The Best Licensed Money Lenders in Singapore

Discover Singapore’s Best Licensed Money Lenders

Securing Fast and Easy Personal Loans with Trusted Licensed Money Lenders

When you need cash fast, finding a trustworthy, reputable, and fair moneylender in Singapore is difficult with 153 registered moneylenders all claiming to be the best. However, our research team done a comprehensive research on your behalf to match you with the best moneylenders.

We help you choose the right moneylender so you can make educated choices and get the money you need. We carefully evaluate and analyse moneylenders to find ones who follow the law and give fair conditions. Our research team can help you get the financing you need without dealing with unlicensed lenders or loan sharks.

A Quick Note:

It’s important to remember that not all money lenders are the best one. There are a few requirements: 

  • The first sign of a reputable money lender is a high proportion of favourable reviews. These reviews are found on numerous websites (e.g. Google Business Reviews). 

  • Moneylenders must have eight years of continuous operation without Minlaw – Registry of Moneylenders licence suspension. 

  • There shouldn’t be overloading of bad reviews on forums, directories, and other sites.

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Terms and Conditions

Only 21 years old and above is eligible for loan application.

To preserve the confidentiality of all information you provide to us we maintain the following Privacy Principles.

By clicking "Submit" and providing your personal data, you consent to our loan providers contacting you via the telephone and email and permitting to do a search on the Credit Association Singapore (CAS) web portal for the loan application purpose.

We only collect personal information that we believe to be relevant and required to understand your financial needs.

We will only use any information collected as minimally as possible, mainly to assist us in customising and delivering loan packages that are of interest to our customers.

We will not make unsolicited requests for customer information through email or the telephone, unless customers initiate contact with us.

We have established strict confidentiality standards for safeguarding information on our customers.

Our loan providers will not use or disclose information collected from you other than for the purpose made known to you, authorised by you or required by the Law.

P.S. Don’t miss this day to get a quick cash loan. 100% Free to Use. By using lender.com.sg – fast loan application form, your data will be quickly processed by our loan matching system to find the best lender that matches your financial needs. Please note that we are not a moneylender or representing a financial institution; we work as an independent loan matching platform.

Get the Best Match of
Fast Personal Loans

within
5
Minutes!

Instant Cash Loan Offers. Apply Now!

Thank you for your interest! As much as we want to extend our help, the loan offers are NOT available for foreigners in Singapore for the time being.

Please come back and check it out again in the future.

Terms and Conditions

Only 21 years old and above is eligible for loan application.

To preserve the confidentiality of all information you provide to us we maintain the following Privacy Principles.

By clicking "Submit" and providing your personal data, you consent to our loan providers contacting you via the telephone and email and permitting to do a search on the Credit Association Singapore (CAS) web portal for the loan application purpose.

We only collect personal information that we believe to be relevant and required to understand your financial needs.

We will only use any information collected as minimally as possible, mainly to assist us in customising and delivering loan packages that are of interest to our customers.

We will not make unsolicited requests for customer information through email or the telephone, unless customers initiate contact with us.

We have established strict confidentiality standards for safeguarding information on our customers.

Our loan providers will not use or disclose information collected from you other than for the purpose made known to you, authorised by you or required by the Law.

P.S. Don’t miss this day to get a quick cash loan. 100% Free to Use. By using our fast loan application form, your data will be quickly processed by our loan matching system to find the best lender that matches your financial needs. Please note that we are not a moneylender or representing a financial institution; we work as an independent loan matching platform.

Top 10 Featured Licensed Money Lenders in Singapore

It’s crucial to engage with trustworthy, respectable licensed money lenders that follow standards and give transparent services while seeking financial aid. 

We choose the best licensed money lenders based on reputation, client reviews, loan alternatives, interest rates, and customer experience. These lenders provide trustworthy personal, commercial, and other loans. 

You can trust our listed legal money lenders to perform ethical lending and provide excellent customer service. They will help you apply for a loan with openness, reasonable conditions, and repayment choices. 

Confidently choose and get financial aid. Explore our top 10 licensed money lenders in Singapore to discover the right partner for your financial needs. 

MInLaw - Licensed Moneylenders Singapore

MoneyPlus Capital

MoneyPlus

Your 24/7 Online Licensed Moneylender in Singapore

MoneyPlus Capital, a trusted licensed money lender in Singapore since 2014 appears to be a promising option for individuals in Singapore facing financial challenges. Their commitment to transparency and customer-centricity, as evidenced by their straightforward terms and personalized solutions, is commendable. Operating under the Ministry of Law regulations provides a sense of security and legitimacy, assuring borrowers of ethical lending practices. The convenient 24-hour availability and diverse loan options cater to various needs and circumstances, making them a flexible choice in times of urgency.

Furthermore, their dedication to community engagement highlights their commitment to social responsibility, setting them apart from traditional financial institutions. By actively supporting the community, MoneyPlus Capital fosters a sense of trust and goodwill, establishing themselves as a reliable partner in achieving financial stability.

The overwhelmingly positive Google reviews with a 5/5 rating from over 500 customers strongly suggests a high level of customer satisfaction. This positive feedback further reinforces their claims of providing excellent service and tailored financial solutions. Their commitment to transparency and ethical practices seems to resonate with their clients, contributing to their strong reputation.

