In an attempt to regulate the money lenders in Singapore, the government license credible money lenders. This secures all of the borrowers from elevated rates of interest and adverse loan conditions. Sourcing funds from licensed money lenders in Singapore has many advantages with regard to the terms and conditions.
Advantages of Credible Moneylenders
Even though the moneylenders provide assistance in the time of need, they shouldn’t benefit from imposing irrelevant levies and pursuits on your loan. The licensing board assesses these instances and therefore you have guarantee of the following:
The documentation procedure should remain transparent and …