123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Investing---Finance >> View Article

Personal Loan From Licensed Moneylender

By Author: Maggie
Total Articles: 6

If you have decided on taking a personal loan but are not sure where to go to get one, always choose a licensed moneylender.


By choosing a moneylender that is licensed, you can avoid harassment which often happens with loan sharks or unlicensed moneylenders. Licensed moneylenders are to adhere to strict laws or be subjected to hefty fines or face suspension of their licenses. Therefore, always take a personal loan only from licensed moneylenders.


Licensed moneylenders have restrictions imposed on them when charging interest for personal loans. This means that you can be sure that you are not being duped to pay ridiculously high interest rates and your loan will be more manageable to repay.


Personal loan also called as unsecured loan. These loans are often used by borrowers for small purchases or unexpected expenses that assist borrowers with their finance.


Moneylenders are not allowed to advertise or even send you any text messages of any sort to advertise or tempt you to take a personal loan. By sending text messages, moneylenders would be violating the personal DNC act and the moneylenders’ act and you can report them. These acts are in place to protect the general public from being lured into taking personal loans when moneylenders dangle a carrot in times of need.


The unexpected happens all the time and you may find yourself needing cash urgently, whether it is for business cash flow problems, or when you need to make an urgent purchase. An instant personal loan is a quick way to help you tide over. It is advisable to take an instant personal loan from moneylenders that are licensed.


What are the benefits of an instant personal loan?


Firstly, it is simple. No complicated and long procedures are needed. All you need is in a few simple steps and is almost hassle-free.


It is also almost immediate as the name implies. It is in most instances, safe, as long as the moneylender you take your personal loan out from is licensed.


If you have had bad credit before, don’t worry. As long as you meet the moneylender’s requirements for taking out a personal loan, you can still borrow the sum of money, subject to approval.


You often will see advertisements of money lenders online, business or consumer directories, ads within the premises of the money lender’s office. All other means of ads are prohibited. Such materials like text messages, flyers, and unsolicited emails are not permitted and should be reported. These should be reported.


Get instant personal loan from Quick Credit Pte Ltd in Singapore.

Total Views: 89Word Count: 419See All articles From Author

Investing / Finance Articles

1. How Bad Credit Loans Work For Better Financial Solutions In The Uk?
Author: Sara James

2. The Free Forex Robot Minimize Risk And Maximize Profits In The Forex Market
Author: johnsyanol

3. How The Internet Has Made Money Transfer To India Simple?
Author: jack

4. What Are The Major Advantages Of Bill Discounting India?
Author: Marketfinanc

5. Best Home Loan Scheme 04433044488 Documents Required For Home Loan
Author: Loansa Assit

6. Algotrade Can Help You Gain Consistent Returns On Forex Trading
Author: johnsyanol

7. Did You File Itr For Financial Year 2016-17?
Author: Did You File ITR For Financial Year 2016-17? India

8. The Advantages And Disadvantages Of Life Insurance
Author: Sushant ingh

9. Important Aspects Of Banking
Author: Sushant Singh

10. Are You In Need Of Monetary Help For Business Establishment?
Author: John Bairstow

11. Borrowing Commercial Loan Is A Secure Way For Business Owners
Author: John Bairstow

12. The Race To Transform Yourself Into A Profitable Forex Trader
Author: John Arnold

13. House Construction Loan For Bkhata Property Apply 9964563600
Author: House Construction Loan for Bkhata

14. Gst Impact On Mutual Fund Market
Author: Investment

15. Klse Market Understanding Before Investing
Author: Multi management and future solutions

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: