How Do I Find The Best Personal Loan In Today’s Market?
Today’s market is saturated with a wide array of financial institutions.
How then, can you ensure that you pick the right financial institution? A few things to take note of are that the financial institution should cater to your needs, while also ensuring that they can afford you with comfortable monthly repayments and loan tenures.
At Money Kinetics, we have done our due diligence by curating a list of some of the top financial institutions in Singapore.
Our criteria include exemplary google ratings, at least 50,000 loan disbursements, over 20,000 unique customers served, and excellent customer service.
Applying For A Personal Loan Through Money Kinetics: Simple, Fast, Efficient!
The Different Kinds Of Loans That You Can Apply For With A Licensed Moneylender
Pro Tip: Here’s How To Boost Your Chances Of Getting Approved Of A Loan Faster With A Larger Amount
1. Clean up your credit
Need a huge sum of money for a medical emergency? Or to start your own business?
Here’s a useful tip: It’s best to try and clear your existing loans to increase your chances of loan approval. This is especially so if you are looking for a larger loan.
Those who have an annual income above $20,000 have a borrowing cap of up to six times their monthly income, across all financial institutions in Singapore.
Thus, if you have a few existing loans, those will affect the amount you can borrow for your subsequent loan.
Hence, it is advisable to clear your existing loans first in order to apply for a loan with a larger amount and to also improve your overall credit score.
2. Apply through Money Kinetics and get access to some of the best financial institutions
By applying via Money Kinetics, you will get instant access to a wide range of unique financial institutions that can help to provide you with a loan that meets your needs.
Rest assured that Money Kinetics only works with reputable and licensed financial institutions with a good track record in the industry.
3. Ensure that all information provided is correct and accurate
While filling out your personal details on our application form, do ensure to enter them correctly.
A check will also be done when you are at the financial institution’s business premises.
Once we have secured you with an appointed financial institution, you are all set to receive your personal loan!