If you want to get quick money, your first choice obviously wouldn’t be a bank or financial institution but rather a money lender. If you need quick money or instant cash in a few hours’ time, visiting best moneylender in Singapore can prove very beneficial to you and they also open until 8pm.
They are registered with the Ministry of Law and can provide you with a quick loan until payday aptly called a “Pay Day” loan. It is a really short term loan and takes repayment from your pay check. Obviously you should expect to sign a contract and ask the clerk to explain it to you. It is easy to get quick money from a lender and in some instances you present your identification and a proof of income and that in itself is sufficient so long as you are not bankrupt.
Personal loans, though short term requires credit checks so I do not recommend you signing up for a personal loan. If your credit is terrible and you need instant money, the loans’ officer may be throwing around confusing terms like debt ratio and refinancing. If you know your credit is poor, then commit to getting a “Pay Day” loan, so you can make your appointment and get your cash as soon as possible and with little hassle.
A loan that is secured by property basically will allow you to borrow any amount from the Best Money Lender; this method isn’t always quick. If it is unsecured, you can only borrow in relation to your salary. However if you earn more than S$120, 000 in a year, you can also borrow an unlimited amount.
Quick money comes with high-interest rates but if you absolutely cannot wait until your next pay day, please seek out a licensed money lender because there are laws in place to protect customers.