Hi,
I'm in need of cash now, does anyone knows if there's anywhere in Singapore that offers low interest loan for low income people? I need SGD8K to settle some outstanding bills urgently!
I tried searching for a low interest loan and emailed several people who are mostly located in Nigeria.The most ridiculous thing is that I have to pay some collateral fee of about $300 before getting the loan. The best part is that they will produce some sort of dodgy certificate and sometimes even their passport to prove the otherwise shadey deal to be legit. But think about it, who uses a yahoo account to offer loans and claims to be coming from a legal financial institution?
Therefore, Please beware of lenders from other countries. Those so called "low interest loans" are likely to be scams! Trust your local loans instead =]