Geylang is commonly known as a red light district in Singapore due to the number of brothels in the area. However, Geylang is more than that. It is rich with food and culture. Restaurants around it are visited both by tourists and locals not for the ambiance but for the food itself.
When you desire for a unique adventure in Singapore, Geylang is the place to be. Get that much needed adventure for you and your loved ones by borrowing an extra amount from a trusted moneylender.
How to Identify a Licensed Moneylender?
Be careful not to transact with an illegal moneylender. There are a few things you have to remember to determine a licensed moneylender from an unlicensed one.
First, the moneylender should be in the list of licensed moneylenders in Singapore which is found on the website of the Registry of Moneylenders. Being in the list is the most reliable indication that the moneylender is legal. Without a doubt, the moneylender is a loan shark if it is not in the list.
Second, licensed moneylenders have limited platforms of advertisement and phone call as well as text messages are not one of them. Many get scammed by promotions they directly get through their mobile phones. You should contact licensed moneylenders and not the other way around.
Third, licensed moneylenders require contract signing by inviting you to personally go to their official place of business. Loan sharks can approve your loan without a contract. Having no contract means absence of terms and conditions of the loan that are vital in protecting rights of both borrowers and moneylenders.
What to Consider When Taking a Loan?
When taking a loan, consider the loan amount, interest rates, repayment schedule, and other charges of the loan contract.
These information are vital to determine whether or not you can comply with the terms of the loan in the long run. Remember to borrow only an amount you know you can repay. Otherwise, you will just be putting yourself to more troubles in the future.
Moreover, you may want to consider reviews from past clients. Reviews give you a glimpse of what it is like to borrow from a particular moneylender.
How Can Our Company Help You?
Fortune Credit has been in the lending industry for a decade and since then, it has acquired expertise in efficient and effective customer service. Years of experience help it determine the importance of custom-tailored loans to better suit borrowers’ needs.
When you borrow from Fortune Credit, you will be sparing yourself from possible threat and harassment. It strictly abides with the rules and regulations set by the Ministry of Law.
What is best about Fortune Credit is that it does not mindlessly approve your loans. It assesses you in such a way that it can come up with reasonable terms and conditions of the contract as well as with the proper loan amount to be extended. Loan sharks will lend you amounts that they know you cannot afford to pay comes maturity.
For inquiries, please contact us at 6777 1887.