Things To Take Note When Looking For A Licensed Moneylender
• Check with the reviews and friends for recommendations and procedures on taking a loan from a licensed money lender. You can check out reviews and information online. Most licensed money lenders has a business website which you can read up on information on them.
• Find a loan package that that can cater to suits your needs and repayment period. There is no point trying to force yourself into their repayment schedule if you cannot deliver.
• Find out all the total cost of the loan, including the interest rates and all late charges, fees and early repayment fee. Make sure that there is not hidden costs involved.