There are ups and downs in life and at times, many of us and on difficult times and encounters cash flow troubles. It can be a complicated issue to borrow money from relatives and friends.
In Singapore, the money lending sector is monitored and provide protection to consumers. We wish to be the channel that connects borrowers to licensedand ethical licensed money lenders in Singapore. For borrowers with bad credit ratings who are not able to borrow from conventional methods which includes banks, it is actuallypossible for you to get badcredit personal loans with the loan providers.
Licensed money lenders in Singapore offer personal loans to individuals and areregulated by the authorities. You are advised to learn more about your rights before making any loanarrangements.
The interests rates for borrowing from moneylenders in Singapore are regulated andgenerally speaking , this type of bad credit loans commanda slightly higher interest rates (as comparedto banks) because thehigher risk money lenders bear from bad credit loans. Money lenders offer shortterm financial relief to those in needs.