MoneyPlus Capital Singapore Best Licensed Money Lender

Google Reviews

Finn DylannFinn Dylann
05:37 07 Jan 25
Helpful and understanding
Noridah hudNoridah hud
00:40 06 Jan 25
Hassle free, well explained by Tommy! Everything is great, well recommended!!!
WirdaWirda
06:44 04 Jan 25
Good & fast.. thank u Cindy 👍🏻👍🏻👍🏻
Jayyyz NgJayyyz Ng
07:33 28 Dec 24
Clear and straightforward. Upz
Emily O'brienEmily O'brien
05:08 27 Dec 24
Great experience with Cindy. Understanding and fast transaction.
Good experience keep it up silvester! Fast and swift approval!
Muhammad RidzwanMuhammad Ridzwan
23:52 15 Dec 24
Good services & easy communication
Juliana ShroomJuliana Shroom
06:49 11 Dec 24
Staff's is very friendly and the explanation about term and regulations is cleared. All the process went well and smooth.
Tze Kiat TanTze Kiat Tan
06:03 10 Dec 24
Md AzmiMd Azmi
04:15 10 Dec 24
Good, friendly and professional staff by the name of Cindy. She explained to me in details as i have a bad record. Would highly reccomended Moneyplus Capital. Kudos!
Chris ChiewChris Chiew
05:21 07 Dec 24
Consultant was fast and efficient. Rates are good too during this festive season.
Carol YekCarol Yek
08:34 03 Dec 24
Anandraj RengarajAnandraj Rengaraj
08:28 03 Dec 24
Faiz YusriFaiz Yusri
10:23 02 Dec 24
Staff was friendly and efficient
Erna KurniaErna Kurnia
05:32 02 Dec 24
Staff Ms Cindy, very well explain the procedure to me. Knowledgeable and friendly person. She try her best to understand my situation.Help for the approval and the process was fast and easy. I'll strongly recommend for those who in need. Thank you Ms Cindy.
Angus ChowAngus Chow
05:36 19 Nov 24
Patient n Good attitude . . Explain very clearly . .
Matt RilekzMatt Rilekz
09:31 18 Nov 24
Fast efficient
Anthony CheongAnthony Cheong
08:39 15 Nov 24
Hazel WongHazel Wong
05:35 14 Nov 24
Good service and fast!
miki ngaimiki ngai
11:49 08 Nov 24
Nice environment with nice people. Well explained, very detailed. Excellent service. Thank u..Money plus
WinnieWinnie
11:20 08 Nov 24
Great interaction and transaction with Silvester. Helped me through the entire session. Was very thorough and specific. Thank you for helping me out!
Nuramira SamadNuramira Samad
10:02 07 Nov 24
Thanks to Cindy for helping and understand the situation for any circumstances. Smooth transaction, and yes this is the second time i took loan. Great service, and she will explain to you things that you don’t understand. ☺️
Muthu SivajiMuthu Sivaji
07:47 04 Nov 24
Muhamad Nazrin 957AMuhamad Nazrin 957A
05:16 02 Nov 24
The staff handle all the customer queries professionallyExplained the process thoroughlyExcellent service
Claudia LeeClaudia Lee
06:40 01 Nov 24
Excellent service, clear on repayment terms. Fast and smooth process. Second time taking loan with them. Would recommend to anyone that need urgent funds.
Raimi SyukriRaimi Syukri
04:41 30 Oct 24
Staff was friendly and explain very clearly.Very well recommended by everyone .
Junaidi RamlanJunaidi Ramlan
03:33 30 Oct 24
Helping Emergency needs and explain in detail Thanks for the Help!
Alex NeoAlex Neo
05:43 29 Oct 24
Moneyplus Capital staff is very helpful and professional... They are one of the lowest interest moneylender with 6-12months repayment options.
Vivianti NgVivianti Ng
04:24 28 Oct 24
Excellent service, clear explanation and friendly.
NWBNWB
07:15 25 Oct 24
Trustable, efficient. Highly recommended!!
Joseph SohJoseph Soh
10:45 04 Oct 24
Sylvester was very sincere in helping and gave solid and sound advice. He made the process smooth and was very clear and detailed. Great company!
Chandra SegaranChandra Segaran
04:55 17 Sep 24
I very pleased with Ms Cindy Customer Service,handing with a lot patience and support through the loan process. She was very helpful and kind in the same time .
Roy ZhenmingRoy Zhenming
09:22 16 Sep 24
Highly RecommendedI recently worked with Cindy to secure a loan, and I must say the experience was exceptional. Cindy was incredibly helpful and handled everything with impressive speed and efficiency. She provided clear communication throughout the entire process and ensured that I understood every step along the way.Her professionalism, attention to detail, and customer service exceeded my expectations. I highly recommend Cindy for anyone seeking loan services. Thank you for making the process smooth and stress-free!
Ben WeeBen Wee
07:53 07 Aug 24
Staff is professional and handled my queries well. I must say the process was swift, genuine & these guys know how to address the situation at hand. Surely they don't appear thug like or aggressive. Recommended should you need their services.
Rahat RahmanRahat Rahman
07:54 19 Jul 24
Sylvester was extremely helpful talking to me about my needs and wants. He was very patient throughout the application process. 10/10 would recommend!
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MoneyPlus Capital Singapore Best Licensed Money Lender

Overall, MoneyPlus Capital presents itself as a viable option for individuals seeking financial assistance in Singapore. Their emphasis on transparency, customer-centricity, and community engagement, coupled with overwhelmingly positive reviews, suggests a commitment to responsible lending practices and customer satisfaction.

Loan Offers by MoneyPlus

  • Fast and Easy Approval Personal Loan
  • Fast Payday Loan
  • Bad Credit Loan
  • Fast and Urgent Cash Loan
  • Debt Consolidation Loan
  • Wedding Loan
  • Medical Loan
  • Travel Loan
  • Bridging Loan

MoneyPlus Capital (Singapore) Contact Details

  • Business Name: MoneyPlus Capital Pte. Ltd.
  • Moneylender License Number : 23/2024
  • Address : 371 Beach Rd, #01-03 City Gate, Singapore 199597
  • Telephone : +65 6591 8860
  • Website : https://www.moneyplus.com.sg/

Singapore’s Fastest-Growing Micro Financing Company

Crawfort Finance, Singapore’s fastest-growing microfinance enterprise, has revolutionised lending with its speed and efficiency. Crawfort Finance’s algorithm can approve personal loans in 8 minutes, a Singapore record.

It is one of the country most reputable money lenders, under the Registry of Moneylenders – Ministry of Law, assuring compliance with all laws and regulations. They follow ethical lending practises. This reliable lender provides reasonable moneylending to Singaporeans and permanent residents.

Crawfort Finance offers competitive rates and a variety of credit packages. Their products are customised to debtors’ financial requirements. Crawfort Finance’s 4.8 out of 5 rating from over 1.7K client reviews reflects their excellent customer service. The good rating shows their dedication to meeting customer demands and providing a great borrowing experience.

This licensed moneylender boasts an 8-minute online personal loan application. They have streamlined the lending procedure by digitising it. Borrowers may get their application status within an hour whether they apply online or in person. Borrowers get their monies quickly because of the simple method.

Crawfort Finance, Singapore’s fastest-growing microfinance firm, offers an unrivalled borrowing experience. Fast-loan seekers trust them because of their quickness, compliance, affordability, customer service, and efficiency.

