Things seems gone quiet after the authorities banned these legal moneylenders to advertise on newspaper, tv and SMS.
They explore other way by acting on existing customers. Simply asking them to collect some statements and even telling them for their current promotion.
These group of customers are already the foundation of their business.
There are still new customers though but a lot of marketing gimmick is no longer available to lure them into their business.
In the nutshell, people who are new to borrow from them is now spreading all over and even the market,
No matter what, these loanshark can still advertisement on the website which 2 of the best known moneylenders are doing all along.
Yes they have the lowest monthly interest in the market but please include the acceptance fee which is now stablize at 20% of your loan amount. So it is actually the minimium 20% interest aka acceptance fee u have to pay even when they claim 0% interest when u repay in 7 to 14 days. .
