Low Interest Personal Loan

Top 10 Loans You Can Apply From Licensed Money Lenders in Singapore (2020 Update)

Medical emergency? Home upgrade? Home renovation? Debt consolidation? Regardless of your needs, Lending Bee’s wide range of personal loans will be able to help you tide over any financial emergencies that may arise. As Lending Bee is a licensed money lender, you will not have to worry about exorbitant interest rates and loan rejections anymore. With our exhaustive range of personal loans, it is important to decide on the one that fits you best. The 10 Different Kind Of Loans You Can Apply For With Licensed Money Lenders We have broken down the top 10 most common types of loans in Singapore: 1. Fast Cash Loan  Fast cash loans, also known as instant cash loans, are commonly used to see you through any financial emergency you might face till your next paycheck. Usually, the amount of money borrowers take out for a fast cash loan is lesser than usual. This is given that the loan tenures for fast cash loans are relatively shorter. The maximum amount you can borrow is dependent on your monthly income. So, if you’re in a financial bind and need fast cash, it’s best to contact a trustworthy and licensed moneylender. Benefits include: Your application can be approved with cash disbursed within 30 minutes You can borrow up to 6 times your monthly salary The eligibility chances are close to 100%, as long as you have a steady income Your credit score doesn’t matter A fast cash loan can be used in situations such as: Paying your bills Paying some late loan installments Securing rent An impromptu trip Quick repairs around the house An emergency medical procedure   2. Emergency Loan  Emergency loans are unsecured personal loans that people usually take for unforeseen events. Their flexibility makes them increasingly popular with borrowers to solve their pressing needs. As a licensed money lender, Lending Bee prides ourselves in our fast approval rates and quick loan disbursement. So, if you have limited savings and can’t pay for unforeseen costs, our emergency loans feature these advantages: Affordable interest rates starting from 1% Loan approval and cash disbursement within 30

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Here’s How You Can Get Financial Help During The Coronavirus Pandemic In Singapore

Whether or not you are hysterical about the coronavirus pandemic, one thing we can agree on is that several households have been affected adversely when it comes to their financial situations. The economy is bad and retrenchment rates are increasing. People in Singapore are losing their jobs and many businesses have been forced to close due to COVID-19. Anyone who is brave enough to check their savings account will agree that the numbers are dropping rapidly. All banks in Singapore such as DBS, UOB, Standard Chartered and more are lowering their banks’ savings interest rates. Moreover, investors are panicking and events are being cancelled until further notice. Some of the people who have been hardest hit by the impact of the crisis are the people who face job uncertainty and layoffs. These are mostly people who are employed in everyday industries. Small businesses and restaurants have also been struggling in the wake of the pandemic with more and more people wondering how they will get money during Covid-19. On the bright side, there are different ways you can access financial support to fulfil your obligations as the pandemic rages on. Seeking Financial Help From A Licensed Moneylender Borrowing from a licensed moneylender is a legitimate option to get money. Differing to what most people think, licensed moneylenders do not charge exorbitant interest rates like loan sharks. They abide by the rules set by the Ministry of Law and will only offer interest rates between 1 to 4%. As the only moneylender in Singapore with 4 outlets and one of the few piloting new lending programs with the government, Lending Bee even has our own loan packages that offer better rates for some. If you are interested, you can make an appointment to find out more for free. To play our part and help everyone in Singapore, Lending Bee is also giving out free masks to help the community. One of the most important rules to keep in mind when borrowing money from a moneylender is to make sure that they are licensed. Even during a financial crisis, you should not

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