You should be aware of a few things before considering borrowing money from a legitimate, licensed moneylender in Singapore. Make sure, first and foremost, that the moneylender you are working with is legitimate and authorised, such as Aero Credit Ptd Ltd. Second, be specific about the purpose of the loan and the interest rate you're willing to accept. Because they take on more risk when giving out their money, legally licensed moneylenders can demand higher rates than other lending organisations.