Boon Lay is a neighborhood that was named after Chew Boon Lay, a renowned businessman. He used to own rubber plantations in the region in the early 20th century.
Location-wise, you can find it in the western part of Singapore, within the town of Jurong West. Some tourist spots in the area include Jurong Bird Park, Jurong Hill Park, and Jurong Falls — all of which are within the same nature complex.
If you’re ever facing a financial emergency while you’re in Boon Lay, don’t worry. In this post, we’ll discuss what a payday loan is and how you can easily get one.
What is a payday loan?
A payday loan is a loan that grants you a cash amount that is worth your monthly salary. It’s a short-term loan that requires the borrower to pay back the loan by their next payday. It can be a helpful solution for those who need immediate funds.
The advantages of taking a payday loan
- Convenient application: With Fortune Credit, you simply have to go to our website or call us at 6777 1887 to apply for a loan.
- Easy requirements: Banks typically have strict demands before they grant loans. With moneylenders, however, you simply need to have a minimum monthly salary of SGD 1,500.
The needed documents are also easy to gather. These are: ID card, proof of residence, proof of employment, SingPass, and your latest 3 months pay slips.
- Low interest rates:Licensed moneylenders in Singapore can only charge up to 4% in interest fees as mandated by the Ministry of Law.
- Helpful for emergencies: Since payday loans don’t have strict requirements, you can get your money right away. This can be incredibly helpful during emergencies.
- High credit score is not required: Even without a high credit score, licensed moneylenders can still approve your loan application.
- Short-term: Because payday loans aren’t meant to last, it encourages borrowers to be disciplined with their money. This allows them to be debt-free sooner.
How to get a payday loan from Fortune Credit?
Applying for a payday loan is very convenient with Fortune Credit. Listed below are the steps you need to take:
- Prepare the requirements: Collect the necessary documents so you’re ready to go when you get the consultation schedule.
- Get in touch with us: Apply for a payday loan online or via phone call.
- Discuss terms in person: Once our consultant has gone through your application, we will schedule an appointment with you. Come on the scheduled date and time so we can discuss the terms of your loan plan.
- Receive cash: When all the terms and conditions have been settled, you simply have to sign the agreement. You’ll then receive the cash amount that you applied for.
Why get a payday loan from us?
Since 2010, Fortune Credit has fully lived up to its tagline, “Feel Free to Borrow Anytime.”
In fact, our customers regard us as the Best Licensed Money Lender in Singapore because of our approachability and efficiency.
Contact us at 6777 1887 or [email protected] to get approved for a payday loan today.