Licensed Money Lender Personal Loan Jurong East
Often coined as the Orchard Road of west Singapore, Jurong East is also set to become the country’s second-largest business district. For its residents, Jurong East is a very sustainable neighbourhood packed with amenities from great shopping spots like JEM and Westgate, nature & recreational facilities of Jurong Bird Park and Snow City, and a fantastic food scene.
With the anticipated major development of the Lake District, we can expect Jurong East to attract more residents and businesses to bring in more estate value.
If you’re near Jurong East and struggle to make ends meet until your payday this month, you can benefit from Raffles Credit’s fast cash payday loan.
What Is a Payday Loan?
A payday loan is a great short-term fix, such as when you only need to cover your most immediate expenses until your next paycheck. Borrow up to one month’s worth of your salary and conveniently pay on your next payday.
It works like an advanced salary just so you could pull through until your scheduled payday, and easily repay with the lightest interest rates from 1% – 4%. Because sometimes, financial tensions cannot always be predicted.
The Advantages and Risks of Taking a Payday Loan
More than just avoiding missing your dues, or your daily budget isn’t enough to keep you afloat, a payday loan from Raffles Credit can be beneficial in many ways, such as:
- Save time securing a short-term loan unlike other financial institutions with rigorous approval processes. We’ll guide you through the quickest solution possible.
- Secure a loan even with a low credit score, thus improving your credit standing once completely repaid on time
- No collateral, fast approval, and safely get your cash in no time
But keep in mind that:
- Payday Loans are meant to be a short-term solution so it must be repaid fully on your payday to save on interests and late payment fees every month.
- Limited maximum loanable amount equivalent to your one month’s salary so it is ideal to be taken only to cover your most immediate needs that can be repaid shortly.
How To Get A Payday Loan?
- Applicants must be at least 21 years of age
- For Singaporean/PR residents: You must have regular employment or a source of income above $2,000 per month
- For Foreigners/Expats working in Singapore: You must have regular employment or a source of income above $3,000 per month.
For Singaporeans and Permanent Residents
- Identity Card or NRIC
- Proof of residences such as a recent bill or letter addressed to you (only applicable if you do not own the residence)
- Tenancy agreement (only applicable if you are renting a flat)
- Recent 3 months payslip and employment letter if your current employment is less than 6 months
- Know your SingPass (to log into CPF, HDB, IRAS website)
- A valid work permit / S Pass / Employment Pass
- Proof of employment (staff pass or company pass)
- Recent 3-month payslips & employment letter if your current employment is less than 6 months
- Proof of residence such as a tenancy agreement, recent bill or letter addressed to you
- Latest bank statement of account to which yearly or monthly salary is credited
- Singpass (to download IRAS NOA)
Simple 3-Step Application Process:
Step 1: Send us a filled-out form online, wherever you are, and immediately receive a confirmed appointment for your visit at our office.
Step 2: At our office, our friendly loan officers will discuss with you about your customized loan plan in detail to make sure you get the exact financing that you need.
Step 3: Once your loan plan is finalised, agreed upon, and signed, you will receive your cash in no time.
Why Take a Payday Loan From Raffles Credit?
Everyone should have equal and easy access to financial services, no matter their credit background or current financial capabilities. Raffles Credit empowers you to achieve your financial balance through our wide range of loan plans with the lightest interest rates possible.
With our pursuit of quality customer service, simplest loan processes, and ethical way of business, we can help you stay on top of your finances with peace of mind.
Ready to take your payday loan? For any immediate financing that requires you to take action quickly, Raffles Credit provides the most trustworthy loan Singapore. We value your time and your borrowing experience.
If you are looking for a loan to take care of your financial needs, visit Raffles Credit Jurong East Money Lender. Let’s create your plan today.
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