A court fine loan is exactly what it sounds like, a cash advance that you borrow to pay off your fine. Like payday loans, one can easily apply for a court fine loan in Singapore online. This eliminates the need to obtain a court order and personally present it to financial institutions as verification that you are eligible for a loan.
The amount of your court fine loan depends on your fine. Like personal loans, a court fine loan Singapore comes with interest rates. So, when paying back, you calculate the interest amount and pay it together with the original borrowed sum.
Getting a loan can be daunting. There are papers to fill out, questions to answer, and tons of protocols to follow. That’s why i-Credit is here to help. We make the process easy by skipping the long delays you’d experience with banks. All we need you to do is tell us your needs via our application form, and we’ll take it from there. We are MAS approved list of licensed moneylenders.