Important Notes:

Hereinafter in this document, the visitors to the website will be referred to as “You” and Advance Cash Credit Pte. Ltd. will be referred to as the “Company”.

Terms and Conditions

Please read through these contractual terms and conditions carefully. By accessing this website and any other pages contained therein, you allow yourself to be bounded by the following terms and conditions. If you are below the age of 18 and/or disagree to them, please exit from this website immediately.

If you have applied the loan through our online portal , the email and/or contact number will form the main communication between you and the Company. Any information provided to the Company will be kept private and confidential. The Company will not share, or sell, or utilize your personal particulars for any other purposes besides loan approval. The Company may record and/or monitor phone conversations for service quality and training purposes. In addition, the Company will use your information for research, assessment, credit and/or behavior scoring, market and product analysis for your loan approval.

Credit Check and Fraud Prevention

In respect to your loan application, your information that is received by the Company via email, online loan application form, telephone/fax will be stored and processed. The Company will, at its own discretion, use this information to carry out checks with credit reference companies (CRC), fraud prevention authorities (FPA) and other moneylenders you have formerly have dealings with or have taken loans from.

Such due diligence checks are conducted to verify and ascertain your credit standing as well as to understand how you have managed your account(s) in the past. Information which the Company will consider includes, but is not limited to, your transaction history with banks, financial institutions and moneylenders.

Once this check is completed, this search history will be recorded in your credit records, which may be seen by other financial institutions. The CRC may also supply such credit and fraud prevention information to the public.

Since CRC and FPA are other independent organisations which are not under the Company’s control, the Company does not have the right or control over your personal details and how they will use this information for other purposes.

If you have outstanding defaulted loans with the Company, information about your unpaid loans will be supplied to the CRCs and/or FPA for record purposes. Your bad debt information might be supplied to other organisations to perform checks and to trace your whereabouts and recover debts that you owe. Records of accounts remain on file after they are closed, whether settled by you or defaulted.

After your loan has been approved, the loan details and your personal information will be sent to the CRCs for record purposes. If you borrow and do not repay in full and on time, CRCs will record the outstanding debt. This information may be supplied to other organisations by CRCs, to perform similar checks and to trace your whereabouts and recover debts that you owe. Records of accounts remain on file after they are closed, whether fully repaid or defaulted.

The Company retains the right to edit, and remove some of the contractual terms without prior notice and to share such information with CRCs, FPAs and other organizations when you agree to take up a loan with the Company.

When you apply for a product or service that the Company provides, you undertake that all details supplied and accurate and complete. You undertake that you give permission to the Company to secure information such as your credit background and your personal information.

You undertake to notify the Company promptly in the situation where any information is inaccurate or is amended in anyway before or after loan approval or while the loan amount is outstanding. The Company will make the necessary amendments. Additionally you confirmed that you are a discharged bankrupt and there are no legal proceedings or statutory demands imposed on you.

If the information given is fraudulent, the Company will then pass the fraudulent information to the FPA. Law enforcement agencies may then utilize this information in their investigation.

Individual’s Right to Own Personal Information

Having provided your personal details to the Company, you reserve the right to be aware of the information the Company is retaining about you and to which parties such information has been shared.

If you would like to opt out of the Company’s data storage policy or to delete your data after you have submitted an online loan application, please write in to the Company. These services are provided free of charge by the Company. The Company will comply with your request and reply you by 7 days by email.

Our Email: advancecashcredit@gmail.com

Loan Services and Packages

The loan package offered by the Company are designed and named as such to provide repayment flexibility, comparative interest rates and easy categorization to your different needs.

The interest rates chargeable and loan amount disbursed are based on a person’s salary and also laws set by the Ministry of Law. The company reserves the right to alter and offer a different loan amount and repayment schedule to the applicant. For more information about interest rate and loan amount an individual can borrow, please visit www.ipto.gov.sg.

Recovery of Debt

Applicant are advisable to inform The Company their difficulty in repaying the loan amount before the due dates. The Company will take legal action or engage debt collecting companies licensed by the Registry of Moneylenders to recover the unpaid loan.

The Company does not take responsibility and is indemnified against all claims, suits, demands, damages, liabilities or costs that surface directly or indirectly due to debt collection by third party debt collection company. If you are not agreeable to this term, do not take up a loan with the Company.

Intellectual Property Rights

All logo and materials in this website are trademark of The Company. They may not be used, copied or reproduced in any manner without written permission from the Company.

Third Party Companies

The abbreviations used in this contractual agreement refer to third party companies.