If you have a bad credit history with banks, it might be difficult to get a loan from them. But you may be able to borrow cash from licensed moneylender singapore. These lenders have to adhere to rules set by the Moneylenders Act and must ensure that the information borrowers provide remains private. They also must explain the contract terms and conditions in simple terms so that borrowers can understand them. In addition, the lender must not charge late interest or other charges that are not specified in the contract.
Another important thing to look for in a moneylender is how they treat their customers. Avoid companies that are rude or use threatening language. These are illegal practices that can land you in jail. It’s also best to choose a lender that is reputable and has been operating in Singapore for a long time.
GS Credit is a highly-rated licensed moneylender that offers loans at affordable interest rates. They can help you find the right loan amount for your needs, and their application process is quick and easy. Plus, you can visit their office to discuss the terms of your loan. They also offer a variety of financial products to meet your unique needs. loan from moneylender singapore