Crawfort Singapore Best Licensed Money Lender
Crawfort Singapore Best Customer Service

Google Reviews

All staff here is very friendly. Was served by officer Brandon today. Got a loan increase from him and comfortable loan repayment period. They working on holiday eve too. Kudos to Crawfort
Md Fasli MYMd Fasli MY
12:15 30 Dec 24
Enid is very helpful in getting me the loan. Was very professional and very transparent. Will recommend friends to this financial entity.
IamWhoIam shhhIamWhoIam shhh
11:07 28 Dec 24
New customer here today. Was served by officer Brandon today. Very satisfied with the service provided here. The environment here is very clean and have some decorations as well. Thanks Crawfort and Brandon
Agus FaizalAgus Faizal
09:58 28 Dec 24
Loans here are much more tolerable as staff here can help you with your request. Was served by Loan officer Brandon today. Pleased with his help and the front counter help for the loan. Lesser waiting time compared to previous time today. Thanks Crawfort
Muhammad aliffMuhammad aliff
05:09 28 Dec 24
New customer here today. Was served by loan officer Brandon. Was pleasant experience with him with the way he explain the terms and condition to me. Nothing is hidden here. All very clear and comfordable amount to repay. Thanks to Brandon today
Rahim MrRahim Mr
09:30 26 Dec 24
Regular customer here. Very satisfied with the service provided by mr Brandon today. Very clear and well spoken officer. Well done to him and the staff here. Very lovely environment and staff here as well
Senthil KumaranSenthil Kumaran
04:47 26 Dec 24
This my second time back here. The service is great. The process is fast too. Was served by Mr roy. Thank you so much. Very professional and very friendly person. Highly recommended!
Nur Fatin SuainiNur Fatin Suaini
05:09 24 Dec 24
Good service by Officer Brandon today. All the loan here comfortable and useful. Thanks to all the staff here. Good Environment. Merry Christmas
Yong Kang YatYong Kang Yat
09:16 14 Dec 24
this is my first time at crawfort. its fast and easy with the help of officer roy. very friendly and professional. great job and will come back again thank you
HannaHanna
04:42 13 Dec 24
Attended by Enid, thanks for the excellent and good service. She's friendly and helpful throughout my loan procees Thank you for the help.
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Crawfort Singapore Best Licensed Money Lender
Crawfort Singapore Best Customer Service

Its popularity in Singapore is due to user ease. Crawfort has a well-trained staff. Professional and courteous personnel. Each process will be explained. Thus, this company’s personal loan application is a click away! Because of this, its customers come from all walks of life. Crawfort offers rapid cash without tight restrictions and limits to anyone with poor credit or who need money immediately. 

Singapore Prestige Brand Gold Awards 2019

Crawfort aspires to be a trusted brand in Singapore known for viable financial solutions for individuals faced with limited credit access. In 2019, they have earned a spot on the list of Singapore Prestige Brand Awards 2019. At Crawfort, it offers the most comprehensive types of personal loans in Singapore.

Loan Offers by Crawfort

  • Easy Personal Loan
  • Low Incomer Loan
  • Fast Cash Advance
  • Fast Payday Loan
  • Bad Credit Loan
  • Monthly Installment Loans
  • Short Terms Weekly Loan
  • Debt Consolidation Loan
  • Bridging Loan
  • Wedding Loan
  • Renovation Loan
  • SME Business Loan

Crawfort (Singapore) Contact Details

  • Business Name: Crawfort Pte. Ltd.
  • Moneylender License Number : 88/2024
  • Address : 1, North Bridge Road, #01-35, High Street Centre, Singapore 179094
  • Telephone : 67778080
  • Website : https://www.crawfort.com/sg

Monetium Credit

Monetium Credit, one of Singapore’s top ten licensed money lenders, is trusted and customer-focused. Monetium Credit is noted for its flexibility, openness, swiftness, and efficiency.

It has 4.8-star rating from hundreds of customer reviews in Google Business Profile. Monetium Credit’s many satisfied customers earned this great rating. It shows their dedication to client service and financial demands. It has eight service counters for convenience. This reduces wait times and ensures consumers get financial help quickly. Digital technology is used to speed procedures and improve customer experience. 

It strives to make consumers feel at home. Clients may relax and enjoy free food and beverages in their lounge. Monetium Credit’s focus on client comfort reinforces its dedication to personalised service.

Loan Offers

  • Personal Loans
  • Payday Loan
  • Business Loan
  • Lifestyle Loan
  • Home Renovation Loan
  • Debt Consolidation Loan

Contact Details

  • Business Name: Monetium Credit (S) Pte. Ltd.
  • Moneylender License Number: 148 /2022 
  • Address: 10, Jalan Besar, #01-01, Sim Lim Tower, Singapore 208787
  • Telephone:6777 7775
  • Website: http://www.monetiumcredit.com.sg

Google Reviews

Emily NgEmily Ng
05:30 22 Nov 24
Efficient and friendly service
dave limdave lim
03:51 20 Nov 24
Sir was Very helpful and approachable. Recommended!
Seah Kim HockSeah Kim Hock
06:20 10 Nov 24
Good
STEVEN SIAHSTEVEN SIAH
02:49 10 Nov 24
Good SERVIC
Grace ChongGrace Chong
10:38 07 Nov 24
Swift process & very convenient
Liani LianiLiani Liani
05:51 07 Nov 24
Claire LimClaire Lim
10:00 22 Oct 24
They have a really classy dark theme websites with posh feeling but lacking with lending bee!! On website got put can fill up via “myinfo” but once pressed nothing!! Dummy button only??? So not user friendly!! Troublesome for people to apply for loan with them!!!
uncle uncleuncle uncle
03:43 09 Oct 24
Thank you, Miss Xinyi, the service is very good and I will come again.
Sugu MaranSugu Maran
02:53 07 Oct 24
Came to take up a loan... process was very fast... Xin Yee customer service was very good... nice smiling face. Definitely will come again here if I have any needs.
Chong TianChong Tian
07:52 20 Sep 24
Thank you Xin Yee for quick assist .
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Lending Bee

Lending Bee, a subsidiary of Credit 21 Pte Ltd., is a leading licenced moneylender in Singapore. Lending Bee is known for its reliability and customer service.

Lending Bee has a 4.9 rating found in Google Reviews. It has locations in Far East Plaza (Orchard), Toa Payoh, Bedok North, and Jurong East to serve borrowers around the city. This wide presence helps borrowers to easily get financial aid regardless of location. It has several lending choices for borrowers. They provide $100,000 unsecured loans and up to $2 million secured loans. Unsecured loans have a 36-month payback term, giving borrowers additional flexibility.

It prioritises loan application ease as a customer-centric lender. Borrowers may apply online from home or on the move using their simple loan application forms.

