Borrowing from a Legal Money Lender: What You Need to Know
If your savings or other resources are insufficient to meet your actual financial needs, then you should only think about taking out a loan from a licensed money lender. Give it some thought; this is not a choice to be made hastily. If you take out a loan from a Licensed moneylender in Singapore, your loan arrangement is legally protected. You can be certain that the lender will follow the correct lending protocols.
Source: https://thebigblogs.com/blogs/....borrowing-from-a-leg
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