We don’t really need a list of reasons why you want to get a loan. People get personal loans for so many reasons, but commonly, they want to cover the unexpected expenses that occurred. Typically, a person gets a cash advance on their paycheck for bill payment or just for a gift to a friend. Sometimes, they just want to have extra cash on their pocket in preparation for rainy days. Whatever reason it may be, payday loans are not only very helpful for people who need money, but also the fastest way to have extra money as well unlike a typical bank loan that might take days or even weeks. As long as you have a job and is staying in Singapore, you will be able to get a loan from moneylender. The whole process is fast and you will usually get your cash on the same day. One big edge of applying a loan is that licensed money lender usually will not care about your credit report. Even if you had a bankruptcy record in the past, or have no credit, you can still be qualified for a personal loan.