18 Best Licensed Moneylender in Singapore for Personal Loan [2022]

Find the best licensed moneylender in Singapore for personal loan.

Singapore Business Owners



Last Updated on March 8th, 2022

Finance & Cryptos

Our team at SBO.sg is committed to being a one-stop avenue to connect local businesses and consumers. We hope that our research efforts can help you save time and money by finding you the best deals without having to search around the vast world-wide-web.

With the thoughts of Singapore’s worst-ever recession looming over everyone’s heads, times are definitely becoming harder.

If you are in need of money to tide yourself over this period, perhaps you can consider taking up a personal loan from a licensed moneylender in Singapore.

A personal loan is a form of credit that can help you to make a big purchase or consolidate high-interest debts.

As personal loans in Singapore typically have lower interest rates than credit cards, they can be used to consolidate multiple credit card debts into a single, lower-cost monthly payment.

According to a study conducted by Finder.com, nearly one in three Singaporeans (32%) or an estimated 928,000 people have reportedly taken out a personal loan in the past twelve months.

Singaporeans who have taken out a personal loan cite covering basic expenses as their main priority. More than one in 10 or 13% who have taken out a personal loan said this.

Singaporeans intending to take out a personal loan should check that the moneylender that they approach appears in the Ministry of Law’s List of Licensed Moneylenders in Singapore so that they would not end up in a precarious legal position. Find out more the pros and cons lending from licensed moneylenders if you are worried that you may end up in a loanshark sitatution. Licensed moneylenders are not loansharks! They are financial companies with proper licences to operate as lenders in Singapore.

Looking for a licensed moneylender in Singapore to help you alleviate your financial woes? In this article, we have gathered a list of the 18 best licensed moneylender in Singapore who can help to make your personal loan process convenient and quick.

1. Credit Hub Capital

best personal loan in singapore_credit hub
Type of Information Details
Websitehttps://credithubcapital.sg/
Highlights to Note– Quick approval within an hour
– Highly competitive interest rates
– Customised loans and flexible repayment
Address190 Middle Road
10-01A, Fortune Centre Singapore 188979
Email (For Enquiry) [email protected]
Contact Number+65 6338 5115 (Office Number)
Operating HoursMonday – Friday
11 am – 8 pm

Saturday
11 am – 4 pm

Sunday
Closed
Online Reviews56 Google reviews (Average rating: 4.3 / 5.0 stars)

Founded in 2010, Credit Hub Capital is Singapore’s leading licensed and most trusted moneylender.

The firm is licensed by the Registry of Moneylenders in Singapore and complies with the Moneylenders Act (2008).

At Credit Hub Capital, not only can you receive quick approval within an hour, but you can also enjoy competitive interest rates.

If you face issues like a sudden loss of job that may lead to a restricted income flow, taking up personal loans with Credit Hub Capital is something that you may want to consider.

That’s not all: the firm also offers a flexible repayment scheme and customised loan services, ensuring that the varying needs of its customers are met.

2. Credit Excel Capital

best personal loan in singapore_credit excel capital
Type of Information Details
Websitehttps://quickmoney.sg/
Highlights to Note– Quick approval within an hour
– Cash disbursement less than 30 mins
– Will not judge you based on your credit history
– Monthly instalments provided
– Most competitive low-interest rates
Address192 Waterloo Street #06-03
Skyline Building, Singapore 187966
Email (For Enquiry) [email protected]
Contact Number+65 6337 0055 (Office Number)
Operating HoursMonday – Friday
11 am – 8 pm

Saturday
11 am – 4 pm

Sunday
Closed
Online Reviews24 Google reviews (Average rating: 4.2 / 5.0 stars)

Credit Excel Capital is one of Singapore’s most flexible licensed moneylenders in Singapore, giving customers the luxury to plan their repayment dates.

They also do not judge their clients based on their credit history, staying true to their mission to adhere to the sternest code of ethics and principles in all their dealings with customers.

Providing online application services that are available 24/7, you can expect to receive approval for your loan within one hour. Interest rates are offered at 4% monthly.

You have the option to make loan repayment or monthly instalments through any ATM machines, or iBanking online transfers to any of their local bank accounts.

