admin Quick Credit PTE LTD is a licensed moneylender located at Jurong, we understand the importance of people who really needs several things or in case of emergency. In case you need budget for your wedding, birthday celebration, vacations or even in an emergency situation we provide several moneylender services with low and competitive interest rates. … Read more
The sole proprietor of AS Shalihin Enterprise was slapped with a $28,000 fine for providing false information about his borrowers’ income to the Registry of Moneylenders after being convicted last Friday, 16 September. Tan BN, a licensed moneylender, will be jailed for 56 days if he is unable to pay the fine. This is the latest breach of … Read more
The Monetary Authority of Singapore (MAS) announced on 1 September 2016 on the changes made to the current housing rules and measures. Due to the current Total Debt Servicing Ratio (TDSR) threshold of 60 percent, some borrowers have commented that they are unable to refinance their existing property loans. Accordingly, MAS has fine-tuned the refinancing rules under TDSR framework to allow … Read more
In an island wide operation that took place between Monday and Wednesday (May 30 to June 1), one hundred and four suspects believed to be involved in illegal loan sharking activities have been arrested, according to news press reports released by the police today (June 2). The suspects, aged between 18 to 72, were apprehended by the Criminal Investigation … Read more
Dear Readers and Customers, We would like to bring to your attention that Quick Credit has been operating at 2 Jurong East Street 21 #04-01A since 2010 and our telephone number has remained unchanged at 6899-6188. We are a licensed moneylender who abides by the rules of the Registry of Moneylenders and will not resort to sending out SMS/Whatsapp texts to market … Read more
Unlicensed moneylenders, typically also known as loansharks or “Ah Longs”, are illegal lenders who are not licensed by the Registry of Moneylenders to give out loans. These Ah Longs usually target desperate borrowers who often have no other means of getting a loan approved via legitimate sources. It may seem like a good idea to borrow … Read more
licensed moneylender moneylender licensed Another errant licensed moneylender is in the spotlight for charges linked to errant moneylending practices. The owner and manager of licensed moneylending company Skyline Credit were convicted of two out of six charges on Thursday, February 25. Four other similar charges were taken into consideration while sentencing. Both had pleaded guilty in the State Courts. … Read more
Personal loan personal loan personal loan If you read The Straits Times and follow closely to moneylending news, you might have noticed that our very own Quick Credit Director, Ms. Carol Tan, was interviewed for her opinion on the launch of the Moneylenders Credit Bureau (MLCB) in the February 25 The Straits Times copy. Ms. Carol Tan believes that with … Read more
Moneylender Moneylender Moneylender The Ministry of Law (MinLaw) has just announced the operations of a credit bureau for moneylenders that will begin on 1 March 2015. Known as the Moneylenders Credit Bureau (MLCB), its purpose is to help licensed moneylenders assess how creditworthy the borrowers are, as well as to help prevent borrowers from borrowing … Read more
Moneylender The Lunar New Year is fast approaching. Have you stocked up on your new year goodies or changed for new notes at the bank yet? This is the period where families get together and have reunion dinners, and also the practice of giving out red packets for good luck in the coming Monkey year. … Read more