthy borrowers.
  • Monthly loan
    Revolving credit works like credit cards. You can use it to pay for all your needs. Alternatively, some personal and bridging loan arrangements require you to pay everything monthly.
  • Personal loan
    A personal loan from licensed moneylenders gives you six times worth of your monthly salary. You’ll have to contend with a maximum of 4% interest rate plus loan fees not exceeding 10% of the principal loan amount. Many Singaporeans and foreigners have found great success and mileage using licensed moneylender personal loans.
  • Payday loan
    If your employer had a fluke, you could use licensed moneylender services to get your pay cut. Everyone has bills to pay and loans to address before interest rates balloon. A payday loan guarantees an affordable way out by advancing your next month’s income.

Four Critical Things to Do Before Using a Licensed Moneylender

  1. Compare and See Reviews
    All licensed moneylenders provide legitimate services, but that doesn’t mean they all have satisfied moneylenders. Read transparent reviews and compare all possible offers from different lenders. You can conveniently use Moneylender Review’s fully transparent loan comparison service too.
  2. Plan Your Finances
    All successfully closed loan accounts had borrowers with a focus regarding their financing. Successful ones only took out one loan for an enormous cash sum they needed in the shortest time possible. In doing so, they had focus and were able to pay back everything in full.
  3. Income-to-Debt Ratio
    If you’re already paying 40% of your income to debts, reconsider your loan application. You’ll likely end up with problematically tremendous debts in the future.
  4. Savings vs. Loans
    If you have time to save up for something you want, such as a new appliance or entertainment system, take your time and remain consistent in saving money. Otherwise, don’t hesitate to take out a big sum when dealing with medical emergencies or sudden unemployment.

Find The Best Financing From Dependable Licensed Moneylenders

Get the best quotes from Singapore’s finest moneylenders by using Moneylender Review’s advanced comparison algorithm. Additionally, you can get the best licensed money lender Singapore from their website or by filling out this online form to get started!

List of Money Lenders in Seletar

No licensed money lenders found in the area