Β Licensed moneylenders in Singapore are now allowed to disclose borrower information to a broader range of third parties, following recent amendments to the law. These changes enable licensed moneylenders to conduct more comprehensive credit checks on loan applicants. Specifically, they are now permitted to share borrower information with a prescribed list of credit bureaus, [...]
In the dynamic world of Singapore's economy, the journey to financial security is often fraught with risks, including the threat of loan sharks. These unlicensed lenders prey on the vulnerable with high interest rates and aggressive recovery tactics. Avis Credit stands in stark contrast as a licensed moneylenderβa safe and legal alternative for your borrowing [...]
cash and card payment with chip and pin machine in shop. Singapore is undoubtedly one of the most progressive countries in the world, and the financial industry is one of its biggest contributors. With an influx of tourists and expats in the Lion City, finding a reliable money changer is a must. A [...]
Are you looking for a reliable and reputable money changer in Toa Payoh to get a personal loan? Then you have come to the right place. Toa Payoh is one of the bustling towns in Singapore, known for its vibrant street markets, hawker centres, and shopping malls. It is also home to some of the [...]
Whether you're applying for a personal loan, student loan, or mortgage, the process can be daunting. There are so many factors that lenders consider when deciding to approve or deny your loan application. One of those factors is your credit history. In Singapore, lenders use a central financial database called the Moneylenders Credit Bureau (MLCB). [...]
The modern financial world is witnessing rapid changes with the introduction of numerous technologies and methodologies. Among them, one term that is gaining prominence, especially in the credit industry, is "MLCB" or Multi-Level Credit Bureau. For users of Avis Credit, understanding MLCB can provide deeper insights into their financial health and the credit industry as [...]
Buying a new property can be an exciting time in your life, but sometimes funding may not be available yet until you sell your current home. In cases like this, bridging loans in Singapore are an excellent solution to ensure that you have enough funds to cover your new property's purchase. This article provides you [...]
MLCB Singapore is a term that might seem unfamiliar to most people. However, if you're looking to obtain a credit facility from reputable institutions, such as AVIS Credit, it's essential to understand what it means. In this article, we will break down MLCB Singapore and how it affects your credit standing. What is MLCB Singapore? [...]
If you're traveling abroad, you'll likely need to exchange your local currency for foreign currency. One area in Singapore that offers numerous foreign currency exchange options is Toa Payoh. You'll find a range of money changers in this neighborhood, making it easy to exchange your money for your chosen currency. And if you're looking for [...]
Your credit score is a reflection of your creditworthiness. It is the single most important factor used to determine whether you qualify for loans, credit cards or even a mortgage. A high credit score can enable you to obtain better loan rates and access to more favorable credit terms. Conversely, a low credit score can [...]