Loan Offers

  • Personal Loans
  • Business loans
  • Life stage Financing Loans
  • Education Financing Loans
  • Travel Financing Loans
  • Medical Financing Loans

Contact Details

  • Business Name: Lending Bee Pte. Ltd.
  • Moneylender License Number: 69/2023
  • Address:
    • 14, Scotts Road, #02-44/45, Far East Plaza, Singapore 228213
    • 190, Lorong 6 Toa Payoh, #01-548, Singapore 310190
    • 213, Bedok North Street 1, #01-111, Singapore 460213
    • 135, Jurong Gateway Road, #01-335, Singapore 600135
  • Telephone:6242 8733
  • Website: https://www.lendingbee.com.sg

Google Reviews

Jack ImmortalJack Immortal
07:54 10 Jan 25
Alex MilanAlex Milan
05:25 09 Jan 25
Vivi was great — fast and talked me thru everything
tracy loetracy loe
10:52 08 Jan 25
Khairulnizam JumahatKhairulnizam Jumahat
10:48 08 Jan 25
Customer service was superb. Very efficient. Cater to my needs. Highly recommended.
Calvin SmithCalvin Smith
06:57 08 Jan 25
Good service and fast. Thank you very much.
SanthiSanthi
04:27 02 Jan 25
They are very professional offered good advice and highly knowledgeable
Abyana :DAbyana :D
07:53 28 Dec 24
The process to loan went quickly. Danry helped me understand the terms of the loan and was understanding of my financial needs. Recommended!
Junaidah IshakJunaidah Ishak
09:05 27 Dec 24
Mei Qi nice person
Nick TehNick Teh
07:27 26 Dec 24
Very smooth and quick transaction, ann explained everything in details and very clearly which is quite easy to understand, would definitely recommend.
John LimJohn Lim
07:08 24 Dec 24
Good explanation and service.Served by Derek Chua, friendly and nice.
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Credit Excel Capital

Credit Excel Capital helps borrowers satisfy their financial commitments and support daily business activities. It is a trustworthy moneylender with over a decade in lending industry. Their speedy loan approval ensures applicants get the finances they need quickly. Their low-interest monthly instalment loans are affordable for consumers seeking reasonable repayment solutions. 

It provides financial services to everybody, from Singaporeans to foreigners, through difficult times. Their simple, rapid, and efficient methods make borrowing easy. 

Moreover, Credit Excel Capital’s courteous and knowledgeable personnel are always ready to help with financial needs. 

Loan Offers

  • Personal loan
  • Fast Payday loan
  • Business loan

Contact Details

  • Business Name: Credit Excel Capital Pte. Ltd.
  • Moneylender License Number : 111/2022
  • Address : 192 Waterloo Street#06-03 Skyline Building, Singapore 187966
  • Telephone : 6337005
  • Website : https://quickmoney.sg

Google Reviews

Shahril IsaShahril Isa
22:21 11 Oct 24
Azhiim Abdul WahidAzhiim Abdul Wahid
03:27 23 Sep 24
sunny bongsunny bong
03:34 12 Sep 24
Fast processing and professional credit officer. Thank you.
very fast approve company but will check all about..very genuine just approved S$7000 ...all got black n white not Ali Baba...good
Kannagi KumaranKannagi Kumaran
04:42 12 Oct 21
Ahmad NishamAhmad Nisham
11:15 01 Apr 21
Good service and helpful agencies
Christopher ZhouChristopher Zhou
05:13 17 Jan 19
Credit Excel was indeed trusted money lend company. They loaned me a sum of $7000 sgd when I was urgently seeking for finance help. Guess what, after some documents submitted, it was approved within a day. Despite that, they have provide prompt and unique customer service by explaining details and advise through a polite manner. Nevertheless, the amount loan was a promising service that is not recorded into Credit bureau whereas recorded in private bureau report. Thank you CE !
Y yeY ye
03:24 03 Oct 18
I have been one of their customers for about a year. During this period, I visited Credit Excel several times. They always explained the loan in detail and worked out a comfortable repayment plan. In general, a fantastic experience.
ma pandama panda
09:24 01 Dec 17
Got recommended from a friend to Credit Excel Capital, Applied through via their website online application form and they call me almost instantly, they didn’t turn out to be hooligans or gangsters. Spoke eloquently and are well-mannered. I went down to their office, the application it is so easy and simple! So convenient and Good Service, i like it! Will support in future!
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Credit Hub Capital

Credit Hub Capital is one of Singapore’s top money lenders, with a 4.9-star rating from hundreds customers. Borrowers seeking financial aid appreciate this top-rated firm because of its many features.

Credit Hub Capital wants to simplify the Singapore loan procedure. It offers fantastic tools that make borrowing easier.

Credit Hub Capital offers fast cash in less than an hour, a major benefit. This fast turnaround time helps borrowers with urgent financial circumstances get the funding they need.

Moreover, it recognises the necessity of protecting customers’ personal and financial information. Borrowers may be certain that their privacy is protected by Credit Hub Capital.

Loan Offers:

  • Flexi Personal Loan
  • Quick Payday Loan
  • Debt Consolidation Loan
  • Short-term Business Loan

Contact Details

  • Business Name: Credit Hub Capital Pte. Ltd.
  • Moneylender License Number : 127/2022
  • Address : 190 Middle Road, #10-01A Fortune Centre, Singapore 188979
  • Telephone : 6338 5115
  • Website : https://credithubcapital.sg

Google Reviews

Ram KrishnaRam Krishna
07:10 11 Jan 25
Helpful and faster approved.(ethan) is best
Nivashni NiviNivashni Nivi
08:58 08 Jan 25
Mr Lucas has been very kind and helpful. Everything was clear and understandable on his explanation. Everything was done fast and smooth.
RAJA KUMARRAJA KUMAR
13:05 07 Jan 25
Lucas is good for helping my enquiry, so thank you for his help.
Gary Tan You HaoGary Tan You Hao
05:15 04 Jan 25
Great service and tailored solution for customer!
Thivina VickyThivina Vicky
04:00 04 Jan 25
Janice was provided me a good service with fast approval. Thank you.
Joycee OlorJoycee Olor
08:36 03 Jan 25
Thank you credit hub for helping me process my loan Fast and efficient.
Gaayathri ChandranGaayathri Chandran
11:17 02 Jan 25
Lucas served me well and did his best to help me with the loan
Elaine KhooElaine Khoo
06:31 28 Dec 24
Mr NiceMr Nice
10:12 27 Dec 24
Janice is very nice
Jin Lenard MojicaJin Lenard Mojica
08:43 26 Dec 24
Secured, fast transaction and friendly staff. Aries, the staff who assisted me is very polite and helpful.
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118 Credit (Formerly QV Credit)

118 Credit

118 Credit is one of the best money lenders in SIngapore with reviews of 4.9 rating. This great rating indicates 118 Credit’s strong customer satisfaction and good borrower experiences.

Moreover, it simplifies loan terms. They give simple language so borrowers comprehend their loan arrangements. This simplifies the financing procedure and boosts confidence.

