Tampines are well-served by a different set of transportation. Commute around the area through the 3 road networks. These are Pan-Island Express, East Coast Parkway, and Tampines Expressway.
Ride 6 different MRT stations in the planning area. These are the EW2 DT32 Tampines, EW3 Simei, DT31 Tampines West, DT33 Tampines East, DT34 Upper Changi, and DT35 CG1 Expo.
Tour around with these two bus interchanges. These are Tampines Bus Interchange and Tampines Concourse Bus Interchange.
Moreover, the town’s residents are financially equipped. Thanks to the loan products and services of the licensed moneylenders in Tampines.
How to Secure a Personal Loan from the Licensed Moneylenders in Tampines
Unlike other lending institutions, licensed moneylenders in Tampines are not selfish. As much as possible, they approve a loan for every qualified borrower.
Check the following qualifications. Apply for a personal loan if you have all it.
The age limit is usually posted in the moneylender’s official website. Licensed moneylenders in Tampines allow all age 21 years old up to 65 to borrow.
But less than 21 years old, do not have enough credit history. Also, this age has only begun working for their first salary. So, their repayment skill is not yet developed.
Add to that, some lenders hesitate loan approval on a younger age group. They still lack the sense of financial responsibility
If you want to take out a loan, manage your very first paycheck. Wait for the right time to borrow.
Banks only approve a personal loan to Singaporeans and permanent residents.
How about foreigners residing in Singapore for work? Can they still apply for a payday loan?
With the licensed moneylenders in Tampines, this is possible.
They offer loans to foreigners. You just have to provide all the needed requirements for immediate loan approval.
They may ask for more requirements to have a proper assessment.
The source of income is a great factor. Banks and money lending companies will always check how you can pay off your loan.
A negative source of income is a big no-no for banks. Total loan amount plus interest rate repayment is a big responsibility.
If you’re unemployed, how can you buy your daily necessities? What more if you apply for a loan.
Licensed moneylenders in Tampines need the least annual income. It is around $20,000 to $30,000. This varies for self-employed borrowers, commission-based earners and foreigners.
Licensed Moneylender in Tampines
Building a credit score is a long process. It holds the complete history of your debt and loan management.
Your loan approval is not based on your salary and position in the company. It does not secure you a higher loan amount, but your credit score does.
Banks and licensed moneylenders in Tampines tap the Credit Bureau to peek on your score.
They can see your previous and current loans. Your repayment behavior is also described.
From here, lenders can identify if you’re a high or low-risk borrower.
The length of your service in your current company is also checked.
Licensed moneylenders require at least 3-4 months of employment at your current company. While others do not specify, the approval decision is still affected.
If you’re new in the job and plans to take out a loan, wait at least 3 months before you apply.
Don’t go hysterical when your loan application is denied. Ask yourself if you are qualified or not.
Licensed moneylenders in Tampines post all the qualifications on their website. Check it out.
Why Apply for a Personal Loan from the Licensed Moneylenders in Tampines
Applying for a personal loan is better with the licensed moneylenders in Tampines. It’s very convenient for every aspiring borrower. Here’s why.
Online Personal Loan Application
With the digital world, the online process is a must. It is one of the best features of licensed money lenders in Tampines.
Apply wherever you are and whenever you need it. Get notified if approved or rejected without leaving your home.
Continue your regular activities of daily living while waiting. All these are possible due to the online loan process.
Quick Cash Disbursement
Licensed money lenders in Tampines understand every borrower’s urgent financial needs. That’s why you can get your instant cash loans within the day.
Visit your chosen lender and present all the requirements. Claim your loan cash as soon as you sign the contract. Count your money before leaving the counter.
Flexible Repayment Schemes
Paying off your loan is now made easy with the licensed moneylenders in Tampines. You can repay without compromising your work schedule.
Repay online with PayNow. Link the correct account and settle it on time. Receive cashless receipts through your email.
Another way to pay off your loan is offline service. Visit the legal money lenders office. Bring your cash for payment. Always get your official receipts.
Furthermore, the repayment scheme is more convenient than ever. Choose between weekly, bi-weekly or monthly plans. Consider your monthly paycheck.
Applying for a short-term personal loan is the best choice. Take out a loan from licensed money lenders in Tampines now.
Be financially secured. Know the qualifications before you apply for a loan. Understand how licensed money lenders in Tampines qualify their borrowers.