THE TRUTH ABOUT LICENSED MONEYLENDER IN SINGAPORE
Introduction Singapore started moneylending as a British colony and trading station. Unregulated ethnic organizations helped their members lend money. Moneylenders from China, India, and Malaysia
Sumo Credit Pte Ltd | Top Licensed Money Lender In Ang Mo Kio Singapore
Best Licensed Money Lender in Singapore
Our mission is to help consumers like you who can access fast credit easily. Reach out to us today.
Business loan package is available to help you expand your business operation in Asia.
Our loan consultant will discuss the terms to make sure you can afford a suitable loan package that can help you meet any cash shortage in the middle of the month.
We offer a flexible financial loan for financing based on your income with no collateral required.
We are located at:
709 Ang Mo Kio Ave 8,
#01-2583
Singapore 560709
Monday – Friday: 11am – 7pm
Saturday: 11am – 6pm
Closed on Public Holidays
Sumo Credit is a fully licensed money lender operating under the Ministry of Law regulations. Our financing products are first-in-class, offering our clients affordable and value-for-money solutions across Singapore.
Sumo Credit invites you to visit us for one of the most reliable loan services in Singapore.
We go an extra mile to quickly process your application
Sumo Credit has extensive experience with loan applicants of a different background. We can help you.
In order to start applying from Sumo Credit licensed money lender located in Ang Mo Kio, please bring along these required documents:
Documents to bring for Singaporean and Singaporean Permanent Resident (SPR)
Banks can be a convenient and secure way to borrow money because they are large, established organisations that can afford to part with large sums of money at once.
However, for most borrowers, banks are not the best choice. Banks can give loans up to 10 times your monthly income but their approval process is strict. Even if you have a ‘perfect’ credit score and make a high monthly income, you will still have to wait days or weeks for your loan application to be processed. For other borrowers with less than perfect credit scores, or those with a low monthly income—borrowing from banks is not an option at all.
Don’t fret! Aside from your friends, family, and colleagues, there are also licensed money lenders in Singapore that you can rely on!
Advantages Of Borrowing From Licensed Money Lenders Over Banks
Private licensed money lenders reliably provide support for Singaporeans in urgent need of money. Private money lenders are known for:
With some licensed money lenders in Singapore, you can get your loan approved and released as quickly as 15-30 minutes! A licensed money lender gets back to you quickly.
In addition to this, borrowing from a licensed money lender in Singapore is surprisingly safe. They are not loan sharks that chase down and harass their victims, but legal, professional money lenders that abide by Singapore’s Money Lenders Act – a set of regulations imposed by Singapore authorities to protect borrowers against unfair lending practices.
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