It provides several loan choices to meet various financial demands in addition to their transparency. 118 Credit tailors personal, commercial, and other loans to individual needs. This flexibility allows borrowers to get finances in the best way. Also, they immediately respond to client queries and give loan procedure information. Their great reputation and high customer ratings come from this customer-centric strategy.

Loan Offers

  • Personal loans
  • Renovation Loans
  • Payday Loans 
  • SME Loans 
  • Debt Consolidation

Contact Details

  • Business Name: 1 1 8 Credit Pte. Ltd. Co. 
  • Moneylender License Number : 82/2023
  • Address : Burlington Square, 175A Bencoolen St, #11-08, Singapore 189650
  • Telephone : 6835 7666
  • Email : [email protected]
  • Website : https://118credit.sg/

Google Reviews

Had to take emergency funds to pay back someone. Very understanding
Dushantha PDushantha P
10:33 06 Jan 25
Had to take some emergency cash and was attended to by Ms Jess who was kind and understanding. She was able to explain clearly on the process and also answered my questions diligently. If anyone who wants to take these offers ,please look.for her.
Selena ChanSelena Chan
09:40 06 Jan 25
Very good and pleasant transaction with Justin at 118 Credit. Managed to loan a 2k sgd for personal use. Thank you so much.
Sravan ChowdarySravan Chowdary
04:49 04 Jan 25
Good experience with staffs
yatie nordinyatie nordin
04:26 02 Jan 25
Good service with the friendly staff 👍
Nur FatehaNur Fateha
08:10 23 Dec 24
Justin assisted me and it went smoothly. Knowledgeable and helpful. Thank you.
PaulzkiPaulzki
11:00 20 Dec 24
Very good service and accommodating. Thanks
Nr elieNr elie
11:30 11 Dec 24
The staff was very helpful and clear with the contract No hostile environment was genuinely trying to help
adad
11:06 11 Dec 24
Justin is very helpful and efficient. Had a pleasant experience. Thank you!
Sarah Jane DecepidaSarah Jane Decepida
12:05 03 Dec 24
Jess is very helpful in all the queries and will also briefly explain other options.
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Bugis Credit

Based on Google Reviews, Bugis Credit is Singapore’s most well-rated moneylender. Bugis Credit’s excellent customer service earned this high rating.

Bugis Credit aspires to give the greatest loan experience as a trustworthy moneylender. Its openness is notable. Fair and transparent loan conditions ensure that borrowers understand their loan expenses and payback responsibilities. Transparency fosters trust and lets borrowers make educated financial choices.

Bugis Credit also offers a smooth loan application procedure. Borrowers may get the finances they need quickly thanks to their efficient processes and pleasant employees. The lender prioritises consumer convenience and fast loan approvals and payouts.

Loan Offers

  • Personal loans
  • Business loans
  • Bridging Loan 
  • CPF Personal Loan
  • Foreigner loans
  • Monthly Loan 
  • Payday Loan 
  • Renovation Loan

Contact Details

  • Business Name: Bugis Credit Pte Ltd
  • Moneylender License Number : 27/2023
  • Address : 470 North Bridge Rd, #02-12 Bugis Cube, Singapore 188735
  • Telephone : 6345 9123
  • Email : [email protected]
  • Website : https://www.bugiscredit.sg/

Google Reviews

Nur Suraya Abd KaharNur Suraya Abd Kahar
07:10 12 Jan 25
Very good service especially from the staff, explaining the procedure from A-Z clearly. Really appreciate the thorough help from Miss Luna for the application process!
Hock TungHock Tung
23:36 06 Jan 25
Hemnath LHemnath L
06:09 03 Jan 25
Muhd HazimMuhd Hazim
04:01 02 Jan 25
Excellent
ronald magadiaronald magadia
08:16 30 Dec 24
Ms. Luna is really very helpfull and she is very professional to his job. Definately will recommend to my friends. ⭐️⭐️⭐️⭐️⭐️
Singapore DevSingapore Dev
09:32 27 Dec 24
Good service and provide all information about loan.
Benjamin LeongBenjamin Leong
12:04 19 Dec 24
Kanggeswari MuniandyKanggeswari Muniandy
09:11 12 Dec 24
Good service and well explained by Ms Luna! Thank you for the guidance.
Wilfredo GomezWilfredo Gomez
05:02 10 Dec 24
Soemoe NaingSoemoe Naing
08:38 07 Dec 24
This loan service is very good. And their staff are very friendly and professional.
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Credit Culture

CREDIT CULTURE LOGO HORIZONTAL digital_250 x 60

Credit Culture Pte Ltd, a subsidiary of Dey Pte Ltd, offers trustworthy personal loans at low interest rates. A 4% monthly interest rate keeps borrowing affordable and predictable. Credit Culture’s transparent loans have no hidden fees.

It offers loans up to $50,000. The firm creates real-time, customised interest rates using digital technologies. Loan selections may be made with precise and current information. Moreover, it offers real-time monthly loan instalment estimations. This helps borrowers budget and meet their payback commitments. The company’s transparent repayment plans provide borrowers piece of mind.

Also, it provides personal loans for weddings, renovations, debt consolidation, and medical costs. Credit Culture is a flexible option for personal loans because of its ability to meet a variety of demands.

Credit Culture’s lending services have earned a good rating from Google online reviews. This grade shows that borrowers trust Credit Culture to provide dependable and transparent credit options.

Loan Offer

  • Personal Loans

Contact Details

  • Business Name: Credit Culture Pte. Ltd.
  • Moneylender License Number: 71/2023
  • Address: 9, Craig Road, #02-01, Singapore 089669
  • Telephone: 6921 7300
  • Website: https://www.creditculture.sg

