What Is A Moneylender?
As a hard money lender in Colorado, we create value through our ability to act quickly and professionally. This book wows the reader with five nice stories through which a money lender has influenced positively the life of people he touched Though the money lender has business in mind and is influential person in the society, he at the same time depicts traits of good human being who thinks of solutions that not Licensed Money Lender only fulfills the business ambition but also solves the problem in hand.
Mr Vikram Nair, a lawyer and an MP for Sembawang GRC who sits on the Government Parliamentary Committee for Home Affairs and Law, said he is not sure if licensed moneylenders should be completely prohibited from operating in the heartland but he supports the recommendations made by the advisory committee.
As she was unable to repay the principal amount within a month, the moneylenders told her to renew the loan by paying 14 per cent of the loan amount (10 per cent administration fees and 4 per cent monthly interest), so that additional time could be given to her to make full payment.
The firm, Resource Credit, also imposed 10 per cent administrative fees based on the $1.55 million amount rather than the actual principal sum, a High Court judge exclaimed in his judgment on Friday (July 7) as he ruled in favour of the borrower, Ms Ang Ai Tee.
As the most-established money lenders in Singapore, we are well-versed in market trends, fluctuations and legal processes surrounding all money lending options which has enabled us to provide innovative solutions, offering a fast-turnaround and a flexible loan option that has always ensures our customers a very affordable yet manageable low interest cash loan solution that is quickly approved and disbursed within an hour.