Telok Blangah is located in an area behind Keppel Harbour in Bukit Merah, Singapore. It is a subzone region and housing estate. Known for its historical sites, Telok Blangah still houses Masjid Temenggong Daeng Ibrahim, a mosque that was formerly a royal audience hall, and the Johor Royal Mausoleum.
Summary of Top Legal Money Lenders of 2021
Fortune Credit Pte Ltd is a licensed moneylending company with branches in Bugis, and Bras Basah, Singapore. It offers personal loans, business loans, foreigner loans, wedding loans, renovation loans, payday loans etc. The moneylender provides free consultation and quotes and low interest rates from 1% to 4%. It also offers unsecured loans and flexible repayment options.
470 North Bridge Road #02-01A Bugis Cube Singapore 188735
Since 2007, Bugis Credit Pte Ltd is a licensed money lending company that offers personal loan, payday loan, business loan, and foreigner loan in Bugis Cube, Singapore. Those with a minimum income SGD 2,000 can avail of their personal loan solutions.
470 North Bridge Road #02-12 Bugis Cube Singapore 188735
A1 Credit SG Pte Ltd offers personal loans, foreigner loans, business loans, payday loans in Havelock II, Singapore. They offer loans for Singaporeans whose minimum monthly income is $1,500 and for foreigners whose minimum monthly income is $2,000.
2 Havelock Road #02-08 Havelock II Singapore 059763
365 Credit Solutions Pte Ltd offers different types of loans including personal loan, payday loan, foreigner loan, and business loan. They have competitive rates of up to 1 percent per month with loans processed within one hour.
14, Scotts Road, #03-64, Far East Plaza, Singapore 228213
GM Creditz PTE Ltd. is a company that offers monthly loans, foreigner loans, business loans, payday loans, and personal loans in City Hall, Singapore. The licensed moneylender charges no hidden fees, and offers flexible repayment plans and 30-minute preliminary loan approval process for online applicants.
111 North Bridge Road #01-41, Peninsula Plaza, Singapore 179098
Raffles credit is a company running in Singapore since 2011. They provide personal, business, payday and foreigner loan. They approve loans as fast as in 1 hour, subject to approval. They charge up to 4% of the rate of interest on any loan provided.
17A Circular Road Singapore 049373
Known ways of spotting illegal moneylenders
Not all moneylenders in Singapore are licensed. It is not safe to deal with those operating without a license. Illegal moneylenders are loan sharks that aim to trap you in debt due to their unreasonable interest rates.
To spot illegal moneylenders, be wary if they do some or all of the following:
- Retain your NRIC card or personal ID documents
- Approve a loan without exercising due diligence
- Grant a loan without giving you a contract or explaining the terms and conditions
- Use abusive language and threats
- Ask for your SingPass credentials
- They are not listed by the Ministry of Law of Singapore
Have required documentation with you during application
Your application will be more convenient if you prepare the required documents ahead of time. Each moneylender may ask for a different set of requirements. Be sure to check out its website and prepare the specific requirements needed for a particular loan.
Find out about any collateral requirement upfront
As a general rule, most licensed moneylenders do not require collateral to approve a loan. However, it will be more prudent to ask if there’s a collateral requirement upfront. A secured loan usually has a lower interest rate. If you want to enjoy this, you can call or contact the moneylender online first so you can prepare better.
Advantages of taking a loan with a money lender?
Here are significant factors that make moneylenders a practical choice:
1. Credit Scores Don’t Matter
Unlike banks, moneylenders do not consider credit scores that much. Even if you have a low credit score, moneylenders may still grant you a loan.
2. Quick Transactions and Cash Disbursement
Moneylenders also ask for fewer requirements making the transaction quick and easy. In fact, you can secure your loan as soon as you sign the agreement. Moneylenders can grant your loan in an hour, making it a helpful choice if you are in an emergency.
3. Customised Loan Packages and Repayment Plans
Dealing with moneylenders helps you tailor fit the loan according to your needs and abilities. This option makes them a more attractive choice.
How can our company help you? Why us?
There are a couple of licensed moneylenders out there, and perhaps you find the search for moneylenders daunting. Worry not. Our company is here to help. We, at Moneylender Review, are committed to bridging the gap between moneylenders and borrowers.
If you want an up-to-date directory of best licensed moneylenders in Singapore and personalised loan quotes from multiple licensed moneylenders all at once, then you came to the right place.
Searching for the best plan for you only takes three steps. Here are our convenient and hassle-free process for you:
- Submit a loan application form.
- Receive your personalized loan quotes.
- Visit the Licensed Moneylender office to sign the papers and secure your loan!
Moneylender Review is ready to help in case you need additional information or clarification on anything. Our goal is to assist you in securing the loan that best fits your needs!
List of Money Lenders in Telok Blangah
No licensed money lenders found in the area
- Beach Road
- Boat Quay
- Bukit Merah
- Bukit Timah
- City Hall
- Clarke Quay
- Holland Village
- Little India
- Raffles Place
- Paya Lebar
- River Valley
- Potong Pasir
- Serangoon Road
- Tanjong Pagar
- Telok Blangah
- Toa Payoh