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Founded in 1998 as a pioneering concern to augment Singapore’s growing international financial hub status, Hanshan Money has grown from strength to strength to become today one of Singapore’s leading remittance companies to China, Malaysia, USA, Australia, Hong Kong and many more. From humble origins, we grew through dogged determination, business nimbleness and competitive edge. Within a short time, in 2003, we created an industry ‘first’, by providing same day remittance for the China remittance corridor.
Zhongguo Remittance Pte Ltd is the first remittance company in Singapore which provides remittance service from Singapore to China. Zhongguo Remittance Pte Ltd has expanded tremendously since its beginnings in 1999, specialising not only in the China market, but also in Malaysia, Hong Kong, Taiwan, Indonesia, the US and other parts of the world.
Since 1908, Great Eastern Life has provided millions of customers with peace of mind. Today, we are one of the leading insurance companies in Asia. We believe in a life that’s lived to the full, each and every day. That’s why we’ve made it our mission to make life great for our policyholders. You and your family’s financial security and overall wellbeing are what drives us.
AIG, is an American multinational insurance corporation with operations in more than 80 countries and jurisdictions. The company operates through three core businesses: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets.
At Aviva, our purpose is to Defy Uncertainty, helping our customers look to the future with confidence. We are a leading composite insurer with a respected global brand. Across the world, we protect our 33 million customers and the things that are important to them.
AXA’s mission is to help customers live their lives with more peace of mind by protecting them, their relatives and their property against risks, and by managing their savings and assets. As a company whose business is to protect people, we have a responsibility to leverage our skills, resources and risk expertise to build a stronger and safer society.
Personal Loan Early Repayment
Personal loans have been popular in Singapore today hence a lot of people applies to personal loans whenever they need money. There are several ways on how a person will spend a personal loan and what’s good with a personal loan is you can pay them depending on the terms you want. There are borrowers nowadays who have personal loans that would choose to pay their loan earlier. Paying your loan earlier actually has other advantages aside from being able to save more money from the annual interest rates moneylenders’ charges on your loan. Interest rates in personal loans are surely a problem to borrowers which grows higher and higher over the years, but if you can pay your loan as early as possible, then you don’t have to be concerned anymore. Another good thing with paying your loan earlier is that you can now have your monthly salary all by yourself rather than having a part of it to the repayment amount. There are also some other advantages when you pay your loan earlier which we will be discussing such as when you need to get a mortgage loan or when you are starting to save for your retirement: […]
Who Is Eligible To Borrow From a Licensed Moneylender And What Documents Are Required?
Who Is Eligible To Borrow From a Licensed Moneylender And What Documents Are Required? Moneylenders such as those found in https://www.moneylenderreview.com/best-licensed-money-lender-singapore/ will be very useful and helpful. They are authorized to offer loans to Singaporeans. The loans are then repaid over a given time. Moneylenders will be very useful and helpful. They provide several loan types, which include payday loans and personal loans. Ensure that the moneylender you work with is licensed. They should also follow the regulations and rules. That has been established to protect moneylenders and the clients. Basic Borrowing Requirements 1) The minimum age must be 18 years. 2) Income requirements: Citizens $1500 each month. And Foreigners $2000 each month. 3) The types of ID that are accepted. They include Permanent Resident (PR), Employment Pass (EP), National ID Card (NRIC), S Pass, and Work Permit (on a case by case basis). 4) Regarding business loans: The company needs to be two years after it has been registered. This is before applying for a loan. What Documents Are Required Singaporeans a) Residency Proof: Official mail delivered to a borrower’s address b) National ID (NRIC) c) Recent statement. This the account that the pay is deposited d) Current pay […]
What Is Bridging Loan And How To Get a Bridging Loan?
What Is Bridging Loan And How To Get a Bridging Loan? Purchasing your dream house is very exciting. You finally will trade your old home for a dream home. A home you’ve dreamed of owning. And also would like to live in every day. What a Bridging Loan Is This is a short-term loan provided by moneylenders. This serves the purpose of bridging the financial gap. The gap is between the sale of the old home and the acquisition of a new home. A bridging loan may be used for other uses. This includes renovating your house as you await approval on the mortgage request. Types Of Bridging Home Loans In Singapore Singaporeans can access two bridging home loan types. 1. Simultaneous Repayment Loan For this financing type, you have to make simultaneous repayments. This is for both the home loan and your bridging loan. You are given a leeway period of 12 months. This is to allow you to sell your property. For this, you are required to submit your financial documents. This will be proof showing your seriousness towards repaying on time. 2. Capitalized Interest Loan For this funding source, the moneylender funds the entire amount. Thus you […]
What Are The Type Of Loans Offered By Licensed Moneylenders?
Authorized moneylenders will be useful and helpful at times. More so to clients who urgently need cash for an emergency. At time borrowers cannot fulfill the bank’s terms. Thus they don’t qualify for bank loans. It’s for this reason some go to accredited moneylenders. In Singapore, you will find many various types of loans. There are also different plans that are labeled for every kind of loan. This could confuse borrowers looking for the best kind of loan. Here, we discuss the various loan types offered by authorized moneylenders. Payday Loan This is an unsecured type of short-term personal loan. It’s frequently known as salary advance loan, cash advance, or fast cash loan. This loan is easily accessible, and you get your money within a few hours. Its a lot faster when compared to conventional bank loans. Additionally, minimal documents are required. It’s even less stringent for those with bad credit ratings. And also individuals with low incomes qualify. Thus you won’t have to worry that you will be rejected. Neither do you need much paperwork for the loan application. Personal Loan This may be the ideal loan when you need emergency cash. Moneylenders offer fast cash advance and fast […]
What Are The Interest Rates And Fees The Licensed Moneylenders Can Charge?
