Bukit Panjang, formerly known as Zhenghua, is a developing residential town located on a low-lying elongated hill in Singapore’s West region. It is a relatively quiet town compared to other more publicly discussed housing estates but has seen rapid planning and housing developments in recent years. Because of this, more investments and people are coming to the area.
How to Get a Fast Cash Loan?
With the growing population and economy in the area, budgeting and finances should not be a hindrance. Licensed money lenders in Bukit Panjang can help you get a personal loan in an instant. Make sure to follow the tips below to ensure your fast cash loan approval.
Stay Away from Illegal Money Lenders
The first and most crucial step is to avoid making transactions with illegal money lenders. Illegal money lenders usually provide you with loans that are too good to be true and without proper loan requirement protocols.
One of the best ways to tell if a money lender is licensed is by checking Singapore’s Ministry of Law website for the approved money lenders’ official list. Only those listed on their website are money lenders who have passed all of the license requirements.
Licensed money lenders are also those that ask to be appropriately met face to face and follow a proper protocol before the loan is disbursed to borrowers.
Bring Necessary Documents During Application
Make sure to fill out the application correctly and have all the paperwork needed before visiting the lender’s physical office. Licensed money lenders in Bukit Panjang usually ask for your employment and credit history and personal identification documents such as NRIC card, individual ID or passport.
Find Out Collateral Requirement Upfront
Secured personal loans are those backed by collateral to reduce the lender’s exposure to default risk. On the other hand, unsecured personal loans do not ask for any guarantee but have higher interest rates than their secured counterparts. Make sure to ask about this with the executive to prevent problems in the future.
Advantages of Taking a Loan With a Money Lender
Personal loans from money lenders, such as Fortune Credit, are more reliable because of the many advantages they have over bank loans, especially for small businesses looking for fast capital.
Fortune Credit is easily accessible, quick to approve loans for any function, and only requires minimum requirements. The interest rates are also competitive and offer fast loan processing within hours on the same day.
How our company can help you
Fortune Credit, is one of the best and most trusted money lenders in Bukit Panjang. We offer fast, reliable and easy cash loan transactions from our team of professional licensed money lenders, with flexible payment terms and competitive interest rates.
We prioritize our customer’s needs and give them their much needed financial push to let their dreams grow into realities. Reach us now by clicking https://www.fortunecredit.com.sg/ or by calling us at 65 6777 1887.