Yes. The licensed moneylenders cater to those individuals with no credit history. They can help you in building your credit score. It may be a lower loan offer for now than with a good credit score. Remember, you need to be a responsible borrower, repay on time in order that you boost your credit scores.

Again, always remember that in approving or granting a loan, a licensed money lender must meet its borrower on its physical business address.