If you want to can make your repayment at their office, you can only do so using cash.

3. Avis Credit (SG) Pte Ltd

best licensed moneylender in singapore_avis credit
Type of Information Details
Websitehttps://avismoneylender.com.sg/
Highlights to Note– Fast approval
– Flexible repayment
– Competitive rate
Address185 Toa Payoh Central #01-344
Singapore 310185
Contact Number+65 6883 2017
Email[email protected]
[email protected]
Operating HoursMonday – Friday
11 am – 7.30 pm

Saturday
11 am – 7 pm

Sunday
11 am – 4 pm (By Appointment)
Online Reviews470 Google reviews (Average rating: 4.7 / 5.0 stars)

Established in 2011, Avis Credit (SG) Pte Ltd is a licensed moneylender in Singapore that is well-known for being a reliable source of fast approval and flexible repayment moneylender. They offer their clients a wide range of loan packages, whether they are short-term or long-term at a competitive rate.

They offer personal, short-term and business loans that are provided to you based on your requirements and information that you have given them.

4. Fast Money Pte Ltd

best personal loan singapore
Type of Information Details
Websitehttps://fastmoney.com.sg/
Highlights to Note– No application fees
– Open to all clients, regardless of nationality
– Flexible repayment period
AddressBlock 101 Yishun Avenue 5 #01-35
Singapore 760101
Email (For Enquiry) [email protected]
Contact Number+65 6224 4746 (Office Number)
Operating HoursMonday – Sunday
12 pm – 8 pm
Online Reviews638 Google reviews (Average rating: 4.9 / 5.0 stars)
2 Facebook reviews (Average rating: 5.0 / 5.0 stars)

Applying for a personal loan with Fast Pay Pte Ltd is quick and efficient using their online application form. No application fees are needed.

Fast Pay offers its loans at some of the lowest interest rates in the region.

Their loans are open for application to Singaporeans, Permanent Residents and foreigners with valid passports.

Instead of simply making unreasonable demands like other personal loan providers, they will also make arrangements to provide you with a flexible repayment period to resolve your financial woes.

5. Accredited Pte Ltd

best licensed moneylender in singapore_accredit
Type of Information Details
Websitehttps://www.accreditloan.com/
Highlights to Note– Works on a sustainable model that is focused on consumer protection (Client’s personal data protected with advanced technology)
– Fast cash approval for loan applications made within the same day
– No hidden costs
Addresshttps://www.accreditloan.com/contact/
Contact Numberhttps://www.accreditloan.com/contact/
Email[email protected]
Operating Hourshttps://www.accreditloan.com/contact/
Online ReviewsTampines Branch:
597 Google reviews (Average rating: 5.0 / 5.0 stars)

Founded in 2002, Accredited Pte Ltd is a subsidiary of Quick Credit Pte Ltd who are industry veterans providing transparent and quality services to their clients.

The licensed moneylender in Singapore works on a sustainable model that is focused on consumer protection. Your personal data is protected with industry standard HTTPS (TLS1.2) and passed penetration testing.

Accredited provides loan service such as short term credit, debt consolidation, personal loan and business financing with fast and easy cash approval for loan applications made within the same day. There are no hidden costs incurred for any loan applications made. Fees payment are made upfront and transparent.

6. GS Credit

best moneylender in singapore_gs credit
Type of Information Details
Websitehttps://www.gscredit.com.sg/
Highlights to Note– Quick approval
– Fast processing
– Immediate disbursement of loans once approved
Address1 Gateway Drive, #06-08 Westgate Tower
Singapore 608531
Email (For Enquiry) [email protected]
Contact Number+65 6563 0321
Operating HoursMonday to Saturday
11 am – 8 pm

Closed on Sunday and Public Holidays
Online Reviews118 Google reviews (Average rating: 4.5 / 5.0 stars)

As one of the most trusted licensed moneylenders in Singapore, GS Credit strives to maintain the highest standards of professionalism and transparency.

When applying for a personal loan at GS Credit, you can be assured of its fast processing and quick approval process.

All loans are processed within an hour.

Your personal loan will be instantly disbursed to you once it has been approved.

