Licensed Money Lender Personal Loan Yew Tee

Yew Tee is a great getaway location for the weekend because the area offers plenty of activities and gastronomic experiences that you should consider for your next vacation. 

Stop by the signature Broadway Coffeeshop for an excellent all-day breakfast experience. 

Yen Sen Seafood is perfect for seafood lovers, and you can dine here after venturing in YewTee Point Shopping Mall or taking a walk in Pang Sua’s community garden walk.

With all these activities, it can be challenging to keep your budget despite your budget plans. Thankfully, you can always use licensed money lender personal loans to make sure you’re in the green for the moment.

Loans You Can Have From Singapore’s Licensed Money Lenders

Here’s a selection of loans you can have from most licensed money lenders. Review their specifications below.

Personal Loan

A personal loan grants you six months of your monthly salary. It has very minimal requirements and excludes high credit scores. You can use it for any purpose, from medical emergencies to weekend getaways.

• Loan Amount: Up to 6x your monthly salary.
• Interest Rate: Up to 4% monthly
• Repayment Period: Up to 12 months, subject to the terms and conditions of your loan.

Foreigner Loan

These specialized loans for foreigners are similar to Singaporean personal loans. However, they have a different set of eligibility and requirements, such as a higher minimum income and a varying set of supplementary documents.

• Loan Amount: Up to 6x your monthly salary
• Interest Rate: Up to 4% monthly
• Repayment Period: Up to 12 months subject to the terms and conditions of your loan

Payday Loan

If a month of your monthly income is enough to address your loan needs, a payday loan will always be greatly helpful. Both Singaporeans/PRs and foreigners can apply for this loan.

• Loan Amount: 1x your monthly salary
• Interest Rate: Up to 4% of your income.
• Repayment Period: Within 1 month or on the next payday

Business Loan

You can borrow up to S $200,000 in total from licensed money lenders to get your business idea started and moving. Your business must have a minimum annual turnover of S $60,000 and operate for 1 year to successfully apply for this loan.

• Loan Amount: Up to S $200,000
• Interest Rate: 5-15%
• Repayment Period: Up to 24 months, subject to the terms and conditions of the agreement.

Bridging Loan

These loans can help you buy a new property before you sell your old home. It’s convenient if you’re chasing after a huge down payment discount and paying the first few months of your financing. You can use this property for HDB/private properties as long as you have an Option to Purchase document before applying for the loan.

• Loan Amount: Up to 6x your monthly salary
• Interest Rate: Up to 4% monthly
• Repayment Period: Up to 1 month or until the property’s completion date.

Monthly Loan

A monthly instalment loan is helpful if you want to purchase a new appliance or invest in improving your existing property. Licensed money lenders can provide you with a 12-month structured loan instalment at any time with no credit score requirements.

• Loan Amount: Up to 6x your monthly salary
• Interest Rate: Up to 4% monthly
• Repayment Period: Up to 12 months, subject to the terms and conditions of your loan.

Bugis Credit Can Provide You With The Best Financing All The Time!

With our decade of experience providing Singapore with loans, we guarantee that you’ll have the best borrowing experience possible here at Bugis Credit. Let us be your go-to Yew Tee Money Lender for financial services. Contact us today or fill out an application form to get started working with the best licensed money lender in Singapore!