Licensed Money Lender Personal Loan Balestier

How to choose a good money lender near me?

Business license: Refer to the Ministry of Law’s list of licensed moneylenders to ensure that a business is legal. As an added safeguard, you can also read our guide for spotting illegal moneylenders here.

Loan specialty: There are different types of loans that borrowers can apply for. Although moneylenders are capable of providing services for a wide variety of loans, most of them tend to excel at a specific service.

If you know exactly what type of loan you want to get, this can help you narrow down your choices to lenders that specialize in it.

Application process: Licensed moneylenders are doing all they can to make loan applications very convenient for their borrowers. Since they know that borrowers typically need the money right away, they make sure that they release the money in the soonest time possible.

Terms & Conditions: A trustworthy moneylender will see to it that you understand all the loan’s terms and conditions. They know exactly how to explain things to you in a clear and easily understandable way.

Interest rates: Licensed moneylenders in Singapore will never charge more than 4% in interest, as legalized by the Ministry of Law.

Customer reviews: Finally, know what other people say about a particular moneylender. Reviews are very helpful in filtering who does a good job or not.

How to apply for a loan?

Getting a loan from a licensed moneylender like 365 Credit Solutions is very simple. Listed below are the 4 steps that you need to follow:

Step 1: Determine the amount

Knowing how much you need to borrow can help the moneylender determine which of their loan plans best fits your situation.

Step 2: Check the requirements

Most loans have the same basic requirements. In any case, you should be ready with your: ID card, proof of employment, proof of residence, SingPass, and 3 latest pay slips.

Step 3: Submit application

Apply for a loan via our online form, email, or phone.

Step 4: Read the terms & conditions

After we’ve examined your application, we’ll then finalize a loan plan that matches your needs.

If the terms and conditions look good to you, you can sign the agreement. Then, we’ll release your money immediately.

Conclusion

These days, getting a loan from a Licensed Money Lender has already become very convenient. No need to qualify for strict requirements or wait for days to get your much-needed cash. Personal Loan Balestier can provide you with the loans that you need in no time!