Licensed Money Lenders Raffles Place
Small Loans, Big Solutions
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.
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
Eligibility and Documents Needed
For Self Employed
For Taxi Drivers
Another urban place that is worth visiting in Singapore is Raffles Place. It lies outside the Raffles Place MRT and southwest of Merlion Park. Part of Raffle Place’s vicinity is the stunning skyscrapers of UOB Plaza and the OUB Building.
Also, Raffles Place sits right in Singapore’s business and financial centre. It is even recognised as the Central Business District in the area. Various industries are in this modern area, including the best-licensed moneylenders in Raffles Place.
Trusting Licensed Moneylenders in Raffles Place
Is your dad sick? Can’t your daughter take her midterm exam? Don’t have enough funds to pay your upcoming dues and other bills? Have you encountered any of these situations?
Most Singaporeans find ways on how they can resolve these kinds of life events. And with regards to that, licensed moneylenders in Raffles Place played a significant role in that.
Moneylenders are now embracing the digital world. With that, the loan experience becomes way faster and convenient for consumers. They offer various online loans services to the community where consumers can enjoy in times of tight budget.
Add to that are the low-interest personal loans with flexible repayment terms. There are lots of banks and financial companies you can find in Raffles Place.
Are you getting confused about which financial institution to turn to? Try visiting Raffle Place, money lenders and find out what more they can offer to you.
Online loan application
Borrowing money today is made easy. No more tedious paperwork and no long line waiting. It is all because of the online loan process.
Start your loan application while having breakfast in your dining. You’ll visit the main office once you received a loan approval notification.
If you didn’t receive any notice from them, you could directly contact them on their posted contact number. You’ll find it through the moneylender’s official website. Explore their webpage and get all the details you need for the online process.
Wasn’t it too convenient where you can get any clarification without stepping out from your doorsteps?
Loan approval for foreigners
Here in Raffles Place, foreigners are no exemption to loan approvals. They can borrow from a licensed moneylender available in place, and that’s one of their best assets.
If you’re a foreign tourist and happened to fall out of budget on your tour, you can seek assistance from licensed lenders. That’s how magnificent loans offered by the licensed moneylenders in Singapore.
Quick Personal Loan Process
The money lending industry and the online system are the best tandem. It paved the way for a more convenient personal loan process. Thanks to the internet!
You can sign up, apply for instant cash loans, and get approved within an hour. Claim your loan proceeds in as short as 30 minutes. Isn’t that quick?
What more if you applied with the licensed moneylenders in Raffles Place? Their wide variation of loan products and services is very enticing.
Got a problem in paying your hospital bills? Get a loan from Raffle Place money lenders and settle all your bills.
Flexible repayment scheme
It’s great to find a moneylender that you can trust. You get instant cash loans without any hassle. But there’s another essential thing to consider, and that is the repayment terms.
The moneylenders in Raffles Place offer flexible repayment schemes and are simple. You can repay your due loan either by dropping it at the lender’s office or by linking your bank account.
Among the repayment options, you should choose which you think you can pay without any pressure. You can choose between weekly, bi-weekly and monthly terms.
Weekly terms mean you’ll pay your debt every after seven days, while Bi-weekly terms mean you’ll pay every after two weeks. And the monthly terms mean you’ll pay your loan within 28 days.
Take note of your due date, and avoid missing your payment. You can make a schedule on your smartphone or set the alarm to remind you about it. Whenever you receive your paycheck, it’s best to pay first your obligations before using it for your personal needs.
No collateral needed
Many people are hesitant to take any loans because of collateral. In contrast to moneylenders in Raffles Place, they are offering unsecured personal loans. There’s no need to pledge any property for your loan.
It’s an advantage for those who don’t have any valuable property to use as collateral. Nothing to worry about losing the property in case the borrower became insolvent to the lender.
Spot Loan Sharks from Licensed Moneylenders in Raffles Place
The moneylender enterprise in Singapore grew unexpectedly. Because of this, lending companies took a step ahead of meeting every client’s expectations.
However, there are lending facilities that take advantage of a borrower’s dilemma.
Despite a saddening situation about your dad’s sickness, you still need to think correctly. Where will you get the emergency fund?
Know when you’re talking to a legit lender or abusive loan sharks.
Not enlisted in the official list of licensed moneylenders
The easiest way to identify if a lender is legit or not is through the Ministry of Registry. They provided an official list of licensed moneylenders in Singapore and can be viewed only through their website. Go and check it out.
Search in if your chosen money lender is worthy of your trust. But if not, leave them behind and find another lending company.
Save yourself from becoming their prey. You may even report unlicensed lenders to the authority.
Disturbing behaviour of agents
Most registered lenders have accomodating, friendly, and professional staff. They provide high-quality customer service to every consumer.
However, the pretentious lenders are disturbingly persuading and force you to apply for a loan that you don’t even need.
They don’t care about your financial status. Instead, loan sharks take advantage of it. They’ll hit you emotionally until you fall into their trap.
The process is too easy and doesn’t even have a formal contract. Loan sharks require minimal requirements, but they charge enormous interest rate. Additionally, loan shark officers threaten borrowers.
In times of desperation, we can’t avoid looking for lending who would grant an instant loan without further documents. But this doesn’t seem right. You have to be careful. Don’t let your desperation drag you down financially.
Demanding Processing fee that is more than 10%
As stated in the Moneylenders Act mandated by the Ministry of Law, a processing fee must not exceed 10% of the principal loan amount.
But the loan sharks are there operating around the place, breaching the law. Usually, they demand 10% of your principal loan before they process your loan application. You pay it either via instalment or deduction to your principal amount.
If you encounter this situation, that means you’re dealing with the wrong lender.
Choose any of Raffles Place money lender who abides by the law. Most of them maintain to be on the list of trusted lenders in Singapore.
Personal loan approval is granted to anyone who’s creditworthy. The whole loan process is so easy which you’ll get quick cash at the end of the day. It is all possible if you’re associated with reputable lenders.
Are you in need of extra cash?
Here’s a registered money lending company you can trust in Raffles Place.