Advisory
Licensed Money Lenders Jurong West
Small Loans, Big Solutions
Access extra cash when you need it the most from your online lending partner.
Short Term Loans
We offer the most flexible repayment terms you can meet with ease.
Money on Demand
Get your cash in less than 30 minutes after you signed your loan contract with us.
Trusted Transparency
From our online loan calculator to loan contract - we ensure no hidden charges!
Eligibility and Documents Needed
Loan applicant must be aged 21 years and above
Singapore Citizen or Permanent Resident
In employment
Eligibility and Documents Needed
- Identification Card (NRIC)
- Singpass Login
- Proof of billing ( Any latest bill indicating residential address)
- Latest 3 month original payslip (Only applicable if there is no cpf contribution)
- Letter of employment (Only applicable for new employment)
For Self Employed
- Identification Card (NRIC)
- Singpass Login
- Notice of assessment (NOA indicating trade income)
- ACRA (Accounting/Corporate Regulatory Authority)
- Proof of billing ( Any latest bill indicating residential address
For Taxi Drivers
- Identification Card (NRIC)
- Vocational license
- Taxi pass
- Min 7 days job summary
- Proof of billing ( Any latest bill indicating residential address)
Jurong West
Jurong West in Singapore is a residential town surrounded by the two main rivers: Sungei Jurong and Sungei Lanchar. You get the nature vibe within the place of Jurong West.
Also, notable sites are present.
Some of these are Jurong Central Park and Jurong West Sports Centre. Add to that are the Jurong West Stadium and Frontier Community Centre.
What made a living so manageable here in Jurong West is because of the lending industry’s financial assistance. Jurong West has the best money lending facilities you can ask for.
The popular one you’ll find is the Licensed Moneylender in Jurong West. Try their online loan services. You get various options depending on your financial capabilities.
Significant Factors That Can Drag Your Credit Score in Licensed Moneylenders in Jurong West
Your credit history is one of the bases of your loan approval. It reflects whether you’re a good payer or not. It’s about identifying responsible borrowers from not.
Being a good payer is beneficial. Trust me. But a bad record in your payment puts you in a hot seat.
Licensed moneylenders in Jurong West enumerates what keeps your score down. This way, it will save borrowers from dropping their scores.
Consecutive Loan Enquiries
For every loan inquiry you do, banks and money lending companies record it. Too much loan application within a short period reflects as a call for financial help. More or less, banks and lending facilities will think twice to grant your loan.
You can avoid this. Do thorough research about money lending agencies before you apply. Please take note that a legal money lender does not post their services on social media. They do all the marketing strategy on the official website.
Take a look at the official website of Licensed Moneylenders in Jurong West. You can see everything on their site. Study all about their financial services. Be encouraged to apply for their loan products.
No Credit History
A zero-credit borrower is a considerable risk for banks. The chance of loan approval is very minimal. All because you don’t have any payment behaviour records.
Unlike moneylenders in Jurong West, they encourage no credit borrowers to take a loan. For non-credit borrowers, taking up a low-interest personal loan from moneylenders is a good start.
Consider taking a short-term loan like a payday loan. It could be your first step to building up a credit score. Pay on time, and you’ll probably earn a healthy score after one year.
Late Repayments
Late repayments are very much discouraged. It’s the number one factor that keeps you from having a perfect score. It can compromise your loan.
Lending entities become hesitant to approve high-risk borrowers. It’s a case-to-case basis. Some high-risk borrowers still get approval, yet they get a lesser loan amount.
Moneylenders in Jurong West is very concerned about this matter. They notify borrowers of their nearing due dates. It’s one way to help remind the borrowers of their financial obligation.
In addition to that, Jurong West money lending companies prefer early termination of the loan rather than late repayments.
Default Credit
Having a default credit is the worst. Banks and other money lending companies will not trust you with a loan. A failure of loan repayment drags all your score down. It shows how irresponsible you are with your finances.
It’s normal to face a financial dilemma. But if it highly affects your repayments, talking with a loan officer could help you manage your loan.
A thorough discussion of the loan process and financial guide is done first before proceeding with cash disbursement.
Help yourself with your finances, and revive your credit score.
Licensed Money Lenders Jurong West
Six Easy Steps to Apply for a Personal Loan in Licensed Moneylenders in Jurong West
Getting a personal loan now is made more accessible. You can even do it by just tapping at your smartphones. Thanks to the power of digital transactions.
All you need to do is grab your gadget and type on the website of your trusted moneylenders in Jurong West.
Here’s what you need to do NEXT!
Step 1. Use the loan calculator.
You might be wondering how much you’re going to pay for the instalment if you take a specific loan amount. That’s the reason behind why a loan calculator exists!
The said tool is exclusively designed to let borrowers know how much interest would be incurred in the loan, depending on how long you want to repay it (loan terms).
All licensed moneylenders have loan calculators on their site. Use it to give you an idea. Enter the loan amount you want and the preferred repayment scheme. From there you’ll see how much every due you have to pay.
Step 2. Proceed with Online Application.
If you think you can manage the outcome of your calculation, apply online for the loan type, you need. There are different types of loan you can choose from.
For home improvements or fixing, a renovation loan can help support your needed funds. For young couples who plan to settle down, make that dream wedding come true with wedding loans.
There are lots of foreigners working in Singapore. Despite citizenship, money lenders still welcome them in times of financial problem. If you’re one of them and need some extra cash, apply for ex-pat loans.
Other personal loans you can get are jewellery loans and business loans.
Upon application, ensure that all the details are correct. Enter your active contact details.
Within the day, a response from the lending representative is expected.
Check your email from time to time. Have your phone with you all the time. The representative either call or email their borrowers.
Step 3. Complete the Required Documents.
As you talk to the lender’s representative, the list of requirements is discussed. An appointment at the physical office is scheduled. Don’t miss any of these details.
With completed documents, visit the lending office. Present all the photocopies and original as well. However, you won’t give the original. It is always for your safekeeping.
Step 4. Be Honest with the Loan Officer.
Afterwards, a brief interview from the loan officer is conducted. Answer with all honesty. Remember your response is reflected in your documents. Your answers can make or break your loan application.
Listen attentively to the terms and conditions. Raise your question for clarification as needed.
Step 5. Sign the Contract.
Once everything is clear and acceptable on your side, sign the loan of contract. Affix your correct signature legibly. Always ask for your copy after it has been notarised.
Step 6. Claim your Instant Loan Cash.
As easy as that, you get instant cash loans—no need to wait for days to get approved. Also, pay your loan diligently. It’s a small task but a big step in building a good score.
Credit score has been a part of the money lending industry for a long time, and it’s not just a number. It highly affects your finances significantly, especially on your loan application. Grow a good score with a suitable lender. Apply online from the licensed money lenders in Jurong West.
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