Licensed Money Lender Personal Loan Telok Blangah
Telok Blangah is a housing estate in Singapore found near Keppel Harbor. The name of the area has Malay origins and comes from the words “Telok”, which means “bay” and “Blanga”, which means “cooking pot”. The name stems from the shape of the bay, which is in the form of a cooking pot.
Telok Blangah is rich in Malay history, which can be traced as far back as the 13th Century. It features several resting places of Malay aristocrats. They include the Johor Royal Mausoleum and the Keramat Bukit Kasita.
Among other attractions in Telok Blangah is The Church of St. Theresa, which features beautiful Byzantine architecture.
There is also Henderson Waves, an iconic wave-shaped pedestrian bridge.
With so much to see and do at Telok Blangah, you might need extra money to engage in all fun activities.
Types of Loans Available to Enjoy
Many types of loans exist. They serve different functions and have different terms and conditions. Some of the loan products available include:
Personal loans are loans that you can use to meet your personal needs. You can use it as you see fit to travel, pay for your wedding, furnish your home, etc.
Most money lenders offer personal loans based on how much you earn. As a result, you don’t need collateral to access these kinds of products.
Business loans serve different business purposes. You can use them to pay off your existing business debts, expand your business, buy new equipment, etc. These loan products cannot be used to cater to your personal needs.
You can access business loans to the tune of low-six-figures without the need for collateral from many money lenders. If you would like larger amounts, however, be ready to offer collateral.
Payday loans are sometimes known as a fast cash advance. They are offered to those that have financial emergencies that they need to deal with quickly.
Payday loans derive their name from the fact that they are meant to be paid back when your payday arrives. Usually, the sum given is one month’s worth of income that is paid in advance so that you can pay off your bills on time.
Monthly loans are loans that are usually offered to those seeking financial stability. The loans are then paid off regularly and in scheduled installments.
Monthly loans don’t have to be personal loans. They can also be business loans. Mortgages too can fall under this category. The common factor is that they have a fixed interest rate that is calculated in such a way that the sum of the first to the last payment stays the same until the debt is paid off.
A foreigner loan is a loan that is offered to foreigners living in Singapore. It caters to the lack of credit history that foreigners tend to have.
Moneylenders who offer this kind of loan tend to avoid lengthy credit checks. Instead, they opt to consider whether you earn enough to pay it off. And the loan usually has a flexible repayment schedule.
How Our Company Can Help You?
Raffles Credit is a licensed moneylender that serves residents of Telok Blangah. It offers a wide variety of loans to suit different needs. They are also open from Monday to Sunday, so you can seek financial help anytime from 10:30 am to 8 pm*
*Until 4:30 only during the weekends.
For inquiries, feel free to call us at +6562351788
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