Locating the right licensed money lenders in Singapore: Credit Hub – https://credithubcapital.sg is a crucial step in achieving your goals. Not only find the right company to meet your preferences, but also you need to also look for the right one to meet your requirements head-on. In addition to doling out your hard-won money at the end of the afternoon, you must be careful of the prospect of being a victim of illegal moneylenders. To start with, remember that a licensed money lender has a permit number. The verified companies exhibit this data in their sites. To ensure that you’re dealing with a licensed moneylender rather than a scammer, who might only burden you with large fees, cross-check the details with the info recorded at the Registry of Moneylenders. As soon as you’ve verified the information of this certified moneylender of your own choice, there are still a few things you must be aware of before finalizing the deal. You must remember that the terms you agree with if you register a contract are binding into the both of you. Bearing that in mind, you always need to keep in mind to not borrow more than you can guarantee to pay on time. Prior to inking a deal, make sure to look at your financial capacity by looking into your income and other duties. Bear in mind, your agreement with the authorized moneylenders may land you with extra interest or fees for overdue payments. You should also only offer the essential documents to a licensed moneylender like your contact details and payslip. Your employment status is also necessary to confirm your ability to fulfill your part of their obligation. But, there are records that you must not submit to a moneylender regardless of whether they are licensed or not. These include your NRIC card, driver’s license, and ATM card. It’s also advisable to not give out your SingPass username and password as well as your passport and work permit. Do not be afraid or ashamed to ask for clarifications when discussing the terms of the offer. After all, you’re risking your hard-earned money. Besides, it is legally necessary for a licensed moneylender to spell out the details of a loan arrangement. Prior to placing your signature on the contract, review the conditions and assess if you understood everything including the fine print. When you have finalized the deal, make certain that you have a private copy of the contract.