Most licensed moneylenders in Singapore allows you to receive a cash advance when you apply for a loan for urgent needs. Administrative and interest rate fees vary between legal moneylender companies, so it is best to investigate several lenders before filling out an application. Once approved, you can receive your money within hours. Then you just repay your loan on your next schedule date to avoid any financial or penalty problems.
Find A License MoneyLender
Before you fill out an application, you should start by ensuring they are a legal moneylenders with valid license number in Singapore. You can easily find information on IPTO.gov.sg sites.
On average you can expect to pay $4 for every $100 loan. You can borrow up to $5000, but the typical amount is between $$1000 and $3000.
The Loan Application
Although there are online loan application from moneylenders, it is a law that moneylender have to explained to you in detail on the terms and conditions, interest rate and fee charge in persona. you don’t have to worry about paperwork as our officer in charge will be there to assist you. You simply provide your contact information, income level, and checking account info.
Receive Your Money
Your application should only take minutes before you are approved. We will issue money in cash immediately.
Pay Back Your Loan
With GIRO system for some loan companies, you payment will automatically be deducted from your bank account. This payment will include the loan’s principal and finance fee. If you choose to roll over your loan for another period, you will have to pay a minimum finance fee.