Licensed Money Lender Personal Loan Yew Tee
Yew Tee is a residential area and subzone area within the town of Choa Chu Kang. It is a relatively new estate of Singapore hence most of the residents living here are middle-income earners and residents of young families. Yew Tee means oil pond, and it is named so because in earlier times this place was used to store oil.
How to Get a Fast Cash Loan
If you have a medical emergency or a car breakdown and in need of money urgently, then fast cash is what you need. Fast cash loan as the name itself says is a quick process for a loan application, and you get a loan within a few hours or maximum in 24 hours.
Credit history is not taken into consideration while approving this loan, and hence, you can also use this loan to improve your credit score.
Ways to Spot Illegal Moneylenders
While applying for a loan, you need to be careful to choose only a licensed moneylender in Singapore. If you apply with an illegal lender even by mistake, that can become the biggest nightmare for you. You can check the Ministry of Law Website to be sure if the lender is legal or not. Also, the office address on the website should match the physical address of the company.
Required documentation during the application
Singaporean / Permanent Residents (Minimum Income > $1,500.00)
- Identity Card / NRIC
- Proof of Residence such as Recent Bill or Letter addressed to you
- Tenancy Agreement
- Employment letter and recent 3 months payslip
- Know your SingPass
For Foreigners (Minimum Income > $2,000.00)
- Work Permit / S-Pass / Employment Pass
- Proof of Employment
- Recent 3 months payslip
- Proof of Residence
- Latest bank statement of account to which salary is credited
Find Out About Any Collateral Requirement Upfront
Few types of loans in Singapore are secured while the others are unsecured. A secured loan means that you will have to put up collateral like property or any other asset against the loan. Speak to your moneylender and get the information about this requirement upfront.
Advantages of Taking a Loan With a Money Lender?
When you take a loan from a moneylender in Singapore, you will have to pay a lower interest rate, they are transparent with all transactions, and they respect your private information. Hence, to make sure that you fulfill your dreams but without much effect on your lifestyle, choosing a moneylender is the best option.
How Can Our Company Help Them? Why Us?
GM Creditz is a licensed money lender in Singapore with a highly satisfied clientele. Following is a review left by a client on Loan Advisor:
“There are many money lender companies out there but only a few can make it top and GM Creditz is definitely one of the most reliable ones. Great experience. Good service. Good listening ears. Build a relationship with customers. I have been there a few times and all the staff there were friendly. Talk to them about your loan and I’m sure they will be able to advise you without judging you on your current financial status.”
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