Licensed Money Lender Personal Loan Telok Blangah

With over 700 years of history, Telok Blangah is immortalised in one tale—in 1299, this is where Sang Nilai Utama cast his crown into the waters of the bay to quell a dangerous storm. 

Today, the area hosts a 4-hour heritage walk that extends from the bay and passes through several key historical landmarks. This includes the Marang Graves, Bukit Kasita and the Church of St Teresa. 

Nature enthusiasts will find solace in Telok Blangah’s parks and reserves, including Telok Blangah Hill Park. The lush greenery and panoramic views make it an idyllic destination for those who enjoy the great outdoors. 

For a diverse array of shopping and culinary experiences, head over to Telok Blangah Mall or VivoCity, the largest mall in Singapore. 

Telok Blangah is well-connected by road and public transportation. Telok Blangah MRT station serves the area, providing convenient access to the broader MRT system. 

To visit the Quick Loan office, take the MRT from Telok Blangah station along the East-West line. Alight at Tanjong Pagar MRT station and take a brief walk to reach our office—we are ready to assist with our range of affordable and hassle-free loans.

Secured vs Unsecured Loans in Singapore

To make an informed borrowing decision, it’s vital to know the difference between a secured and unsecured loan. Let’s explore the differences between these two loan types and examples for each.

Secured Loan

For a secured loan, the borrower must provide one of their assets, like a car or house, as a form of guarantee for the loan. This asset is what’s known as collateral, which acts as security for the lender. 

If you default on a secured loan, the lender has the right to seize your collateral to cover the losses incurred by your inability to pay off the loan. 

Secured loans usually have longer repayment periods than unsecured loans.

Examples of Secured Loans

1. Car Loan

When you take out a loan to purchase a new car, that vehicle becomes collateral in your secured loan. Your lender can seize your car if you cannot fulfil your debt obligations. 

2. Home/Property Loan

Your house or other property is pledged as collateral towards the loan. If you default on the property loan, your lender has the right to seize your collateral.

Unsecured Loan

Unsecured loans do not require any collateral—they are typically granted based on a borrower’s overall creditworthiness. 

While there is no risk of having your assets seized, defaulting on an unsecured loan can result in damaged credit scores or legal action taken by creditors.

Unsecured loans also have shorter repayment periods.

Examples of Unsecured Loans

Personal loans, credit card consolidation loans and education loans are just a few examples of unsecured loans available in Singapore.

All these loans do not require collateral and typically do not require a guarantor.

Quick Loan: Unsecured Loans for Every Need

Licensed moneylenders like Quick Loan offer a range of unsecured loan options for different financial concerns.

Our loans come with affordable interest rates and flexible repayment terms that can be customised to meet your specific needs. Without the need for collateral, our application and disbursement processes are speedy and streamlined, allowing you to access your funds within the same day.

Experience financial support with peace of mind at Quick Loan.

Quick Loan: Reliable Licensed Moneylender Easily Accessible From Telok Blangah

As Singapore’s best licensed moneylender, Quick Loan is dedicated to providing accessible financial support to citizens, PRs and foreigners nationwide.

Easily accessible from Telok Blangah by train, bus or taxi, we welcome walk-in visitors seeking assistance with their financial concerns. Quick Loan offers a selection of flexible and cost-effective loan plans that can be customised to best suit your situation.

Furthermore, our loan application process is quick and easy. You can opt for our online submission system or visit the Quick Loan office.

Count on Us for Accessible and Reliable Loan Services

• Conveniently accessible from Telok Blangah
• Loans are customisable according to your unique needs
• Enjoy affordable interest rates and flexible repayment plans for all loans
• Join the ranks of over 20,000 satisfied clients who have chosen Quick Loan

Important Reminders for Borrowers

• For individual loans, you may apply for loans up to 6x your monthly income
• Your company must be incorporated in Singapore in order to apply for a business loan