Licensed Money Lender Personal Loan Buona Vista
Thanks to its hilly geography, Buona Vista has quite many beautiful views to offer its residents. This housing estate is located in Queenstown in Singapore within the subzones of Holland drive and one-north.
Buona Vista is a well-situated area with an excellent transportation network. It boasts of a bus terminal as well as an MRT station. These enable its residents to access other parts of the region quickly and conveniently so that they can enjoy all the amenities in the area.
You can work and live in Buona Vista quite comfortably. And should you need extra funds to do it, a fast cash loan could help you out.
How to Get a Fast Cash Loan
1. Choose a legal moneylender
Here’s how to tell, which ones are illegal so that you can stay away from them:
- Illegal moneylenders are not transparent about their terms.
- There are always hidden charges you may not know about until it’s too late.
- They will spam you through text messages, social media, or even phone calls to get you to take their loans.
- Illegal moneylenders are usually unregulated, which means they can charge you extremely high-interest rates.
- They don’t even have physical offices. And usually, they will not appear in the Registry of Moneylenders that is under the Ministry of Law.
- Illegal moneylenders can threaten you with what will happen to you if you fail to pay their debts.
2. Have the required documents during applications
Here are the basic documents that you will need during applications:
- Your SingPass
- Proof of where you reside. It could be a bill sent to your address or a tenancy agreement.
- An employment letter and 3 months’ payslip
- Your identity card or passport
- A work pass for foreigners
3. Find out terms and conditions upfront
Usually, fast cash loans are unsecured and don’t need any collateral or a guarantor. But larger personal loans or business loans may need some kind of security.
Also, find out the administrative and processing costs associated with the loan. And be sure to know beforehand the interest rate you will be charged.
Advantages of Taking a Loan With a Moneylender
- Licensed moneylenders tend to offer cheaper services compared to loan sharks. That’s because their interest rates are legally capped at 4% per month.
- Legal moneylenders offer loans that are easier to access compared to many banks. That’s because they have a lower income threshold that many borrowers can meet.
- Moneylenders have robust loan processing systems. That ensures they can process your loan application quickly so that you can access the funds you need usually within an hour.
How Our Company Can Help You? Why Us?
Raffles Credit is a legal money lender that offers a variety of loans (including fast cash loans) to help you meet your financial needs. Here’s why you should choose us:
- We are legal moneylenders licensed under the Ministry of Law.
- We don’t practice usury by charging outrageous interest rates because we are regulated and our rates are capped.
- Our loan processing systems are efficient and they enable us to advance loans within an hour after a loan agreement is reached.
- Our company is transparent in its dealings and we don’t have hidden charges. We will let you know the total amount you will be expected to pay upfront.
If you are looking for a licensed moneylender in Buona Vista that adheres to the law to give you a fast cash loan, Raffles Credit is here for you. And we have numerous 5-star ratings and hundreds of positive reviews on Google and Loan Advisor as proof of how great our services are.
We will help take care of your financial needs today. Call us today at +65 6235 1788.
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