Licensed Money Lenders Serangoon
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.

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)
Serangoon
Serangoon is a residential town in the northeastern part of Singapore. Sengkang borders it to the north and Ang Mo Kio and Bishan to the west.
The area of Serangoon houses the seven subzones. These are Serangoon Central, Lorong Chuan, Upper Paya Lebar, and Serangoon Garden. While the other three are Serangoon North, Seletar Hills, and Serangoon North Industrial Estate.
For convenient public transportation, provided are the public buses and MRT. There are several school institutions for secondary and tertiary students. Additionally, you’ll find many retail and dining options for residents. That includes the biggest mall in Region – NEX.
Food lovers will enjoy various cuisines available in the local restaurants in Serangoon. Some famous local restaurants are the Chomp Chomp Food Center, Serangoon Garden Market, and Food Center.
Several supermarkets are available in Serangoon’s vicinity. The options you get are the Cold Storage, Sheng Siong, and NTUC Fair price outlets. Residents live in HBD condominiums and apartments.
Other than that, the lending industry is one of the leading industries in Serangoon. Thus, it provides financial assistance to people who encounter money problems. If you’re one of those who seek help, you can search for the best-licensed moneylenders in Serangoon.
Your Easy Steps When Getting a Loan from Licensed Moneylenders in Serangoon
To accommodate borrowers in their application, here are some steps that you can take:
Step 1: Search for a Legal Moneylender
Since there are several licensed moneylenders in Serangoon, you can search for them. Remember that licensed moneylenders do not use social media for advertisements.
You have to search for their website to be able to get insights about them. If you saw a moneylender that is using social media for advertisements, be careful. They might be loan sharks.
Step 2: Know what type of loan do you need.
Since you already chose one of the licensed moneylenders, it’s time to think of what type of you need.
There are several loan types. Read or study them. Make sure that they can address your needs.
Step 3: Loan Application
The next step is to fill out an application form. Remember to provide accurate and reliable information. Don’t ever try to give false information. Be honest.
They use it to verify your identity. Falsifying information about you would result in negative feedback. You would lose your chance to get a loan in the future. And another worse thing is, it could be reflected in your credit history.
Step 4: Approval
You can now wait for approval right after you fill out the application form.
The waiting time for approval is short. So you can sit, relax, and wait.
Once you get approved, you can now proceed to the next step.
Step 5: Verification
A representative from your licensed moneylender in Serangoon will verify your identity.
They will ask you to visit their office. Representatives will talk to you or clarify information about you.
Step 6: Requirements
After verification, they will ask you to complete a list of required documents.
Make sure to complete all the necessary documents. You should keep the original copy of your documents for safety and security.

Licensed Money Lenders Serangoon
Step 7: Interview
The representative from your moneylender will interview you. Answer all their questions honestly. In this step, they will also discuss the repayment terms and conditions.
They will also tell you to sign a contract. Clarify every data that is questionable for you. Also, make sure to get your copy of the agreement for your future reference.
Step 8: Loan Cash
Once everything is set, you can now receive your instant cash loan. You can now also plan for your repayment. Do your obligation and pay on time to maintain a good credit score.
Types of Loan from Licensed Moneylenders in Serangoon
Are you familiar with the types of loans that moneylenders offer?
If you do not know the best loan that would cover your needs, here are some of them that you can take into consideration.
Payday Loan
If you have a bill that needs to be paid immediately, you can ask for a payday loan. A payday loan is a short-term loan. It only covers expenses that should be settled until the next payday.
Personal Loan
Use a low-interest personal loan to cover your urgent financial needs. You can use it to pay for your property or assets. Most Singaporeans use it for education and other personal expenses.
Bridging Loan
Are you planning to upgrade or expand your properties? Are you worried about your future expenses while your property is on sale?
You can use your bridging loan to cover your expenses while your property is still up in the market. You can also use it to buy a commercial property. But take note that bridging loans usually have a higher interest rate.
Debt Consolidation
Do you have many debts from other moneylenders or credit cards? Are you worried about not being able to pay them all?
Debt consolidation is the answer to your concerns. This type of loan can combine all your balances into a single loan.
You can get a low interest rate with debt consolidation.
Tracking of your repayment due will be easier for you since it is all summed up. You’ll be focusing only on a single debt with the help of debt consolidation.
Knowing about the types of loans is essential. It will give you an idea of getting the best loan for your needs.
There are many type of online loans you can get aside from what is mentioned above. Some take out a business loan to support it’s operations. While others take a wedding loan to have additional funds for their wedding.
Be careful in choosing the right loan type. But as long as you transact with a licensed lender, you’re in the food hands.
Related Article: Best Food Advice on What to Eat in Serangoon
