Secured Cash Loans Up To $200,000 For HDB & Private Property Sellers!

[a1plannerspl]

Plagued by insurmountable credit card bills? Saddled by stock losses? Do you need cash to solve some personal problems fast?

A1 Planners Pte Ltd has just the solution for you!

We can structure secured cash loans up to $200,000 for HDB and private property sellers.*

Just bring along the relevant property sales documents, a photocopy of your NRIC and your proof of income. It’s that unbelievably simple!

So what are you waiting for? Call Zeng 正 – Your Friendly Loans Manager at +65 9450 1726 today for a non-obligatory appointment today!


*Terms & Conditions Apply.
Consumers are strongly advised to borrow within their repayment means.
Please note that A1 Planners Pte Ltd is not affiliated with any local Real Estate Agency.
A1 Planners Pte Ltd (Lic No 94/2011) is a licensed moneylender located at 756 Upper Serangoon Road, #04-22, Upper Serangoon Shopping Centre, Singapore 534626.
Nearest MRT Stations: Serangoon or Kovan.
[FONT='Arial','sans-serif']Available buses: 80, 81, 101, 107, 136, 153[/font]

[Regulators]

Bloody loan shark disguising as a legal money lender...poooi!!! pooi!!! pooi!!!

[ikan bilis]

(BizTimes) Published October 14, 2011

Tougher rules for moneylenders from next month
Curbs placed on form and content of advertisements; new licensing conditions imposed

By KELLY TAY


ALL 260 licensed moneylenders in Singapore will soon have to abide by more stringent advertising and marketing rules, alongside tighter licence conditions.


Senior Parliamentary Secretary for Law Sim Ann yesterday announced that with effect from Nov 1, licensed moneylenders would be allowed to advertise through only three channels - their websites; on their premises; and business or consumer directories.
This means that all other marketing channels - such as newspapers, pamphlets, short service message (SMS), and e-mail - is prohibited.

Marketing materials must also state the moneylender's business name and licence number, and cannot have any information that cannot be verified - which precludes catchphrases such as 'instant approval' and 'highest loan approval rate'.

The changes come just after restrictions on advertising were lifted in 2009. However, Ms Sim observed that since then, high levels of marketing have occurred. 'This brings about another concern, which is that with excessive advertising, (this) may inadvertently encourage borrowers to borrow beyond their means to repay, or to encourage a reckless borrowing culture. This is not what we wish to see.'

In addition to these measures, the Registry of Moneylenders, a division of the Insolvency & Public Trustee's Office (IPTO), yesterday announced new conditions for the grant of a moneylender's licence.

Moneylenders will now be required to subscribe to a telephone land line for use as their business contact number. Furthermore, licensed moneylenders cannot obtain from borrowers their confidential passwords, including their SingPass and Internet banking passwords.

BT understands that regular checks on licensees will continue, so as to ensure that players are within the bounds of existing rules and regulations. If found to be in breach of any of these new measures, a moneylender may have his or her licence revoked or suspended, or be fined up to $20,000.

David Poh, president of the Moneylender's Association of Singapore, which represents 150 businesses, said that the measures were 'certainly welcome' as some other practitioners had been placing 'misleading and irresponsible' advertisements.
'If all licensed moneylenders had been more careful in their actions, the IPTO would not have had to tighten the existing rules,' he said.

[Regulators]

Licensed money lenders can be loan sharks with a license to lend, don't be fooled. They employ loan sharking tactics and even threats when they dint get money back, be very careful.

[devilplate]

Licensed money lenders can be loan sharks with a license to lend, don't be fooled. They employ loan sharking tactics and even threats when they dint get money back, be very careful.

Banks also mah

No money to pay mortgage installment, jus foreclose ur ppty

[Allthepies]

does it means that he is not allowed to post here from nov 1st...hee hee heee

[hopeful]

does it means that he is not allowed to post here from nov 1st...hee hee heee

he is not allowed to.
But his "friend" will post for him, using different nick.

[howgozit]

How to completely eradicate loan sharks...? Impossible... if there is a demand then there will always be supply.

[marktkt22]

Compared to a bank, loan sharks r worst

[hopeful]

Compared to a bank, loan sharks r worst

why u say loan sharks are the worst? you dont think they are kind of pitiful?

1) Lend money, get reported, lose money and go to jail. The borrower happy2 keep the loan.

Previously mentioned, Basic is like loan shark.
BJ21 is the bank. People happily give money to the bank.