Sengkang is a large residential town in Singapore’s North-East Region. Once an idyllic fishing village, it is quickly growing in population and opportunities. Nature lovers enjoy hiking and exploring Sengkang Riverside Park, which features the largest man-made wetland in Singapore.

Summary of Top Legal Money Lenders of 2022

If you’re facing financial trouble this month and your paycheck won’t suffice, a moneylender can be of great help.

What Is a Payday Loan?

A payday loan is a short-term loan that you must repay within one month or on the next payday. These loans can cover a costly emergency which can exhaust the money you’ve set aside for your everyday expenses.

You can obtain payday loans from licensed moneylenders, which only charge an interest rate of 1-4%. The maximum loan amount is only up to 1x your monthly salary. Therefore, if you need a more considerable amount, consider a personal loan instead.

The Advantages of Taking a Payday Loan

A payday loan can be very beneficial to the borrower. Here are some reasons why:

  • Privilege to use it for whatever reason
    The borrower can use payday loans for whatever reason. It is like a personal loan, but the borrower utilises it for a more immediate personal need. What is sufficient for a moneylender is its full repayment with interest by the end of the term.
  • Quick cash disbursement
    When you’re dealing with an emergency, waiting a long time for a loan can add even more stress. However, you can get a payday loan from a licensed moneylender within minutes as long as you’ve submitted a loan application form and completed your requirements.
  • No high credit score required
    A low credit score can be discouraging when taking out loans, especially when dealing with banks which consider it heavily against you. However, moneylenders are only concerned with your ability to repay them. And if you pay on time, it can quickly help you raise your credit score.

How to Get a Payday Loan from Us?

It will only take you minutes to secure a payday loan from Moneylender Review. All you have to do is:

  • Fill in our loan application form.
  • Wait for your three personalised loan quotes from Singapore’s top licensed moneylenders.
  • Visit the office of your chosen licensed moneylender to finalise the deal and secure your loan!

To be eligible for a payday loan, you need to be at least 18 years old with a minimum salary of $1,500 if you’re a citizen/permanent resident and $2,000 if you’re a foreigner.

You must also produce 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 Get a Loan Through Us?

If you’re stuck in a financial emergency and need just a modest amount of money to get by next month, then consider getting a payday loan from a licensed moneylender.

Moneylender Review’s loan comparison service can generate up to three personalized loan quotes from the top licensed money lender Singapore for FREE just by filling up our online form today!

List of Money Lenders in Sengkang

No licensed money lenders found in the area