Licensed Moneylenders Thomson

Thomson

Thomson stretches from Novena up to north until Yishun in the Central Region of Singapore. Also, the name is after the namesake road, Thomson Road.

The oldest roads in Singapore are within the area. It is a vital link from the northern part of Singapore to the Central Area and the Downtown Core. In addition, Thomson Road is split into three lengths. These are Thomson Road, Old Upper Thomson Road and Upper Thomson Road. 

How to Identify Licensed Moneylenders in Thomson

When Singaporeans encounter financial struggle, reputable money lenders are their first go-to places. Since they solely focus on lending money, they are the best guidance you could ever have. However, you should be careful in choosing your lender. There are plenty of loan sharks waiting to catch their next prey. 

Save yourself from being a victim. First, familiarise yourself with the characteristics of the licensed moneylenders in Thomson.

Flexible repayment terms

A reputable lender always checks and considers the borrower’s credibility. It ensures their capacity to repay. That’s why they have loans with flexible payment terms. With this, they can accommodate the borrower’s request of how they can pay off on time.

Licensed moneylenders in Thomson have different payment terms. It can be weekly, bi-weekly or monthly. 

Aside from that, your repayment can be done in two easy ways. First, you can pay directly in the lender’s office or online. Anywhere is alright as long as it is more convenient for you.

Borrowing money and paying off has never been easy. But, thanks to the offers of the licensed moneylenders in Thomson.

No collateral loan

One of the assets of the licensed moneylenders in Thomson is their unsecured instant personal loan. You can borrow cash without the risk of losing your valuables and personal property. In addition, an unsecured personal loan is collateral free. Therefore, you can ensure lenders your repaying capabilities based on your credit score, existing financial responsibilities or monthly income. 

In this way, you’re focused on paying on time. Plus, you’re sure that all your properties are secured.

Regulated interest rate

Licensed moneylenders in Thomson follows the interest rate regulated by the law. So in choosing your lender, check if their interest rate is less than 4%. If they do, you’re with the right lender. 

However, there are some lenders that offer higher rates. If they do, they are most likely loan sharks. Do your best to identify and avoid them.

Quick application process

In the early years of the lending industry, you’ll have your quick cash after a few days up to a few weeks. But now, the borrowing process is a lot faster. You can start your loan application right inside your home. All thanks to the online loan process. Also, you can easily know if you’re pre-approved within hours.

Afterwards, you’ll be requested to visit their office to submit your requirement. Then, you have a thorough interview with their representative. Again, waiting and processing time are quick. They will inform you if you’re approved within 30 minutes.

You can go with your quick cash before you know it. 

Offers loans to foreigners

Unlike conventional lenders, licensed moneylenders in Thomson give out loans to foreigners or expats. Yes, you read it right. So even if you are not a Singaporean, you can still apply for a loan when you need it the most. 

The Credit Bureau regulates the loan amount not only for Singapore’s residents but for foreigners as well. You just have to present your regular annual salary for the correct computation.

Being familiar with the characteristics of a licensed moneylender saves you time and effort in choosing the correct lender for you. Keep this in mind to have a safe loan application.

Reasons for Getting a Loan in Thomson

Everyone has different reasons for getting quick cash loans. However, if you find yourself in the following situations, don’t hesitate to get that loan. 

Emergency bill

Anyone can encounter emergencies that need urgent financing. It can either be hospitalisation or surgery. Although, during these moments, your funds are not sufficient. That’s why applying for a loan is the best option. 

Not only that, your loan is not only for emergency bills. Also, it can finance for your home medications and follow-up check-ups.

Unforeseen hike in utility bills

We normally budget our monthly dues but sometimes, our bills exceed our expectations. When this happens, take out a loan to manage your bills that usually happens during summer. For example, your electric bill rises up because you use air conditioning. Or your water bill when you shower most of the time.

Thanks to the personal loan offered by licensed moneylenders in Thomson, this is manageable.

Financing dream vacation

You deserve to have a break from work every now and then. But if you feel that your funds are stopping you, take out a loan.

A personal loan is a great choice to achieve your dream vacation. You can relax and enjoy without being bothered by your budget. Also, you can use your loan cash for hotel reservations, flight ticket and even pocket money. So there’s no reason to stop the fun.

There may be other reasons to take out a loan. It all depends on your needs. It may not be listed above but you can always consult to licensed moneylenders about it. Just remember to pay off on time. Licensed moneylenders in Thomson are easy to identify. Keep in mind their characteristics. Then, have a safe and quick loan application. 

Why Cash Mart?

Cash Mart is a licensed moneylender like no other. It is fully compliant with the Moneylenders Act as mandated, authorised and regulated by Singapore’s Ministry of Law (MinLaw). Furthermore, it acknowledges and understands that every client has unique financial needs to resolve. And we believe that trust and integrity is the most valuable currency in this industry. In 48 years, Cash Mart earned an unmatched experience in moneylending industry.

Withstanding the constantly fluctuating market, it has discovered the secret to becoming the most sought-after licensed moneylender in Singapore. It is to put clients’ interests as the centre of every business decisions may it be optimizing the website or creating new loan products. Mediocre financial solutions are not enough.

Cash Mart believes that while Singaporeans need loan products, they must also get it in the most convenient way. This is why we have online loan applications! We want to be available to everyone who seeks financial assistance any time of the day, wherever part of the city-state you are. Our low interest personal loan products are planned to provide quality solutions for the everyday financial needs of modern life.  So use our loans from bridging a financial gap to turn your dreams into reality.

Experience Cash Mart today!