Situated in the northern region of Singapore, Woodlands earned its name because of the vast greenery when viewed from the Johor side of the straits. Combining comfort and convenience, it is a beautiful Singaporean neighbourhood.
Combining comfort and convenience, it is a beautiful Singaporean neighbourhood. With plenty of sights and food options to choose from, you might find yourself short on cash.
If that’s the case, consider getting a personal loan.
What Is a Personal Loan And How Does It Work?
A personal loan is a lump sum of money you can borrow for a variety of purposes. For instance, you can borrow money for:
- Paying a large purchase
- Consolidating debt
- Planning a dream wedding
- Medical emergencies
- Home renovations
Personal loans can be offered by banks, financial institutions, and money lenders. If you’re thinking of borrowing from a licensed moneylender, here are a few features you need to know:
|
Minimum Income |
S$2,000 |
|
Maximum Loan Amount |
Up to 6x your monthly salary |
|
Interest Rate |
1-4% |
|
Loan Tenure |
Up to 12 months, subject to the terms and conditions of the loan |
|
Fees |
An approval fee of not more than 10% of the principal loan amount |
|
Eligibility |
At least 21 years old |
Advantages Of Taking a Personal Loan With A Money Lender
- Hassle-Free Application: Licensed money lenders only require a few basic documents and they have a less stringent loan application process.
- Flexible Repayments: Licensed money lenders offer different financial assistance to suit your needs. In fact, they can offer tailored personal loans with affordable interest rates and flexible repayments.
- Quick Fund Disbursal: If you’re in need of quick cash, then a licensed money lender may be of help. Since their loan process is less stringent than banks, you’ll be able to get your money within the same day.
How To Apply?
You can apply for a bridging loan in three easy steps! But before that, make sure that you’re dealing with a licensed money lender. Go to the Ministry of Law’s website and check the list of licensed money lenders in Singapore.
Step 1: Call or Apply Online
You can apply from the comforts of your own home. Simply go to our website and submit your loan application as well as the necessary documents.
Step 2: Visit Our Office For In-Person Consultation
Our loan officer will schedule an appointment to discuss the terms and conditions of the loan. The officer will make sure you understand all the details before signing a loan contract.
Step 3: Receive Your Cash
Once you’ve signed the complete loan contract, you will immediately receive your cash loan.
How Can Fortune Credit Help You?
Established in 2010, Fortune Credit has been in the money lending business for over a decade. They have remained steadfast in delivering high-quality loan services to their customers.
Fortune Credit is recognized as one of the top 10 licensed money lenders in Singapore. Today, they continue to provide fast, hassle-free financial assistance to their customers.
Conclusion
If you need extra cash for paying off a debt or a large purchase, feel free to borrow from Fortune Credit anytime! You can always count on Woodlands Personal Loan to provide you with the loans that you need!
Fortune Credit is a licensed money lender near Woodlands that offers financial assistance to those in need. Friendly, efficient, and accommodating, they have received 4.9 raving stars from verified clients on Google Reviews.
To learn more about your financing options, contact us at 6777 1887 or enquiry@fortunecredit.com.sg today!
