With the high cost of living in Singapore, it is unavoidable for Singaporeans and Permanent Residents (PRs) in Singapore to take up loans for all kinds of purchases (such as buying a car, buying a home or for home renovation) or run into financial crisis. Money is needed to tide through different problems and over the years, there has been an increase in the number of borrowers in Singapore, especially in the number of borrowers who fell for unlicensed money lenders’ trap. Claiming to be authorised, these unlicensed money lenders or loan sharks lured borrowers causing them to be knee deep in debt due to extremely high interest rates and unreasonable contracts. Monetary scams have also been on the rise.
In order to curb these issues and help Singaporeans and Permanent Residents (PRs) have access to licensed money lenders that provide legal and affordable loan packages, Loan Street was created as part of an initiative to better protect borrowers by providing them with a list of good and legal resources and advice for their financial problems. Loan Street is Singapore’s official consumer directory for tips and advice in Singapore for trusted personal loans. The site lists down the best licensed money lenders in Singapore that has a good track record and provides lower interest rates and better loan tenures. The listed licensed money lenders on Loan Street are all legal, carefully chosen and are extremely reliable. They all have large financial capabilities in order to meet the needs of all their customers.
Loan Street’s unique model includes their compendious use of data to assess creditworthiness, using state of the art technology to research and source for the best licensed money lenders in Singapore. This is to provide borrowers with loans of the best terms and lowest rates so that they are able to make comfortable repayment. Another specialty is that they also aid clients by customizing and providing them with personalised loan packages. Regardless of the reason for the loan, Loan Street’s goal is to find the best loan package for the customer regardless of the occasion.
Loan Street is one of the best consumer directories in Singapore for personal loans and the company has worked with several authorities in order to ensure the accuracy of their data. Aiming to provide the latest update and only the best plans to their users, Loan Street constantly updates their system as well as their information.
Loan Street Singapore strictly adheres to the rules and regulations set by the Monetary Authority of Singapore (MAS) and only works with licensed money lenders that are listed and have a high paid-up capital. They also check to make sure that the licensed money lender has a good track record and a good reputation by researching on the company’s history, reviews and finances. Loan Street takes pride in providing nothing but the best personal loan deals that are specially customized for their customers.
What & Why Loan Street is one of the best consumer directories that lists the top-rated licensed money lenders in Singapore. The group is transparent about loan information and ensures that all details on the site are accurate. Loan Street works together with the customer and the licensed money lenders to craft personalized loan packages that best suits every customer. Whatever the needs of the customers are or whichever reason they require financial help for, Loan Street will be the first to reach out and lend them a helping hand.
Aside from that, the team at https://www.loanstreet.sg/ also wishes to educate Singaporeans and Permanent Residents (PRs) about scams. Topics such as the dangers of borrowing from loan sharks and how to identify loan sharks are included on the site. Other than sourcing for the best loan packages and helping our customers with their financial crisis, one of Loan Street’s main objective is to reduce the number of scams and loan shark victims in Singapore.
Other Key Points? The team at Loan Street is made up of executives and officials who are experienced in the money lending industry in Singapore. All members are clear of the money lending rules and more than half of the team has been in the industry for at least 5 years, with some up to 30 years. They are equipped with the financial knowledge and capability to source out the best loans and licensed money lenders in Singapore for our clients. In the few months since its establishment, Loan Street has served more than 500 customers, handling assets and deals of more than 5 million SGD.
Differentiating us from other companies, Loan Street has also established a Learn-and-Succeed Community for our borrowers to improve their credit flow, learn from accomplished individuals and achieve success themselves. This is a platform specially created for our customers so as to improve their financial health and standard of living.
About Loan Street Singapore
Loan Street Singapore Consumer’s Directory for Tips & Advice is a non-bias industry voice for personal loan services in Singapore. We are equipped with the latest reads for Singaporeans looking for immediate solutions, and advice on personal finances.
Contact Loan Street Singapore59 Still Rd