How Can I Borrow Money With No Credit Moneylenders Loan Academy MLA Singapore

How Can I Borrow Money with No Credit?

Everyone has had no credit score at some point in their lives. On a positive note, no credit history gives you the chance to build it. Responsible and smart use of products such as loans specially designed for people with no credit can be beneficial. People can spend several years attempting to fix their bad […]

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How Can I Get A Quick Cash Loan Moneylenders Loan Academy Singapore

How Can I Get A Quick Cash Loan?

A quick cash loan can be an effective way to get the cash you require when you need money urgently, or when you have an emergency. These types of loans are ideal for situations that need instant access to funds. Since the loans are short-term, the interest rate might be slightly higher, and approval usually […]

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What Documents Are Required To Apply For A Loan MLA Moneylenders Loan Academy Singapore

What Documents Are Required To Apply For A Loan

Requirements for getting a loan from a licensed moneylender The borrower should submit a duly completed loan application form to the lender. The form must include your particulars including; Your full name Personal Identification Number Date of birth Nationality Contact information Residential address Email address The loan amount you applied for. If a surety to […]

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Who Can Apply For A Loan MLA Moneylenders Loan Academy Singapore

Who Can Apply For A Loan

Eligibility for personal loans As mentioned earlier, anyone with a positive credit score is eligible for a personal loan from a licensed bank or moneylender. However, the local banks in Singapore impose certain restrictions on foreigners applying for personal loans. All foreigners are required to have proof of income. In some cases, you are required […]

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What Is The Moneylenders Act

The Moneylenders Act is An Act for the regulation of moneylending, the designation and control of a credit bureau, the collection, use and disclosure of borrower information and data, and for connected matters. Short title and commencement 1.—(1) This Act may be cited as the Moneylenders Act. (2) Section 5(3)(b) shall come into operation on […]

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