Money is a very important thing which everyone needs. There will always be a time when we have some need for money quick, be it to snag a time-limited deal or to finance a house renovation. Most of the time, it is not easy to come across fast cash, but fortunately, there is always a way. In this article, we will be going through the ways in which you can get yourself some fast cash, and more importantly, how to get that said cash as quickly as possible.
Find a licensed moneylender
Although moneylenders tend to get a bad reputation, largely because of media stereotypes, they are still a legitimate service which is here to help people rather than ruin lives. In this case, if you want to get some fast cash, you will have to look for a licensed moneylender.
A licensed moneylender will ensure that you will be protected from illicit activities, with the license ensuring that they will adhere to the rules and regulations set by the government. Choosing the right moneylender is also very important as every moneylender has their different rates and fees, and you will need to find the moneylender that you are comfortable with.
Why a moneylender and not a bank?
So why a licensed moneylender and not take a loan from a bank? As the title states, what we are looking for is FAST cash, and that is something that banks are unable to provide.
Banks tend to have very long processing times, and by the time the cash reaches you, it might already be too late. Additionally, banks tend to have more complicated procedures to go through, which is why we go to moneylenders in order to get the best and fastest service, and most importantly to get your cash in double quick time.
So which moneylender should I go for?
With all these different factors in play, we would like to recommend Fast Money, a moneylender that offers one of the lowest interest rates in Singapore, with their impeccable service, it is hard to find another licensed moneylender that tops them. Not only will they be able to get your money quick, but the entire borrowing process is also extremely simple to boot.
As mentioned above, it is a hassle-free and easy process to get the loan, with the first step being to go down to the Fast Money office in person to find the best terms and loans for you.
Remember to bring the following:
- your NRIC or Passport number
- your phone bill or Singapore power service bill
- 3 months payslip or 15 months CPF statement or Income Tax Statement
- or for self-employed individuals, your past 2 years income tax statements
- your original valid employment pass
- your original passport
- your tenancy agreement for your rental premise, PUB bill or handphone bill
- Appointment letter from your company
- latest 3 months payslip
- bank statement- for proof of your company crediting your salary
These are all relevant documents needed for the approval of your loan.
After determining the best loan for you, all you will need to do is to simply fill in the relevant forms and you can go to claim your loan after that.
There are some eligibility requirements, however, so please do ensure that:
- You are a Singaporean, Permanent Resident or a Foreigner with a valid Singapore Employment Pass
- Be above 21 years old
- Be a full time employed personnel
For more information about Fast Money, go to fastmoney.com.sg or call their friendly hotline at +6562244746 for the Yishun branch and +6562244749 for the Tampines branch.