7. Capital Funds Investment

best moneylender in singapore_capital funds investments
Type of Information Details
Websitehttps://www.loancfi.com.sg/
Highlights to Note– Straightforward and hassle-free personal loan process
– Quick approval process and turnaround time
Address65 Ubi Crescent #06-07, Hola Centre, Singapore 408559
Email (For Enquiry) [email protected]
Contact Number+65 6281 7736
Operating HoursMondays to Fridays
12 pm – 8 pm

Saturdays
11 am – 3 pm
Online Reviews218 Google reviews (Average rating: 4.9 / 5.0 stars)

Capital Funds Investments is a licensed moneylender in Singapore that aims to provide you with cash resources to tide you over a short period of time.

The application process for Capital Funds Investments’ personal loan is made straightforward and hassle-free.

All you have to do is to download their loan application form on their website and fill it up.

Their financial experts will then assess your eligibility via the details that you have submitted. Once approved, you can collect the loan at their office.

You can be assured that the personal loan has a quick approval process and turnaround time so that you can deal with your financial troubles fast.

8. Credit 21

best personal loan in singapore
Type of Information Details
Websitehttps://www.credit21.com.sg/
Highlights to Note– 3-minute loan application
– Loan disbursement is done in 24h
– 16 years in the private moneylender industry
Address10 Anson Rd, #01-07 International Plaza
Singapore 079903
Contact Number+65 6221 1811
Operating HoursMondays to Sundays
11 am – 8 pm
Online Reviews470 Google reviews (Average rating: 4.7 / 5.0 stars)

With 16 years of experience, Credit 21 is a credible and reliable player in the local money lending industry.

Credit 21 aims to provide convenient and hassle-free loans so that borrowers can receive timely financial aid.

Borrowers can expect up to $100,00 in untenured loans at one of the lowest interest rates in the market.

As a testament to their credibility, they were recently acknowledged by the Ministry of Law as one of the six firms piloting new business models for money lending.

9. GoldStar Credit Pte Ltd

best licensed moneylender in singapore_goldstar credit
Type of Information Details
Websitehttps://goldstarcredit.co/licensed-moneylender-singapore/
Highlights to Note– Provide a wide range of loan services
– Low interest rates and monthly repayments
Addresshttps://goldstarcredit.co/contact-us/
Contact Numberhttps://goldstarcredit.co/contact-us/
Operating Hourshttps://goldstarcredit.co/contact-us/
Online Reviews1767 Google reviews (Average rating: 5.0 / 5.0 stars)

Goldstar Credit Pte Ltd is a licensed moneylender in Singapore that help their clients achieve the best possible outcomes with relevant financial solutions tailored to their financial needs.

They provide a wide range of loan services such as personal loan, business loan, payday loan, debt consolidation loan, medical loan and wedding loan. These loans are readily available on the spot and are affordable for their clients with low interest rates and monthly repayments.

10. Oasis Credit Services Pte Ltd

best licensed moneylender in singapore_oasis credit services pte ltd
Type of Information Details
Websitehttps://moneyloans.com.sg/
Highlights to Note– Personal and business loans
– Clear and transparent pricings
AddressBlk 442, Clementi Avenue 3, #01-87,
Singapore 120442
Contact Number6777 1121
Operating HoursMonday to Saturday
11.30 am – 7 pm

Closed on Sunday and Public Holidays
Online Reviews135 Google reviews (Average rating: 4.8 / 5.0 stars)

Oasis Credit Services Pte Ltd seeks to offer their customers loan services that best meets their credit needs reliably and discreetly. They believe in responsible lending and feedback so that they provide an all-rounded service to their clients.

They offer personal and business loans with flexible loan terms and set realistic payments that will suit their client’s budget. Pricings are clear and transparent so you do not have to fear hidden costs.

11. U Credit

best moneylender in singapore_u credit
Type of Information Details
Websitehttps://ucredit.sg/
Highlights to Note– Fast loan application
– Low-interest rates
– Tailor-made repayment plans
– Excellent customer service
Address01-19 The Bencoolen
180 Bencoolen Street
Singapore 189646
Contact Number+65 6337 1768
Operating HoursMonday to Saturday
11 am – 8 pm

Closed on Sunday and Public Holidays
Online Reviews266 Google reviews (Average rating: 4.9 / 5.0 stars)

With its fast loan application, low-interest rates, tailor-made repayment plans and excellent customer service, it is little wonder that U Credit has become one of the top licensed moneylenders in Singapore.

