A quiet, laidback charm emanates from Serangoon Gardens. Resting in the heart of Singapore and home to one of their best hawker centers as well as hangout areas, and under-the-radar restos — such as Chomp Chomp Food Centre, Simon Road Market Sculpture, and Serangoon Community Park — you’ll be sure to find your new favorite spot here!
With so many activities and offerings in the area, going around would surely be at a cost. If you find yourself in Serangoon and need convenient financial assistance, seeking a licensed moneylender is the smart way to go.
How to determine if a moneylender is licensed?
Potential borrowers can easily verify a legal money lender by checking the list of licensed moneylenders in the Registry of Moneylenders under the Ministry of Law in Singapore website.
Note that legal money lenders in Singapore are well-trained and will always perform due diligence and walk you through the process every step of the way to ensure the customers are fully aware and informed of the loan terms.
Licensed moneylenders are required to discuss the loan process and conditions with clients in a language that they can fully understand. A contract with all the loan details and clear descriptions will be provided to maintain the business’s honesty and transparency.
Licensed money lenders in Singapore will not ask for your SingPass Password or any delicate or sensitive information unless necessary.
Factors to consider whenever taking a loan:
When getting a loan, it is important to review your options from which licensed moneylenders you will borrow from and what is best suited for your financial needs. Moneylenders should not only give you the best interest rate, but it also needs to be licensed and fully registered with the Ministry of Law.
Before taking up any kind of loan, make sure you are:
- Fully-aware of the Singaporean government’s financial assistance schemes, which have no or low-interest rates and will provide you with other suitable amounts for your needs
- Able to fulfill your contract and agree legally to the discussed terms and conditions
- Have enough income to repay the borrowed amount
- Understand the language used in the contract
How can A1 Credit help you?
Applying for a loan only takes a few steps:
Reach out to us via Walk-in, phone call, or online.
- Call us at 6336 0833
- Visit our website here. (You’ll receive a phone call from our loan officers within 30 minutes)
2. First Approval
If you seek a loan over the phone, we will ask you some preliminary questions to determine your eligibility. Once eligibility has been satisfied, we will invite you to our office to get to know you better and personally explain our loan terms.
3. In-Person Consultation
At our office, you can ask any questions or clarify your doubts with us. You will also be required to present your documents for our verification. Upon examining your case, our friendly loan officer will offer you an amount and explain the loan terms and conditions for you to understand fully.
4. Signing The Agreement
Once you agree to the loan amount and repayment terms, our loan officer will print out the contract for you to sign.
5. Receive Your Cash Loan
Once the contract is signed, you will receive the cash on the spot, hassle-free.
A1 Credit is one of the finest and most dependable money lenders near Serangoon. With a greatly experienced team, we assure to provide a wide variety of solutions for every borrower that needs cash conveniently with the lightest and easiest repayments possible.