Sands Credit Moneylender ReviewsLicence No: 143/2017
Last updated on: October 25, 2017
Sands Credit is a professional licensed moneylender in Singapore who offers financial solutions for those with money issues or require a little something extra to tide them over a particularly difficult period.
Dont waste your time borrowing from them. Dont even try! Female credit assesor has problems communicating in English. An FT perhaps! Loan was disbursed with a monthly repayment basis. When loan is fully settled even though there is a hiccup, I negotiated and inform them beforehand. Still they give you bad remarks affecting your chance of borrowing from others.
Snide and lethargic attitude towards a legit borrower despite clear evidence of means and discipline to repay. Loan offer amount limited to a pathetic 500SGD for a (pilot marine officer) cadet scholarship allowance-income of $1200SGD.
$500SGD was a superficial nominal amount, from which $50SGD would be immediately deducted as "application fee". Effective loan offered was only $450SGD.
Maximum repayment duration was fixed at 1 month, with 4.5% interest levied on 500SGD instead of 450SGD - dishonest tactic to double-charge and disguise 10% of the excessive (illegal) effective interest of 14.5% as "application fee".
Female counter staff displayed attitude and facial expressions of contempt and indifference, image of parasitic office clerk who is just paid a salary from debtor's interest but can't be bothered to do decent work and bring in business. This moneylender deserves to go out of business and have its unit replaced by a proper contributor to the economy.
Bad deal! Never borrow from them. Nice at first but will harass you everyday when you owe them. I paid many times the money I borrowed.
Called them before i went down and on the phone i have explain very clearly to them as i told them i don wan go down and ended up a wasted trip. upon reaching there, they scan me and check and i don have any other outstanding loan but i have enquire a few before them but the loan was not to my satisfactory thus i did not take up. after finish checking they told me only give me weekly despite my pay is 3k and i reject them stght and went to 1133 and they offfer me 1500 with interest lowest u could find in the whole amk
First I approach them the loan officer look at my credit record and advise me don't borrow anymore and refer me to debt counseling by church. In the end I manage to quit gamble and pay off all my debts with other banks. Really thank you
They make me ok deal. I will borrow again.
They nice in beginning but as soon as I sign loan harass me every day for payment. They take many time more than I borrow. Bad deal.