Licensed money lenders are in the business of providing financial solutions to Singaporeans when they need it the most. But not all of them are the same.
Many people with low credit scores find it difficult to access cash loans from banks, who either reject their applications or charge them exorbitant interest rates. This is where Katong Credit comes in.
- AP Capital Pte. Ltd.
AP Capital is a licensed money lender in Singapore. They provide customized loan solutions to meet the financial needs of Singaporeans and foreigners. They also offer affordable interest rates and flexible repayment terms. Moreover, they have a team of qualified and experienced professionals to guide their clients through the process.
This legal moneylender is a relative newcomer in the local market, but they have earned a lot of praise for their customer service and competitive interest rates. Additionally, they have numerous outlets located in central locations, making them a convenient choice for customers. However, beware of unauthorized money lenders or loan sharks who may contact you via SMS or WhatsApp to lure you into a debt trap. Such illegal money lenders are not licensed and are likely to violate the Moneylenders Act. To avoid being scammed, only borrow from reputable licensed moneylenders in Singapore. Ensure that you fully understand the terms and conditions of your loan before you sign.
- U Credit (Pte.) Ltd.
Whether it’s settling your end-of-month mortgage payment or paying for that urgent car repair, cash loans are always the best solution when you need fast cash. Licensed money lenders like Credit 21 offer affordable loan packages and provide their clients with convenient repayment options so that they can meet their obligations without compromising on their lifestyles.
As one of the top professional legal money lenders in Singapore, 1AP Capital consists of a core group of professionals who are committed to offering customised loan solutions that are tailored to customers’ needs. This includes developing credit options for residents, foreigners, and businesses.
Besides providing a variety of personal and business loans, this money lender also provides debt consolidation services. They are renowned for their quick loan processing and transparent service. Additionally, their customer satisfaction rate is among the highest in the industry. This is why they get most of their new clients through referrals. Their loan application process is also simple and hassle-free.
- Credit 21 Pte. Ltd.
Whether you need to finance an expensive purchase or cover expenses in between your regular income streams, you can count on Credit 21 to provide you with the cash you need. Their personal loan products are suitable for any budget and come with a variety of flexible repayment terms. Moreover, they have a mobile application that makes applying for personal loans fast and convenient.
At some point in their business journey, most organizations experience financial difficulties until they reach a steady state. These issues can be challenging to overcome and can affect a company’s cash flow. In order to cope with such problems, a company needs to secure a quick cash advance from a trusted licensed money lender.
Horison Credit is one of the leading licensed money lenders in Singapore that provides financial solutions that cater to each customer’s needs. They offer various loan options and adhere to the Ministry of Law’s norms and regulations regarding interest rates and payment plans.
- SME Care Pte. Ltd.
As one of the best 24-hour money lenders in Singapore, SME Care offers private advances authorized by the Ministry of Law to Singapore residents, Permanent Residents, and foreigners with valid Employment Passes. Their business financing experts discreetly comprehend their client’s requirements and bundle viable arrangements that suit their financial conditions.
Their extensive selection of detailed loan products includes personal loans, business loans, and foreigner loans. They also offer different repayment periods and interest rates to accommodate each customer’s unique needs. Moreover, SME Care is a licensed money lender with an impeccable reputation and excellent customer service.
It is important to remember that only licensed money lenders can advertise their services via business directories, their own websites, and on their premise. If you see any advertisements on other channels, it is likely that they are illegal money lenders and could get their license revoked by the Ministry of Law.best money lender singapore