There are several Moneylenders in Singapore and it is very important that you carry out some research before taking the loan money. You need to explore all the possible resources like to inquire locally and get information from different relevant websites.

1. How to Look for Reliable Moneylender in Singapore?
Before you plan to opt for a loan it is important to look for a reliable
and licensed Moneylender in Singapore. You will see that the
rise in the number of cases pertaining to fraud is due to the fact that
there are many lenders who are not licensed. It is vital that you have
complete knowledge about the person whom you are dealing with
before you take any amount of money on loan. The best way is to
carry out a comparison of the different lenders and get information
regarding what they are actually offering, the interest rates and the
terms provided to you. This is crucial to make sure that you get the
best of loan terms, deal and rate.
 Online search – You can use the online directories for the
search purpose for finding the licensed money lender. There
are several licensing websites that give you information
regarding the ID number of the license. These can prove to be
of great help in taking a well informed decision regarding from
where you need to borrow money.
 Find out locally – You can also get adequate information
from the payday lenders, local banks and different online
lenders about the terms and conditions. You can get to know if
the local lender is licensed or not before you take the final

2. decision. One of the best ways is to visit the local banks, right
sources and lending institutions.
When you are not sure about from where you should borrow money
or need to find out the best of interest rates then it is recommended
that you explore all the possible options and get necessary
information. You should take some time and compare the top most
money lenders. It is vital for ensuring that you get the lowest
interest, best terms and receive the loan limit when you need cash
on an urgent basis.