How old do you have to be take out a Personal loan?

Personal loans are a great way to get money when you need it. There are some restrictions however on who can get a loan and who is going to be approved. Most payday loans do not use your credit score when it comes to approval but rather they use a simple fee that is applied to all loans rather than a specific loan rate.

This means that even if you have poor credit, you can get a payday loan. You do have to be at least 18 however to get approved for a payday loan and you have to have a job. Most lenders are going to require a paystub to prove that you are currently employed. Money lending is a great way to get an advance on funds when you need it.

For those that do want a payday loan, you should take the time to find a reliable licensed money lender singapore that is going to give you the loan that you need. In most cases, licensed money lenders are going to charge a specific fee to every loan, no matter what the loan amount is. Payday loans are a fast and simple way to get the money you need quickly and easily without having to go through a bank or through traditional lending agencies and lenders.