Categories: Money Tips

Getting Emergency Loan During a Crisis (2016 Update)

Emergency fund during a crisis

Getting Emergency Loan during a Crisis

Emergency cases are inevitable. There are times when we are caught up with sudden needs. Sometimes no matter how strict we are with our finances, some things will blow out unexpectedly.

When Unexpected Things Happen

Some emergency cases may happen any time, which may need you to spend more than what you have prepared. Cases such as your car engine stops working, your faucet is leaking or your fridge failing to work properly.

How about getting unexpected visitors who need to stay at your place for a week or two? What about the unanticipated expenses of your daughter’s school fees?

The worst of all are medical emergencies. When things go wrong unexpectedly, for example someone in your family falls sick or is involve in any form of accidents. Though we do not hope for that to happen, but these things can occur anytime.

When you have to visit your doctor more often or get confined in the hospital for just even a couple of days, it can cost you a lot. The longer you stay or visit the hospital, the more costly the medical bills you will incur. This does not include your prescribed medication that you have to take to get better.

Where to Get an Emergency Loan

If you have to spend more than what you have normally spent, you may be out of your budget. When unexpected or unanticipated expenses happen, you are left with no options but to get some help. You can apply for an emergency loan to any licensed moneylenders.

There are a number of licensed moneylenders you can find online from where you can get an emergency loan. These moneylenders offer you an array of loan schemes and payment options. You can try to gather more information about where or who is the best moneylenders in the market today through searching online or word of the mouth from your closest friends. Be reminded that when you apply for a loan, an interest or charge comes with it. Make sure that you will get the best interest rate. This means getting the lowest interest rate, making it easier for you to pay it.

Stay Away From Loan Sharks

In your search for moneylenders, you may find illegal moneylenders or loan sharks. Do not take up their offer no matter what. You may find yourself falling into a never ending spiral of debts and harassment. You can always find a licensed moneylender who gives a low interest rate and most important of all, it is legal. Some illegal moneylenders may charge an extremely low interest rate to entice you. However their offer is too good to be true. And it is most definitely not at all good for you.


Did something happen at home? Is there a sudden need for cash? You can always contact us! We are open everyday including sunday except for public holiday.

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I will never borrow from loansharks. Ever!
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Singapore Moneylender Review

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