Google Reviews

Ricky SweeRicky Swee
12:49 07 Jan 25
boboiboy iceboboiboy ice
04:09 05 Dec 24
A misleading statement saying that your application has been successful. While receiving a whatssap message the next day indicating to provide other additional information and that’s only a pre approval. Wasting of time
Moni ModMoni Mod
09:10 26 Nov 24
The team at Credit Culture is prompt, friendly and professional. I am very impressed with their excellent service level.
Alex KAlex K
10:45 23 Nov 24
First of all I would highly recommend credit culture to all who is in need of loan for all purposes. They provide the best top notch service , no hard selling of any sorts. The staff also exudes professional customer service and went into great length to explain all the details u need to know in regards to the loan. The service is exactly on par if not even exceed any banks u may visit. Yet they provide the best rates in the market now and also they think clients first over themselves.credit culture truly help me when I needed help and even went on to check on the reason of loan to see how they can help me to get the best loan in my paying capabilities. Really the best service in the loan industry !
Martin CliveMartin Clive
23:37 25 Oct 24
Their liers n unreliable the loan is thousand pay paid the fee $170 paid validation fee $200 give confirmation next day but never transfer the loan on top of that was told to in crease the loan to $2000 but must pay another fee $170 then when could pay I request to cancel they say 3 working days take fee very fast refund take so long now is third day still never return my money $370 a police report was lodge against them waiting for the outcome
Qingsheng SeetQingsheng Seet
04:52 11 Sep 24
Very professional and helpful.
Eugene YeoEugene Yeo
13:17 03 Sep 24
Fast and efficient service as well as a digital fintech firm. Kudos to the team!
Sammy ShotsSammy Shots
08:40 16 Aug 24
Thanks to Singsaver, think this is the best really, literally. Top notched service and rates. Definitely five stars ;-)
Muhd Riduan BNMuhd Riduan BN
07:27 06 Aug 24
Credit Culture is THE best licensed moneylender out there! Approval process and the disbursement of money is easy and hassle free! Giro payment makes it a lot more easier for repayment. Thanks for everything!! And yes one more thing.. the staff is super friendly!!!!
Chean LimChean Lim
09:03 24 Jul 24
I have had the pleasure of working with Gail and Credit Culture for the second time, and I am thoroughly impressed with their professionalism. The loan application process is incredibly easy and smart, making it stress-free and efficient. Thanks to their secure and reliable service, they have successfully solved my financial issues on both occasions. I highly recommend Gail and Credit Culture to anyone in need of financial assistance. The best of moneylender compared with others.
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Accredit

Accredit, a top moneylender, has a 5.0 Google Review rating based on hundreds of reviews. Borrowers’ pleasant experiences and great satisfaction with Accredit’s services earned this excellent rating.

It is a dependable and customer-focused moneylender. Borrowers may trust Accredit’s trustworthiness and expertise with many excellent ratings.

Customer service is one of Accredit’s strengths. Accredit’s personalised and attentive help throughout the loan procedure has pleased many borrowers, resulting in the good rating.

Accredit has fair lending conditions. Clear disclosures of loan charges, fees, and payback responsibilities are expected. Transparency helps borrowers understand their financial obligations and make educated choices.

Accredit also provides several loan packages to meet varied financial demands. Accredit offers flexible personal, corporate, and debt consolidation loans. This adaptability enables borrowers to easily access cash for many uses.

Loan Offer

  • Personal Loans
  • Business Loans
  • Debt Consolidation Loans 

Contact Details

  • Business Name: Accredit Pte. Limited
  • Moneylender License Number: 68/2023
  • Address: 
    • 503 Tampines Central 1, #01-315, Singapore 520503
    • 1187, Upper Serangoon Road, #01-15, The Midtown, Singapore 533971
    • 442, Clementi Avenue 3, #01-109, Singapore 120442
    • 743, Yishun Avenue 5, #01-548, Nee Soon Central Spring, Singapore 760743
  • Telephone: 621 92662 
  • Website: https://www.accreditloan.com/

Google Reviews

Malar VizhliMalar Vizhli
08:23 11 Jan 25
Excellent service by Yuyu and her colleagues
CWC L&D Mohd SaifulCWC L&D Mohd Saiful
05:24 08 Jan 25
Debbie is very friendly and accommodating to the request. Thank you the amazing service. Appreciate for all the kind help!
lidiana mohd baielidiana mohd baie
08:28 06 Jan 25
The staff is fast and very helpful. She also give me to pay up to 2 month for the 1st timer borrow - staff name amber
Kelvin ChaiKelvin Chai
03:34 06 Jan 25
Yvonne is very professional and reassuring and let's you feel at ease.Service is very personalized. Do chat with her for your finance needs.
Sim YongtengSim Yongteng
03:16 05 Jan 25
Rahmat HidayatRahmat Hidayat
10:33 02 Jan 25
Had very good experience with debbie . She make the whole process smooth and ensure all go well . Thank debbie.
Loh Z ZLoh Z Z
08:27 02 Jan 25
I recently applied for a loan, and the process was overseen by the staff name Yuyu . She was incredibly professional, prompt, and thorough in her work. She ensured all my documents were in order and guided me through every step, making the process stress-free. Her friendly attitude and clear communication stood out, and I truly appreciate her dedication. I would highly recommend her to anyone seeking assistance with loan approvals. Thank you for making this a smooth experience!”
attended by yuyu reliable and fast
Eshan IzzanyEshan Izzany
10:27 26 Dec 24
Kelvin and yuyu is so good to settle my oustanding loan and help to take cash for me to settle my personnal loan.i will reccomend to my friend relative to come to this ax credit to tak a loan if they are in need of money.great job to both kelvin and yuyu.
Fiz ZizFiz Ziz
06:17 26 Dec 24
Im editting my review because has been some changes in the staff working there..BUT theres not even 1% change in the excellent service they provided me over the years.. They will ALWAYS try their best to help me out with amount of loan i need while maintaining professionalism and friendliness..they dont judge me or ask questions that make me uncomfortable. Amber have been assisting me couple of times and she is always nice..personally for me even if she is not around im very comfortable with any other staff.. all of them are equally great... they are literally my lifesaver.. thanks Accredit team!
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Credit21

Credit21 is a reliable moneylender with a 4.8-star Google Review rating. Borrowers’ ongoing satisfaction with Credit21’s services earned this excellent rating. Moreover, it is known for its dependability and client service as a moneylender. Credit21’s many favourable evaluations demonstrate borrowers’ faith in its financial solutions.

Numerous borrowers praised the attentive and personalised support throughout the loan application and approval procedure, resulting in the favourable rating. Credit21’s devoted staff meets borrowers’ demands, making borrowing a joyful experience. Credit21 also lends fairly and transparently. Loan conditions, fees, and repayment requirements should be explained clearly. Transparency helps borrowers understand their financial obligations and make educated choices.

Also, it provides loans for various financial purposes. Credit21 offers flexible personal, corporate, and debt consolidation loans. This flexibility lets borrowers easily get the financing they need.

