a legal money lender transaction

Legal Money Lender: How to Identify One

You’re in need of funds to pay off a debt, but you know that it’s best not to borrow money from friends or family. You may have heard that some people are using loan sharks and loan sharks are dangerous.   What can you do? Well, there is a legal option
a woman thinking if she should get a personal loan or line of credit

Personal Loan vs Line of Credit – Which is Better?

Amidst the present worldwide pandemic, lots of people are suffering financially. Some of the main stressors during this period are insecure jobs and finance. Having a family to support and financial obligations to upkeep can make it really difficult to make ends meet. Thankfully, some are entitled to the government’s
Signing housing documents

Mortgage Loan for Foreigners in Singapore

Living in Singapore and dream of owning your own home? Fret not; now, non-citizens can obtain a mortgage loan and secure their ideal home. It can be overwhelming when you intend to stay or work in a foreign country for a long term.  Especially when it comes to the loan
Approved loan application form

How to Get Private Money Loans in Singapore

Money lending activities have long carried a negative stigma in Singapore, being portrayed as unwanted scenarios within local dramas and news. Yet, for the vast majority of loans made each day, these transactions have ended in a win-win situation. Indeed, both the money lender in Singapore and their client profit
applying for the best personal loan in singapore

Is It Safe To Apply For A Personal Loan?

Today, we will be tackling one of the most commonly asked questions on the internet. Is it safe for you to apply for a personal loan in Singapore? Many beliefs about personal loans come from street hearsay, media dramas that dramatize the subject or childhood anecdotes. As such, your understanding about personal

What Are The New Limits On Loans For Moneylenders in 2019

  Over the years, there has been several laws that were created to protect borrowers in Singapore. In an effort to tighten up the moneylending industry, it is now mandatory that moneylenders will need to seek for approval from the Registrar of Moneylenders before hiring any employee, in addition, it

Changes To Loan Providers This Year

This year, a new Bill was passed by the Parliament to facilitate a more secure process when it comes to moneylending in Singapore. Named as the Moneylenders (Amendment) Bill, it protects Singaporean and PR borrowers from unlicensed moneylenders, and seeks to modify all moneylenders in Singapore into legal businesses. In
Couple from abroad applying for foreigner loan in Singapore

What You Should Know Before Getting a Foreigner Loan

Today, Singapore is one of the world’s leading financial hubs, attracting a vast amount of foreign talent from around the world. However, despite the creation of financial infrastructure to provide financial support to foreign workers and expatriates, the cost of living in Singapore continues to rise each year. In 2020,
lady studying personal loan in singapore to determine repayment

2 Methods to Quickly Pay Off Your Outstanding Debt

Debt has always been a controversial issue. On one hand, having debt is a sign of financial difficulty and a huge risk. However, on the other hand, when planned for, a personal loan in Singapore can be seen as a tool that helps you capitalise on opportunities. Part of this
counting bills after rejected loan

What You Should You do If a Moneylender Rejects Your Loan Application

A rejection from your personal or business loan application can be devastating. Afterall, if you had applied for a loan in the first place, then you likely would have been in an urgent need for an injection of financial capital. Nonetheless, this is certainly not the end of the world.