Get Over Immediate Financial Crisis WithPayday Loans Singapore

Posted by Linda Fernandes
3
Aug 23, 2015
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The time between successive payday becomes extremely critical if some emergency comes up, and you are faced with extra financial expense that you have not planned for. The amount may be little but too much to handle, considering the other expenses that you have to meet during the month. During this moment, you always think of asking your employer to give you some money in advance so that you can tide over your financial problems for the time being. You can ask your employer to adjust the advance with the paycheck for your next salary. It might sound very simple, but the reality is that very few employers will be ready to give any salary advances. Taking a Payday Loans Singapore is the only option.

 

A better option

 

A better option is offered by some of the licensed and registered money lenders in the country. These lenders offer an option that is known as Payday Loans Singapore. The idea is to offer a short-term unsecured loan at a very high rate of interest to borrowers for taking care of utility bills, house rent or any other expense that cannot wait until next pay day. This loan is not the same as a car loan or a home loan or any other loan for that matter. The loan is not about a percentage of your annual salary or requires any document to confirm your age and your residential status.

 

Great loan features

 

No certificate is required to show that you have drawn a certain amount of salary for the last six months, and you have a regular employment. You do not have to produce a guarantor who will be responsible if you fail to pay up. The only thing that you require for Payday Loans Singapore is the salary slip for the previous month. The loan that will be sanctioned will be equal to the salary you receive every month, or lower than that. The amount will never exceed the money you receive as salary. You have to deposit a post-dated check for the money you take on loan plus charges for processing the loan. 
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