Loan Offer

  • Personal Loans
  • Business Loans
  • Renovation Loan 
  • Foreigner Loan
  • Wedding Loan
  • Payday Loan  

Contact Details

  • Business Name: Credit 21 Pte Ltd
  • Moneylender License Number: 46/2023
  • Address: 10, Anson Road, #01-07, International Plaza, Singapore 079903
  • Telephone: 62211811
  • Website: https://www.credit21.com.sg/

Google Reviews

Jay DiaboloJay Diabolo
10:44 07 Jan 25
Raudah AbdullahRaudah Abdullah
04:56 07 Jan 25
The process was hassle free and fast. My application and request was assisted swiftly. Thank you.
Christina HooChristina Hoo
06:31 06 Jan 25
Thank you kk for the fast & efficient loan process!
I TI T
07:58 03 Jan 25
Fast and smooth transaction. Great!
T ClarenceT Clarence
05:08 03 Jan 25
Fast and efficient process
Kevin CheongKevin Cheong
06:01 27 Dec 24
Fast and easy
Ebh MEbh M
07:45 23 Dec 24
Alisha has been very patient with my loan application. She is very helpful. Highly recommendedThank you Alisha.
E IE I
07:50 21 Dec 24
The entire process is fast served by KK. Thank you so much KK. Well recommended
YolandaYolanda
06:27 20 Dec 24
Fast and efficient service!
angel kimangel kim
10:05 18 Dec 24
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Are you looking for a fast approval cash loan?

We want to help you make a wiser borrowing decision. By using our loan matching system, we will provide you with the best personal loan offers. 100% Free to Use. Guaranteed Fast Results!

Things To Consider Before Choosing A Licensed Money Lender in Singapore

Singapore’s money lenders are prone to deception. Singapore’s Ministry of Law has set standards for moneylenders to follow to govern this behaviour. These rules are also made public so that everyone may be informed of money-lending activities to avoid fraud. 

Best Licensed Money Lenders in Singapore

Guidelines on Moneylending

  • A licensed moneylenders may charge a maximum of 4% interest per month regardless of your annual income.
  • License money lenders must base interest on balance reduction. They should levy 4% monthly interest on the payments.
  • Moneylenders may only charge a 10% administrative fee, payable immediately.
  • Late payments cost only $60 per month of late repayments.
  • Only unpaid late payments accrue interest.
  • Borrowing costs should not exceed the principal loan.

How to protect yourself from personal loan scams against illegal lenders?

You must verify a money lender’s licence to avoid loan scams. You may check it over the list of licensed lenders provided by Registry of Moneylenders (Ministry of Law).

A legal money lender will always let you read the terms and conditions before signing a contract. Before proceeding, read and comprehend with the term and conditions.

Thirdly, licensed money lenders charge 10% of the principle. Moreover, before picking a moneylender, read reviews.

Signs that you a dealing with illegal money lender or loan shark:

  • Requesting a loan processing admin charge upfront to transfer them.
  • Requesting your SingPass ID or password (Never reveal your information)
  • Providing a blank contract to sign
  • Letting you sign your contract without understanding the terms and conditions.
  • Advertising the company and services through SMS.
  • Instantly approving your loan application through phone or SMS

You’re in the wrong hands if you run across any of the aforementioned situations!

Moneylenders exclusively advertise on:

  • Its website
  • Consumer directories or business directories
  • Advertisements outside the physical office

Emails, flyers, and SMS advertisements indicate a fake moneylender.

So, before going to a licensed moneylender for a personal loan, you must:

  • Compile all the documents you’ll need to submit the application.
  • Your landlord’s letter containing your name and address as proof of residence.
  • Proof of identity for verification
  • Your office appointment letter
  • Recent payslip (must not be 3-months old)

If you are a foreigner, you must show the following:

  • Employment pass or work permit
  • Passport
  • Employment documentation, such as a company or staff pass, an appointment letter, and a pay slip
  • Proof of your residency
  • A bank account statement (in your salary bank)

Remember that a respectable and reputable money lender will never want your password.

Therefore, you should only turn to licensed moneylenders if you wish to make money for your company or need money. We have gathered all of this information for you so that you won’t have to deal with the trouble of looking for a great moneylender outside of your home.

Things to consider before choosing a money lender

How Much Can Singaporeans, PRs & Foreigners Borrow from Licensed Moneylenders? 

Licensed moneylenders make collateral-free personal loans. Borrowers don’t need collateral to get money. 

The table below shows Singapore’s licensed moneylenders’ maximum loan quantum for unsecured personal loans: 

Borrower’s annual income Singapore Citizens and Permanent Residents Foreigners residing in Singapore
not more than $10,000 $3,000 $500
less than $20,000 and at least $10,000 $3,000 $3,000
a minimum of $20,000 and higher six times the monthly salary six times the monthly salary
Borrower’s annual income
not more than $10,000
less than $20,000 and at least $10,000
a minimum of $20,000 and higher
Singapore Citizens and Permanent Residents
$3,000
$3,000
six times the monthly salary
Foreigners residing in Singapore
$500
$3,000
six times the monthly salary

Prior to granting a personal loan, a licensed moneylender has the following obligations:

A licensed moneylender must make you aware of all of the conditions and details of the loan, not just the principal amount. When talking with you about the following, they must be open and honest.

  • Interest Rate
  • All fees required
  • Late Interest Charges
  • Schedule of Repayment
  • Cautionary statement to the borrower

An licensed moneylender will always follow the law. It will guarantee that you fully comprehend the data presented above.

Never will they keep anything from you. Furthermore, they individually communicated the cautionary statement to you. It lists the characteristics of an unreliable lender and cautions readers not to work with them. You are needed to sign this document as confirmation that you have read and understand it.

What to do after your personal loan approval?

Make sure the money lender provides the whole principal to avoid frauds. Also, they may only deduct 10% of your main loan amount.

After claiming the principle, you must follow the terms and conditions. Note the following while receiving and repaying:

  • You must have a copy of loan agreement
  • Keep a duplicate of every receipt you get after paying fees or making a repayment
  • You must receive a copy of your statement of account at least once every January and July and make sure that the information is correct – your name, amount paid and the loan balance
  • Keep the important documents -receipts and statement of accounts safely

Remember that a respectable and legitimate moneylender will never want your password. Never forget that they will help you throughout the process, even after your loan has been approved.

Therefore, you should only turn to licensed moneylenders if you need some additional finances for your company or for personal requirements. To spare you the trouble of looking for a great moneylender from the comfort of your home, we have gathered all this information for you.

FAQs about Singapore’s Licensed Moneylenders

Finding Best Moneylender Singapore

A secured loan may be requested for any amount. Additionally, your salary determines how much you may borrow in total with an unsecured loan. 

For Singaporean or PR

  • A maximum of $3000 for those with yearly incomes between $10,000 and $20,000 
  • A maximum of six times your monthly salary if you make at least $20,000 each year 

For Foreigners

  • A maximum of $1500 for those with yearly incomes under $10,000 
  • A maximum of $3000 for individuals with annual incomes between $10,000 and $20,000 
  • A maximum of six times your monthly income for individuals with annual incomes of at least $20,000 

Singapore licensed moneylenders may charge up to 4% monthly interest as of October 1, 2015. Maximum 4% per month of late payment. All loans and income apply. 

