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2. Unregulated: Unregistered lenders are not regulated by the government and they do not report their transactions to authorized credit agencies. It becomes difficult to find a course of redress if there are problems with your transactions.
Many loan sharks do not follow legal protocols and do not have the required licenses to operate. They have no legal records and are not bound by any legal agreement. So if you are a borrower with a bad credit history, you will still not be able to improve on your credit image even if you pay them on time.
Get a loan from licensed moneylenders and compare them first on www.compareloan.sg
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Article 2: WHY MORTGAGE INDUSTRY PROFESSIONALS NEED EDUCATED SIGNING AGENTS.
SignStampDeliver is the solution to the many risk being run by Mortgage Industry professionals such as Escrow/ Title officers, Mortgage brokers and/or Loan officers, Real Estate agents.
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