Credit Cards or Urgent Personal Loans from Licensed Moneylenders?

Credit cards are notoriously known for high interest rate and rolling over credit card debt over months can cost you more and more accumulative interest.

Before considering personal loans from licensed money lenders, you might contemplate considering the negative image that was portrayed by loan sharks.

However there are a few factors about Licensed Moneylenders that could change your mind.

Swift Approval. When you are in dire urgent needs for cash, you probably have no time to go around looking and negotiating for a personal loan. Licensed money lenders like us are able to cater to your needs for speedy processing and approval of application. Approval is usually within the same day itself.

Credit Scores. People with all types of credit score could face a situation where they require loans. Our aim is to help people get the loan they need, even with poor credit score.

Low Interest Rates. Having a bad credit score could mean getting charged with sky-high interest rates. Rolling over credit card debts could put you in serious debt issues that might take you a long time to repay because of the high interest rates. Putting Licensed moneylenders into consideration could be a good idea as the interest rates are reasonable and wouldn’t put you into endless debt once you work out your finances.

Simple Requirements. Typically speaking, licensed moneylenders would only ask from you documents and information that are needed to prove you are able to service your loan. (Eg. CPF contribution or Payslip)

No surety Required. As long as you are able to justify your repayment , no guarantors is required.