The Woodlands is near the Singapore-Malaysian borderline. However, it’s the opposite of what you’d expect in borderlines. With its peaceful vibe, you can expect some Singapore-Malaysian cultural fusion when it comes to food and shops. Alternatively, you can go kayaking and camping at Water Venture, head to the Sembawang Hot Springs for a relaxing time, and dine in the countless Woodlands Sing-Malay fusion cuisine restaurants.

Summary of Top Legal Money Lenders of 2021

Just make sure you don’t run out of cash as you enjoy your weekend and monthly getaway. You can always count on licensed moneylenders to help you with all your financing needs.


Is It Difficult To Get a Fast Cash Loan?

Licensed moneylenders have less stringent and problematic rules, making them much more accessible for borrowers. You can apply for a fast cash loan by heading to your chosen licensed moneylender’s website or physical branch, submit all your requirements, and receive your loan amount on the same day you submitted and proved your loan eligibility.


Loan Sharks: Best Ways to Watch Out For Unscrupulous Lenders

Singapore’s micro-lending market was once under the influence of criminal organizations with loan shark fronts. Thankfully, the Moneylenders Act of 2008 had the Ministry of Law create the Registry of Moneylenders. The Registry’s role guarantees all licensed moneylenders in its roster follow its rules and regulations, ensuring fairness between borrowers and lenders.


Required Documentation You’ll Need With Most Licensed Moneylenders

Here are all the documents you’ll need to apply for a loan with licensed moneylenders successfully. You might be surprised by the simple requirements and loan contract they have. Ensure that the licensed moneylender representative explains your loan terms and conditions completely and with your full understanding.

  • Identity card / NRIC
  • Proof of residence (can be a utility bill, a letter addressed to you, and/or tenancy agreement)
  • Proof of employment (usually your certificate of employment or 3 months recent payslip)
  • SingPass 


When Do You Need To Have Loan Application Collateral?

With most moneylenders, you won’t need to have collateral. However, if you need an enormous fast cash loan, a collateral gives lenders a guarantee that they can collect your equity in case you default.


Why Use Licensed Moneylenders For Fast Cash Loans?

Truthfully, you have a great number of advantages aside from a like-for-like personal loan amount of six months salary from licensed moneylenders. Here are three of them below.

  • No Credit Scores Needed

Banks are stringent with their credit score requirements. On the other hand, licensed moneylenders have minor qualms about credit scores. Your loan application success depends on your income and job stability.

  • Quick Cash Release

Once you submit all your loan requirements, you can get your amount quickly. You won’t need to wait for weeks or months to get your money.

  • Fully Regulated and Licensed Service

If you have any complaints or troubles with a licensed moneylender, the Registry of Moneylenders will handle your case. You can be sure the lender will face repercussions due to the strict Registry regulatory guidelines.


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List of Money Lenders in Woodlands

No licensed money lenders found in the area