Moneylender’s Tips and Advices

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Frequently Asked Questions

1. Is LoanFinder.sg a legal money lender?

  • LoanFinder.sg is not a Singapore Moneylender. We are a fair review directory that posting the latest money lending tips and information regularly. In addition, we also provide the best support for the loan applicant to gets the most aggressive financing costs from legal moneylenders in Singapore.

2. Will my personal data will be spread out when I apply for a loan?

  • We emphasize on kept personal data in privacy. All contact with the moneylenders is through you just to guarantee secret.

3. Which Licensed Moneylender is the best to apply for a personal loan? 

  • In Singapore have more than 100 licensed moneylender, this haven count in loan shark. Inside MinLaw list might have some not professional or unhonest licensed moneylender, to avoid from that we strict to filter out and list down the best licensed moneylender in our website. Follow our tips and guide you will get what you want.

4.  How can I apply for a Personal Loan?

  • Enter some simple question in the application form, later on, our office will analyze your data then refer you to the best moneylender that most suitable for you.

5. What loans do you offer?

  • Our partners have a variety of secured and unsecured loans which include Personal Loan, Bridging Loan, Foreigner Loan, Monthly Loan, Business Loan, Wedding Loan, Payday Loan, and Debt Consolidation Loan.

6. Which loan is right for me?

  • This depends on why you need the loan and the amount you wish to borrow. Refer our Loans Services page for more details.

7.  How much money can I borrow?

  • You can borrow any amount with a secured loan.

For unsecured loans, a Singapore Citizens/ Permanent Residents can borrow:

  • Up to $3,000, if your annual income is less than $20,000;
  • Up to 6 months’ income, if your annual income is $20,000 and above.

A foreigner residing in Singapore can borrow:

  • Up to $1,500, if your annual income is less than $10,000;
  • Up to $3,000, if your annual income is less than $20,000;
  • In case, your annual income is $20,000 and above you can get up to 6 months’ income.

However, it is important to take up a loan that is affordable to you and not take on too much.

8. Can I clear off my Personal Loan early and will I be charged if I do so?

  • With a Personal Loan, you can settle at any time in full. If you’d like to know more, call us at and we’d be happy to advise you accordingly.

9. Can I defer my payment?

  • Yes. We’d be happy to discuss this with you. Besides that, we will give some tips and advice to clear your debts.

10. How do I make repayments?

  • You can make repayments of your loans via Internet Banking/ATM transfer or drop by at our office.

 

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