The remaining principal determines the monthly interest rate. For instance, the entire principle debt is $12,000, and the payback was $8,000, leaving $4,000. The remaining amount, $4,000, must be charged interest monthly. 

Late monthly payments determine the late interest rate. Another example, if the loan is $10,000, the current payment plan is $2,000, and the remainder is $8,000, the late interest rate will be levied on $2,000.

You will be legally responsible if you take out a loan. In order to obtain one, you need take into account the following: 

  • Check for Other Alternatives. There are other choices than licensed moneylenders that may assist you with your financial demands. Another option is to apply for financial aid from various government agencies. 
  • Note of Contract. You must abide by the terms and conditions set out in the Note of Contract with the licensed money lender. Settlements in court might result from failure to comply. 
  • Ability to Repay. Make sure you have examined your financial situation and understand your capacity to repay before taking out a loan from a moneylender. Your income and your financial demands must be taken into account. Keep in mind that making late payments will result in both late interest and a late payback charge. It is advised that you borrow less money than you make and that you only utilise it for emergency requirements. Never spend money on lavish expenditures. 
  • Full Understanding of the Contract. You, as the borrower, must fully comprehend all of the contract’s terms and conditions. Consider the following: the repayment timeline, interest rate, and fees. You must confirm, as required by law, that the lenders have adequately described the Note of Contract. They must also provide a copy of the agreement to you. 
  • Caveats on Property. You must carefully read the Note of Contract. Make sure you are fully aware of the implications of placing a caveat on your properties. Keep in mind that if moneylenders place a caveat on your real estate, you could not get any of the selling profits until you completely repay the debt. As a result, you must carefully read the conditions before signing. 
  • Search for Other Moneylenders. You must choose a moneylender whose terms and conditions best fit your financial demands since they differ among them. Choose the one with beneficial terms as well. 

Moneylenders may only charge the following fees as of October 1, 2015: 

  • a maximum of $60 for each month of failure to repay a loan;
  • a maximum of 10% of the principal loan from the time the loan was granted or known as an administrative fee; and
  • legal cost awarded by the court for the loan recovery for each successful loan claim by a licensed moneylender

Keep in mind that the total fees cannot be more than the loan’s principal amount. For instance, the overall fees, including interest rates, late interest, late repayment fees, and administrative fees, cannot exceed $10,000, for instance, if the principal loan is $10,000. 

A licensed moneylender is included in the Ministry of Law’s monthly updated Registry of Moneylenders list, which is available as a PDF file. 

Despite a moneylender’s licence, be cautious and watch out for the following dishonest actions: 

  • Making threats and using abusive language 
  • Requesting your SIngPass Log-in information 
  • Keeping your NRIC card and identification on you, such as your driver’s licence, ATM card, and so on. 
  • Have you sign a loan agreement that is either blank or insufficient 
  • Failed to provide you with a copy of this contract and failed to explain the terms and conditions included in the Note of Contract. 
  • Approve a loan over the phone, over email, or by text message rather than following the law. Before disbursing a loan, the lender must personally meet the borrower in accordance with the legislation; and 
  • Withdrew from a principal loan a sum that was not covered by the administrative charge 

The Ah-long hotline at 1800-2255-529 must be contacted about the unfair practises listed above. Contact the Registry of Moneylenders and have your company name, licence number, and phone number handy. 

To learn further about unlicensed moneylenders you can click here.

A licensed lender of money may only use the following media to advertise: 

  • Business or consumer directories, either online or offline. 
  • Registered Website Address 
  • Within the office premises 

Outside of the three (3) channels, advertising is prohibited. This is one of the criteria that separates a licensed individual from one who is not. 

An unlicensed moneylender may use fliers, email, SMS, and social media sites like Facebook and WhatsApp to promote. So be careful and don’t answer them. You may file a complaint by calling 1800-2255-529 or using their contact form. 

Relying just on the advertisement’s substance is insufficient. There is not much information provided. You may get more information by calling or visiting the licensed money lender’s office. 

The following are the considerations you should keep in mind while acting as a surety: 

  • Keep in mind your obligation 
  • When the loan is approved, a copy of the Note of Contract must be present. 
  • The licensed lender clearly stated the Note of Contract. 
  • The terms of the contract are also explained 
  • A moneylender can’t take away your NRIC or personal identification documents; and 
  • The moneylender must not request sensitive information, such as a SingPass account, an email address, or access to online banking. 

When you get a loan, be careful to follow these rules: 

  • You must ensure that licensed moneylenders provide the correct amount of total principal loans with a maximum administrative charge reduction of 10%. 
  • Pay promptly. Avoid making late payments to avoid paying late interest and fees. 
  • Whenever you make a repayment, make sure the date, name, and amount are all spelt correctly on the receipt. 
  • Ensure that you will get a copy of the statement of account for your loans every January and July. Do not forget to confirm the accuracy of your information, including the name, amount, and date. 
  • Keep copies of your account statements and receipts carefully; they will serve as evidence of all your payments. 

Call the Registry of Moneylenders at 1800-2255-529 to file a complaint about unfair lending practises. Your complaint will be taken seriously, and the Registry will look into it. You may also need to provide them any pertinent papers and data. You can also be requested to appear for an interview with a representative of the Registry. 

According to the Consumer Protection (Fair Trading) Act, you may file a lawsuit via the Small Claims Tribunal or the Court if an inquiry reveals that a moneylender is using unfair practises. 

The Registry of Moneylenders is unable to assist you in this situation since your dispute concerns a private contract or agreement between you and the moneylender. 

You may get assistance from social service organisations if you’re having financial problems. They will educate you on basic credit management, help you get counselling, and even help you acquire a repayment plan. 

*Credit Counselling Singapore may also involve in handling debt cases with banks. 

Disclaimer:

Lender SG is Singapore’s independent loan money matching platform. We don’t provide any “financial products or services.” Furthermore, neither we nor any of our affiliates are licenced moneylenders or loan providers. We operate by using our loan matching technology to look for the best loan offers that suit a borrower’s financing requirements. We make sure that using our loan matching system is risk-free and cost-free, with no commitments. Your information will be handled swiftly and securely by our system after you submit it via our loan application form. Next, will match the appropriate offers with it. To finish the loan procedure, please be prepared to receive a CALL from the chosen licensed personal loan provider.

Get Personal Loan Offers from Lender SG in Just 5 Minutes!

Do you need a personal loan? Save your time and avoid looking for many lenders. In only five minutes, our loan matching tool matches you with the best loan options. With Lender SG, take charge of your money and acquire the money you need right now!