In the western region of Singapore lies a planning and residential area of Bukit Panjang. The quiet town consists of old and new blocks of flats and condos.
Residents have different entertainment and recreational places to visit. These are Bukit Panjang Community Centre, Zhenghua Community Centre and Senja-Cashew Community Club.
Financial service and help are provided by the licensed moneylenders in Bukit Panjang. Get a secured loan application from them instead of loan sharks.
Do you want to know more about the moneylending industry? Read a brief discussion about it.
Loan Sharks vs Licensed Moneylenders in Bukit Panjang
There is a growing number of unlicensed money lending companies in Singapore. This is quite alarming for borrowers like you. For safer loan applications, identify loan sharks from the licensed money lenders.
Below is a quick discussion on how you can avoid loan sharks.
The Note of Contract is a very important document in the money lending industry. It serves as the written agreement between both parties. Every detail is discussed with clarity. A borrower’s opinion is also heard. Certain changes depending on the client’s financial condition is possible.
A reputable money lender practices this doing. Licensed moneylenders in Bukit Panjang are one of them. The loan officer discusses all the terms and conditions in your language.
Meanwhile, loan sharks do the opposite. Oftentimes, they give broad explanations. You’ll find loopholes between. Also, an alteration of the content from the discussion is visible. Don’t sign the contract if this happens.
Also, loan sharks force you to sign without proper explanation. A copy is not even provided for you. If your chosen lender does this, withdraw your loan application.
Remember, you can report them to the authorities. Contact the Registry number 1800-2255-529.
The Processing Fee
The processing fee is part of your loan application. According to the Moneylenders Act, the maximum fee allowed is 10% of your principal loan. Moreover, you can either pay it on an installment of loan amount deduction. Choose whichever is suitable for you.
Licensed moneylenders in Bukit Panjang abide by the law. They wait for your decision before proceeding with the payday loan process.
But loan sharks insist that you pay the processing fee ahead. They also emphasize that your loan will not push through unless the payment is made. An alternative means of payment is not acceptable by loan sharks.
Please do understand that it is not right. Alarm the authorities immediately. Save other borrowers.
Licensed Moneylender in Bukit Panjang
Like any application, a list of requirements is needed with your loan. Complete all the documents early for a faster release of instant loan cash.
The requirements are easy to do. It is part of your daily needs. Licensed money lenders in Bukit Panjang ask for the following. Personal identification such as NRIC card, personal ID and passport. Your employment record is also needed.
Contrary to that are loan sharks. A single document for a loan application is one of their promos. If ever they ask for more, they ask the original copy. The Registry strictly imposes that the borrower keepsake of the original documents.
With these details, you can identify the loan sharks. Do your best to avoid these kinds of lenders. Apply only with a reputable lending company. Visit the licensed moneylenders in Bukit Panjang website.
Licensed Moneylenders in Bukit Panjang and their Loans
Singaporeans and permanent residents prefer the licensed moneylenders in Bukit Panjang. Wanna know why? It’s because they are the cream of the crop of all lenders. The loan products and services are worth applying for. Listed below are some of them.
Usually, a personal loan application is used for unexpected bills. Use instant loan cash for medical bills, and increased utility bills.
The short-term loan by the licensed moneylenders in Bukit Panjang is the top choice. Pay your bills on time. Avoid incurring rates and late fees. Avail the medical treatment and continuous utility service you deserve.
A business needs continuous funds. It’s not enough that you have a capital to start it off. For production and operations to push through, businessmen take out a loan.
A business loan is also offered by the licensed moneylenders in Bukit Panjang. They help sustain every business venture in the area. Aside from that, employees' paychecks are covered.
Are you an aspiring businessman? Get this loan from the trusted and reputable in Singapore.
Investment on Time-Sensitive Purchases
Everyone is starting to invest. People start it big with stocks while others prefer small ones. Time-sensitive purchase is the most common. You buy branded or expensive item you like. This can be a bag, watch, or jewelry.
Afterward, you sell it off to a higher or lower price. It’s like a buy-and-sell system but differently. This time, you can use the item you bought. Take care of it and earn from it.
Splurge with the quick cash from the licensed moneylenders in Bukit Panjang. Start your investment journey. Make money the safer way.
Different loans are available. It all depends on your personal needs. Talk to your chosen lender about your financial situation. For sure, they have something best to offer.
Stay away from abusive lending companies. Choose the most trusted and reputable lenders in the country. Apply with the licensed moneylenders in Bukit Panjang.