Guide To Finding A Licensed Moneylender In Singapore

What is Money Lending?

Money lending is the act or practice of loaning a certain amount of money either to an individual, or a business entity. There are usually some requirements that you need to complete and submit, and then once their finance team thinks you met their criteria, then you’ll be approved for the loan. The timeframe for the whole process varies from a week to a month, depending on the amount you wish to borrow and the requirements you sent. Some money lenders do not require too much information from you so that the loan process is becomes shorter, while others take their time in doing a credit and background check. Also, the payment time frame varies, depending on the factors set by … Read more