At U Credit, their personal loan packages are customised based on your needs. That way, you will be able to meet your financial needs and have an easy time repaying your loans.

12. GM Creditz

best personal loan singapore
Type of Information Details
Websitehttps://www.gmcreditz.com.sg/
Highlights to Note– Take a loan of up to six times your salary
– Assesses every application fairly
Address111 North Bridge Road
Peninsular Plaza #01-41
Singapore 179098
Email (For Enquiry) [email protected]
Contact Number+65 6588 1886 (Office Number)
Operating HoursMonday – Friday
11 am – 9 pm

Saturday – Sunday
11 am – 6 pm
Online Reviews341 Google reviews (Average rating: 4.9 / 5.0 stars)

Established in 2001, GM Creditz is the best personal loan provider at the heart of Singapore.

Staying true to its promise of “Borrowing money made easy”, the agency offers hassle-free, fast and affordable loan plans.

With low interest rates from 1-4% only, you can borrow a personal loan up to 6 times your salary.

Its personal loan is also an unsecured loan, which means no pledging of assets is needed.

What sets the agency apart from other moneylenders is that it fairly assesses each and every client’s application, even those with a history of bad credit scores.

It has built the business on solid principles by offering a fair and transparent service and responsibly providing its customers with loans.

13. 365 Credit Solutions

best moneylender in singapore_365 credit solutions
Type of Information Details
Websitehttps://www.365credit.com.sg/
Highlights to Note– One of the most well-established licensed moneylenders in Singapore
– Quick approval of loans (Done within an hour of application)
Address14 Scotts Road #03-64 Far East Plaza, Singapore 228213
Email (For Enquiry) [email protected]
Contact Number+65 6222 5500
Operating HoursMonday – Friday
10.30 am – 8.30 pm

Saturday – Sunday
10.30 am – 5 pm
Online Reviews403 Google reviews (Average rating: 5.0 / 5.0 stars)

Established in 2010, 365 Credit Solutions has grown to become one of the most well-established licensed moneylenders in Singapore.

The application process at 365 Credit Solutions is designed to be seamless so that you can resolve your financial woes as quickly as possible.

As a matter of a fact, all loans are approved within an hour.

You can apply for a personal loan so long as you are 18 years old and above, and have a minimum salary of S$1,500 (Singapore Citizen & PRs) or a minimum salary of S$2,000 (Foreigners working in Singapore).

14. BST Credit

best personal loan singapore
Type of Information Details
Websitehttps://www.bstcredit.com.sg/
Highlights to Note– Tailored personal loan packages
– Live chat function to resolve your queries
AddressBlock 131 Jurong Gateway Road #01-251
Singapore 600131
Email (For Enquiry) [email protected]
Contact Number+65 6299 1782 (Office Number)
Operating HoursMonday – Saturday
11 am – 8 pm

Sunday
Closed
Online Reviews109 Google reviews (Average rating: 4.7 / 5.0 stars)

BST‘ stands for Begin with Service & Trust. BST Credit has set themselves apart from other moneylenders by putting the needs of their customers first.

Their application and approval processes are simple and their loan terms are friendly.

They will tailor their loan packages to suit your particular set of circumstances.

You only need to discuss your needs with their loan officers.

They will then help you to identify a personal loan package that is suitable for your needs.

Their website also has a live chat function for you to raise any questions.

15. BizBridge

18 Best Licensed Moneylender in Singapore for Personal Loan [2022] 1
Type of Information Details
Websitehttps://www.bizbridge.sg/
Highlights to Note– Middleman and advisor to increase your chances of securing a loan
– Extensive network of moneylenders
Address22 Sin Ming Lane #06-76
Midview City
Singapore 573969
Email (For Enquiry) [email protected]
Contact Number+65 6255 6300 (Office Number)
Operating HoursMonday – Friday
8 am – 8 pm

Saturday
9 am – 7 pm

Sunday
9 am – 8 pm
Online Reviews1 Google review (Average rating: 5.0 / 5.0 stars)

Unlike the other moneylenders on this list, BizBridge does not lend you money directly.

