One of the hardest situations you can find yourself in are financial crises. The stress of the debt piling with the threat of interest rates looming over you, you might find yourself in a precarious position financially. In this article, we will be looking at how you can get yourself some urgent cast quick.
Get a quick loan from a licensed moneylender
If you want to get a quick loan, moneylenders are the best way to go. However, due to media stereotypes, moneylenders tend to be cast in a bad light. This could not be further from the truth in the case of licensed moneylenders however.
What a licensed moneylender does is to ensure that there will not be any illegal moneylending practices, with the license being a clear indicator that they will adhere to the rules and regulations set by the government. As every moneylender has their different rates and fees, choosing the right moneylender is crucial, and you should find a moneylender that you are comfortable with.
Why not a bank?
A bank is very different from a moneylender in the sense that banks tend to have very long processing times, and by the time your loan is approved, it might already be too late. Also, banks tend to have more complicated procedures to go through, which is why we go to licensed moneylenders to get the best and fastest service.
Where should I borrow from?
Fast Money, a moneylender that offers one of the lowest interest rates in Singapore, is the licensed moneylender you are looking for. With their impeccable service, it is hard to find another licensed moneylender that is better than them. Not only will they be able to get you money quick, the entire borrowing process is also extremely simple.
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
-your latest 3 months computerised monthly 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.