Archive for the ‘Money’ Category

postheadericon Borrowing money is not a problem for a worker

A businessperson or salaried person would be in need of money at the emergency time. Businessperson would be able to payback within a month. The reason because, a person who is doing a business would be getting money every day, worker would be getting money only once a month. This is the difference between a worker and a business person. However, a person needs money means; there is a good moneylender in Singapore is available. The formalities are very little to provide.  A businessperson should have to present his monthly bank statement for three months. This is enough for the person to avail loan from, good moneylender in Singapore. The worker should have to provide his salary slip for just previous month. In the salary slip all the details would be available to see, how much he is receiving house rent, other payment and deduction amount. Total salary would be in four figures. For the above amount he could avail loan, from this, good licensed money lender in Singapore. In Singapore, all lenders are not getting license. Only selected lenders are able to get license for their business. Many Chinese people are providing loan, local Singapore person is providing loan, and Indians are providing loans. Only a few of them are able to get license from the government. Therefore, availing loan from licensed lender is very safe, all these lenders would not be asking principal amount in dues. Only interest amount is payable by the borrower. This is very easy for the borrower to avail loan. He would not be in trouble to pay the low interest for the principal amount.


Many people had their loan from unauthorized lenders, sold their property for repaying the interest and principal amount. This could be avoided easily once they search for the good licensed money lender in Singapore. The government is checking the back ground of the lender. The lender should have to provide many documents to the government. After this once a year they have to renewal their license only after this process, a lender can offer money to a borrower. That is the reason there are not much licensed lenders are available in Singapore. Only a few lenders are having their valid license to provide loans for the workers, and businesspersons. Availing loan from other lenders are not very easy, all these lenders are asking plenty of documents for providing very small amount.


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