What Are The Interest Rates And Fees The Licensed Moneylenders Can Charge? Singapore is abundant with moneylending services. This often does help Singaporeans suffice their financial needs. Because of this, the Singaporean government intended to protect borrowers. The moneylending firms offer loans to borrowers. Some debtors, however, fail to fulfill the minimum yearly income requirements by banks. Therefore, licensed moneylenders offer loans with high interest rates. To help in controlling this, the government intends to ensure security and safety. And this is for the borrowers as well as the lenders. The bill enforced in July 2015, outlined the changes on the interests. This is the rate that moneylenders can apply from the earlier 20 % to 4 %. This is for each month no matter the yearly income and if the loan type is unsecured or secured amid protests from a few of the 173 certified moneylenders in Singapore. The new rates of interest capped for loans were enacted. This was with the intention of protecting the interests of the public. Even then, borrowers in Singapore should be in the know. They need to know the current interest rates implementation, which was set at a 4 percent cap. And this […]
Things To Consider Before Getting a Loan From Licensed Moneylender
Things To Consider Before Getting a Loan From Licensed Moneylender Given that you need a quick loan to assist you. This could be for handling your urgent financial obligations. Then a legal moneylender is best for you. However, before you choose the lender to deal with, be sure that you have carried out thorough research. This way you can recognize the ideal loan deal for your needs. Before you visit a moneylender, make sure you have considered all alternatives available. This can include options like government agencies, banks, and other financial help. These are available to you. Below are a few elements you need to consider. As it will help you locate loans that are risk-free and you will be able to enjoy its benefits. What To Consider a) Ensure that you completely understand the documents you submit. It’s crucial that you are aware of fraudulent lenders. They might act like licensed moneylenders. Recognize their tricks and traps that they’ll use. It will ensure you recognize one from afar. Many licensed moneylenders do business by giving short-term loans. Therefore, avoid fraud agencies at all cost to prevent future headaches and troubles. b) It is crucial for you to realize this. […]
How To Identify Between Licensed And Unlicensed Moneylenders
Many Singaporeans do consider borrowing money from friends and family. It is a great solution when your family or friends will offer you the cash you need. When not, you will need help from a legal moneylender. To avoid falling prey to a loan shark, it’s a good idea to look at these tips. It’ll help you determine if the moneylender is trustworthy and legal or not. Types of Fees Acceptable According to the Singapore law on money lending. The types of fees chargeable by legal moneylenders are three. These fees are charged additionally to the set interests. This also has a cap for all moneylenders in Singapore. These costs include legal fees, upfront service charges, and late payment fees. Loaned Amount Based on Your Income The amount offered in loan depends on your salary. The licensed moneylenders do adhere to the regulation. The law regards the maximum amount based on the borrower’s yearly income. However, when you encounter a moneylender who offers you a much higher amount. An amount that’s above the regular loan given by moneylenders for your salary bracket. It’s likely that this lender could be a loan shark. Reasonable Interest Rates Charged There are particular guidelines […]
How To Get A Loan With Bad Credit
How To Get A Loan With Bad Credit Many circumstances in life will make you require extra money. Retrenchment can leave you with no income. While sudden illness or accident may prove financially catastrophic. And especially when there isn’t enough insurance cover. Below are several options you could consider using. Restructure The Outstanding Debts Having a bad credit rating mostly indicates that you may have outstanding unsecured debts. One key thing you could do to get a personal loan makes sure you first deal with the existing debts. When you are not able to pay back the outstanding debts, it is advisable that you contact your lenders and ask for possibilities of restructuring your debts. This means you will need to work with the moneylenders. This is with the aim that they reduce the interests, which are charged on the loan amount you presently owe. You may also negotiate for longer repayment tenure. This will help you reduce the amount you have to pay every month. This can help you uphold your payments promptly. A few ways to restructure your debts can be. Either by debt consolidation scheme or balance transfer. You may consider approaching Credit Counselling in Singapore. This […]
How To Choose The Best Licensed Moneylender?
From time to time you to might encounter financial concerns in your life. In such circumstances, you should choose a reliable moneylender. The lender should be able to give you with professional help. Your moneylender needs to be able to give you credible advice and offer you a reasonable repayment plan that suits your situation. Below are some aspects you need to consider. These could affect your choice of a moneylending institution. Application and Authorization Singapore has reputable and certified moneylenders. They do consider individuals with bad credit. This way they get a chance to improve their score. Thus, ensure you shop around and select lenders with flexible policies. This you will find out by going through the application process. Moneylender Credibility In Singapore, it is advisable to determine a lender’s reputation. This is best before you pick a particular moneylender. You need to check the lender’s licenses. This way you can confirm the validity of the license and that they are authorized to legally to operate. The license needs to have been issued by Moneylender’s Registry. Additionally, you need to select a moneylender who has been on the market for some years. Since the period of time in this […]
How To Apply For a Loan With Licensed Moneylender
How To Apply For a Loan With Licensed Moneylender Having poor credit can make getting a loan in Singapore is a nightmare. Your bank might turn down your loan application. Or it might charge you high interests. You could consider using a personal loan. This will help you meet personal and family emergencies as well you can fulfill a money crunch. An accredited moneylender can help you. You could consider visiting one and check if you fulfill the requirements. It could be you need money to repay a debt. Or you would like to fulfill an unexpected health issue or accidents. It could be you want to buy a new home or for other use. In these situations, a moneylender can offer you a fitting solution. Therefore, be sure to shop around for the right moneylender. The Application Process Consider visiting a moneylender’s office for this process. This way their loan officers can better serve you. As well as create a plan that suits your needs. Remember that not everyone’s financial condition is the same. Also, not all repayment scheme offered are similar. Therefore, you need to discuss the contract terms with your moneylender based on the loan type you […]
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