Your Licensed Moneylender In Singapore Since 1969
An illegal money lender who made £500,000 out of vulnerable customers by charging ‘swingeing’ interest rates has been jailed. If you suspect that you have been approached by an unlicensed moneylender, please report this to the Singapore Police Force through their online portal – I-Witness at , or call the anonymous X-Ah Long hotline at 1800-924 5664. Your quote offered on this website is non-binding and will only be finalized when you sign the loan documentation at the office of your selected licensed moneylender(s).
In addition, this can be very stressful since have to go to more Licensed Moneylender than one person to improve the full amount of money you need. An investigator from the Trading Standards’ Loan Shark Team, which carries out operations across the Midlands, said one illegal money lender from Birmingham who had recently been jailed charged as much as 8,000 per cent interest.
Swift Credit is licensed by Registry of Moneylenders (IPTO) License no: 124/2015”. We are a licensed money lender offering personal loans, financial loans and education loans in SG. Denaro will provide a financial solution for you based on your income. Fong Chin Capital offers the fastest approval rates for our monthly loans, with the lowest interest rates and most flexible repayment methods!
If you want to be absolutely sure that you are dealing with licensed moneylenders, check the list of moneylenders provided by the Ministry of Law This list will provide you with names of moneylenders licensed to practice within Singapore. Grenville Haycock trading as Penny Farthing Finance, 9 Eastlands, Tramore, Co Waterford, is licensed to charge 144.3pc per annum over 26 weeks.
Not many people realise that moneylending by small private companies to low income individuals at annual interest rates of up to 185.2pc is actually legal in this country. For some of these students, it’s not just the money that lured them, but also the peer pressure and recognition by their friends.