Get the personal loan from a licensed moneylender Singapore at reasonable rates
Introduction
While most people in Singapore are able to predict their monthly expenses and arrange for money accordingly, they sometimes find that they do not have enough money to pay some urgent expenses. Many people, especially younger people also do not have enough savings or assets, to offer as collateral while applying for a loan. Hence they are interested in getting a personal loan, yet find that most banks are taking a long time for processing the loan application. They are told that it is easier to get a loan from a moneylender so they would like to find a personal loan licensed moneylender Singapore.
Reasons for taking a loan
Since a personal loan is an unsecured loan, it is for a smaller amount. There are many valid reasons why a person may require a personal loan like
– a medical emergency, healthcare expenses, medicines, doctor fees
– vehicle repairs, vehicle accident or damage
– home, appliance or furniture damage requiring repairs
– unexpected travel expenses
– legal expenses for self or family members, friends
– natural calamities like flooding, earthquake
educational expenses of children
Licensed Moneylender
In Singapore, the government recognizes the fact that people may require a loan periodically, so moneylenders in Singapore are licensed. This ensures that they are ethical in their business conduct and conform to the guidelines for functioning. Aerocredit.sg is one of the most reputed moneylenders in Singapore which is registered with the registrar of Moneylenders in Singapore. It offers a wide range of business and personal loans to businesses of all sizes and individuals living in Singapore. The company is managed by well trained and experienced professionals who offer personalized service. The loan applications are processed quickly so that the borrower can get the funds required at the earliest.
Eligibility.
Since Aerocredit does not demand any kind of security for the personal loan, it will usually carry out a credit check on the loan applicant before loan approval to mitigate the risk involved. Usually, salaried individuals in Singapore get their loan approved without any kind of problem. Well established business owners and professionals also are approved for personal loans easily. Citizens of Singapore, permanent residents in Singapore, and holders of work permits are all eligible to apply for a personal loan. However, only individuals who are 21 years of age or older can apply for a personal loan.
Conclusion
Aerocredit understands that people can face financial emergencies due to no fault of theirs. It may not be possible to reverse the losses caused due to lack of funds a later date. Hence we are flexible with our terms and conditions while approving loan applications, considering each applicant individually. The staff is well trained, courteous, and will ensure that all the information remains confidential. The loan application is processed in the shortest possible time. For more information, borrowers can contact on phone, whats-app online chat, or using the contact form on the website, specifying the preferred mode of communication.