Best Credit SG: Best Licensed Money Lender in Singapore
Since 1985

Borrowing from a money lender in Singapore carries risks such as high-interest rates and potential debt accumulation if repayments are not managed properly. In order to protect borrowers fall into interest rate trap, Ministry of Law set guideline for legal money lender by capping 4% interest rate per month. This is also an information that can be found on the general website of Ministry of Law.

Best Credit SG calling for everyone do not borrow with illegal lenders who may use unethical practices.

You can find reliable licensed moneylenders near Bukit Batok by searching online directories or visiting the Ministry of Law's website for a list of licensed moneylenders. Best Credit SG has a branch conveniently located in the Bukit Batok area to serve your financial needs.

You can contact our customer service team at Best Credit by calling our hotline +6562725538 , sending an email, or visiting our office in person. Our friendly and professional staff are always ready to assist you with any inquiries or concerns you may have.

To locate the nearest Best Credit branch, you can visit our website and use the branch locator tool. Alternatively, you can search keyword "money lender near me" to allocate the nearest moneylender branch. Best Credit branch is near to Bukit Gombak MRT with 3 minutes walking distance to reach our doorstep.

To apply for a loan with Best Credit, you can visit our office, fill out an application form online, or contact our customer service team for guidance. You will need to provide necessary documents such as identification, proof of income, and any other required information.

Using a moneylender like Best Credit offers several benefits, including faster loan approval processes, less stringent credit requirements, and personalized service. We can provide more flexible loan terms and cater to individuals who may not qualify for traditional bank loans.

To compare interest rates among different moneylenders, you can visit their websites, contact them directly, or use comparison tools available online. Ensure you understand the terms and conditions and beware of hidden fee associated with each rate to make an informed decision.

To calculate the total cost of a loan from a moneylender, consider the principal amount, interest rate, and any additional fees or charges. Use our online loan calculator or consult with our customer service team at Best Credit for assistance in determining the total cost.

Repayment options for a moneylender loan typically include monthly installments or lump-sum payments. At Best Credit, we offer flexible repayment plans tailored to your financial situation. Usually loan repayment will be 1 month or maximum 12 months instalment. Discuss your options with our loan officers to find the best plan for you.

To negotiate better terms with a moneylender, be transparent about your financial situation and repayment capabilities. At Best Credit, we are committed to working with our clients to find mutually beneficial terms. Open communication and a good credit history can help in negotiating more favorable conditions.

Yes, you can still apply for a loan even if you have an outstanding loan. However, your application will be evaluated based on your current financial situation, credit history, and repayment capacity. It is important to demonstrate that you can manage multiple loan repayments without financial strain. Our team will work with you to understand your needs and offer a suitable loan solution that aligns with your circumstances.
Feel free to contact us if you need further assistance or have additional questions!

Refinancing a loan with a licensed money lender in Singapore involves replacing your existing loan with a new one, ideally offering better terms. The process typically includes:

1. Consultation: We will discuss your current loan and your financial goals for refinancing (e.g., lower interest, smaller payments).
2. Assessment: We will evaluate your existing loan agreement, your repayment history, and your current financial standing.
3. New Loan Offer: If you are qualify, we will propose a new loan package. This will detail the new interest rate, loan tenure (repayment period), monthly instalment amount, and any applicable fees.
4. Comparison: We will show you the comparison of this new offer with your current loan terms to ensure it meets your needs. To explore your specific refinancing options, including potential benefits and all terms, speak directly to us is the best way to come with a win-win situation.