Recently, we see moneylenders taking advantage of technology. They use online platforms where the borrowers can fill out the required information within their registered website address. Among the important information that is needed in the form:

  • Full name
  • Birthdate
  • Personal Identification Number
  • Nationality
  • Residential Address
  • Contact Information: e-mail address and phone number
  • Loan Amount

Surety to the loan must be included if needed. This involves stating the person(s) who will guarantee to pay back your loan if in case you failed for your repayments.

Other documents may include:

  • Identity or proof of verification
  • Appointment letter from the office
  • Proof of residency
  • Payslips
  • Utility bills
  • Income tax statements

For foreigners, you may be asked to provide the following documents:

  • Passport
  • Original copy of employment pass or work permit passport
  • Proof of employment e.g. a company or staff pass, appointment letter and payslip
  • Copy of your tenancy agreement or proof of residency
  • Appointment letter coming from your employer
  • Bank Statements