Borrowing can be costly. Be Wise, we recommend you consider borrowing only if you have exhausted all other options.

Be a responsible borrower

• Borrow only what you need and not more.
• If you don’t understand something, call us or your licensed money lender or visit our office
• Make regular, scheduled payments
• If you are having a problem making a payment, let us know earlier or talk to your moneylender right away
• Open all your email and read everything pertaining to your loans
• Keep all your loan documents in a file
• Make a budget and stick to it. Your financial planning will be worth a few sacrifices along the way

Your rights as a borrower

• Before you begin repayment, your licensed money lender holder is required to give you a repayment schedule and detailed information about interest rates, fees, the balance you owe and available repayment options
• You have the right to defer repayment for certain defined periods, if you qualify for a loan
• You may prepay your loans in whole or in part at any time without penalty as indicated in your agreement

Your responsibilities as a borrower

• Your primary responsibility is to repay your loans according to the terms and conditions of your loan agreement
• Our customer service officer will explains in details of the loan agreement before receiving loan funds.
• You must make payments on time, or make other arrangements with us before the due date
• You must notify your money lender if you change your name, address, phone number
• You must notify your money lender if you are unable to make payments for your loan in Singapore