Licensed Money lender Interest Rates In Singapore | Average Interest Rates For Money Lenders

January 25, 2018

Licensed money lender interest rate in Singapore

According to an article recently released by in the news last year at November, the government has introduced a plan to cap loans from licensed money lenders in Singapore. Some earlier measures adopted were the 4 per cent licensed money lender Singapore interest rate to all borrowers, which was implemented in 2015.

January 25, 2018

Where to find a licensed instant loan provider in Singapore?

Many Singaporeans that need fast cash or immediate cash have turned to several loan providers such as the banks, licensed money lenders and even pawnshops in Singapore. In an event of an emergency, many Singaporeans and PRs that have a bad credit history are left with wondering where else can they get an instant loan in Singapore that has a quick and instant loan approval process.

January 22, 2018

How to avoid costly personal loans?

Most of us have a basic understanding of what a personal loan entails. We understand that in return for a cash injection, we would have to pay back both the initial principle sum plus interest, which represents the opportunity cost and risk incurred in extending the loan to us. As such, borrowers attempt to find low interest personal loans.

January 22, 2018

When should you consider taking a personal loan?

In an ideal world, you would never need a loan, and be able to live your life perfectly within your means. However, in the highly volatile modern world, plenty of unforeseeable circumstances ruin even the best thought of plans.