|
|
|
Real Estate News Releases
|
(EMAILWIRE.COM, February 06, 2012 ) Singapore -- The new laws, in place since November 1, 2011 place heavy advertising restrictions on moneylenders there. It seems the moneylenders are still able to advertise using online media however which fits perfectly into SGLoanBook.comÂ’s plans. SGLoanBook (http://sgloanbook.com/) offers moneylenders a way to advertise personal loans to the public without breaking the new laws.
“It was bound to happen sooner or later anyway,” a spokesperson from the company said today. “After all, business around the world is moving in droves to the Internet. It’s not only cheaper but it’s more effective as well.”
And now is a good time to get involved if you are a moneylender in Singapore. “We only have so many slots available,” the spokesperson said. “It just wouldn’t make sense to confuse our users with too many moneylenders”.
Moneylenders who want to get involved have the option of becoming a featured member, presumably by paying more. The spokesperson is quick to point out that everything is done in the end-users best interest. “We do have featured or premium lenders on our site but they must go through a rigorous qualification process before they are ever approved. This just make sense as it’s in the best interest of the ultimate customer,” the spokesperson also said.
In addition to the moneylender listings, the site also provides free information such as articles and even online calculators. Users can find a loan payment calculator, an effective interest rate calculator and an amortization calculator. “These types of tools help keep the users informed,” the spokesperson said. “And informed users are better for everybody. The make safer money borrowing decisions and they are easier to work with for the lenders.”
About SGLoanBook.com (http://sgloanbook.com/)
SGLoanBook.com is a Singapore based business that provides local moneylenders with the opportunity to advertise to the public without breaking any of the new regulations.
SGloanbook
Jack Bernard
4157329209
contact@sgloanbook.com 
|
|
|
|
Real Estate News by Sector
|
|
|
|
|
