Address:10 Anson Road, #01-07 International Plaza, Singapore 079903
Phone:+65 6221 1811
First time I had urgent matters to settle so after much thought and consideration. I went to search online for personal loans companies. I found out about Credit 21. I double checked whether they are really licensed Moneylenders approved by the Singapore government since some companies are blacklisted and later they rename themselves and change locations.Even though this company is licensed, their debt collectors are rude, threatening and generally behave like ah longs.
This was the first time, I took money from a moneylender. Being new and naive, I approached Credit 21 based on the "good" reviews in internet. I took a 5 installment loan. This is what i have to pay back every month: installment plus interest, plus late payment of $60 every month. The lady in the office mentioned I have to pay late payment fee every month because the loan is actually meant to be paid back in one month but since I cannot pay back in one month they have to charge late fees. I asked is this normal and the lady said yes. The next day, I went to another moneylender in Jurong West. I went to another lender because the amount given was not enough so I took a second, smaller amount. The guy who served me offered me 3 monthly installments. With the second lender this is no late fee, I am only charged a late fee if I miss the deadline.With this new information, I called the lady at Credit 21 and asked her why the office charging me late fees when the installments are not late. Credit 21 replied, "You signed the agreement and you have so you have to to follow it. This is what our office is charging. If you are not happy you can speak with the boss or pay back the entire sum in one month." Don't support this company, let them survive by eating their words. I will never recommend Credit 21 to anyone.
Great staff and service, also willing to work on a repayment plan to solve my financial needs. Thank you!
One of the few moneylenders that offer large loans.
I was late for a day with my loan repayment because I had too much work. The next morning I received a call from a guy speaking in a very ah beng-ish tone: "I am calling from Credit 21. Your payment one day late. Got late payment. You do want pay ah?" I was shocked and I asked his name but he just insisted me to pay up with late fee of $60 and he ended the call with "watch out!". I made my payment after that.
The following days, I received harassing phone calls from a guy named Deon who kept pestering me to make payments for my loan. When I told him that I already paid, he said that now the late fees are up to $800. I refused to pay of course. Now I am told by Deon that the interest on the late repayment totals $1200. I lodged a police report with regards to the matter. Now I am wondering whether or not this compay is really a legally licensed moneylender that has agreements with ah longs.