Instead, it acts as a middleman and leverages its extensive network of moneylender contacts to help you find a suitable loan.

You will definitely want to engage them if you don’t have a good credit score or credit record or are facing a complicated situation.

BizBridge may even be able to find you a loan you didn’t know you could qualify for.

As your Personal Loan Advisor, BizBridge possesses an in-depth understanding of the eligibility criteria set by its established network of lenders, which increases your chances of getting the loan. 

With over 540,000 loans taken, BizBridge has a 99% approval rate.

16. Galaxy Credit Investment

best personal loan singapore
Type of Information Details
Websitehttps://galaxycredit.com.sg/personal-loan-singapore/
Highlights to Note– Loan cap of S$150,000
– No processing or deposit fees
– Disbursement of cash on the spot
Address709 Ang Mo Kio Avenue 8 #01-2595
Singapore 560709
Email (For Enquiry) [email protected]
Contact Number+65 6817 2576 (Office Number)
Operating HoursMonday – Saturday
11 am – 8 pm

Sunday
Closed
Online Reviews1,712 Google reviews (Average rating: 5.0 / 5.0 stars)

With a personal loan cap of S$150,000, Galaxy Credit Investment’s interests rates are as low as 3.9% per term.

No processing fees or deposits are needed.

You can easily apply for a personal loan by submitting online through an online form at the comfort of your own home.

Their representative will contact you within one working day.

Once your loan is approved with the loan agreement signed, the firm will disburse the money via cash, bank transfer or cheque on the spot.

Every case is special and they go the extra mile to provide a repayment cycle that fully suits your financial capabilities.

17. Lendela

best personal loan singapore
Type of Information Details
Websitehttps://sg.lendela.com/
Highlights to Note– Match making algorithm to match you to the personal loan that is most suited for you
– Compare personal loan offers
Address109 North Bridge Road #07-21-33
Funan
Singapore 179097
Email (For Enquiry) [email protected]
Contact Number+65 8201 0158 (Office Number)
Operating HoursMonday – Friday
9 am – 6 pm
Online Reviews80 Google reviews (Average rating: 4.9 / 5.0 stars)
2 Facebook reviews (Average rating: 5.0 / 5.0 stars)

Lendela helps you find the best personal loan in Singapore – free of charge. Simply fill out their online application form in a couple of minutes to receive loan offers from multiple banks and licensed lenders.

Over 10,000 applications have been made to date.

Lendela brings the widely successful Scandinavian loan broker model to Southeast Asia, which allows the applicant to compare personalised loan offers online and select the best option, via just one application.

This is made possible with their well-made application form and unique match-making algorithm.

Some of their selected partners include HSBC, Standard Chartered and Singapore Fintech Association, lending credence to their credibility.

18. Lending Bee

18 Best Licensed Moneylender in Singapore for Personal Loan [2022] 2
Type of Information Details
Websitehttps://www.lendingbee.com.sg/apply/
Highlights to Note– Huge capital backing
– Mobile application to facilitate loan application process
Address14 Scotts Road #02-44/45
Far East Plaza
Singapore 228213 (Orchard Branch)
Contact Number+65 6871 4207 (Office Number)
Operating HoursMonday – Saturday
11 am – 8 pm

Sunday
10 am – 7 pm
Online Reviews491 Google reviews (Average rating: 4.9 / 5.0 stars)

As a subsidiary of Credit 21 Pte Ltd, Lending Bee is one of the top licensed moneylenders in Singapore.

Out of 156 licensed moneylenders in Singapore, Lending Bee was one of the six selected by the Ministry of Law to pilot alternate business models for moneylending.

As such, you can be assured that they are a reliable and licensed moneylender with huge capital backing. They are able to quickly provide you with a personal loan which suits your needs.

To make the application process more convenient, Lending Bee has created a mobile application for its customers. Their mobile application is available on both the App Store and Google Play.

Conclusion

Do you have any reviews and comments to share regarding our choices for the best licensed moneylender in Singapore?

While SBO is committed to supporting our local businesses, we welcome any feedback and anonymous sharing regarding your experience with the listed moneylender in Singapore.

We hope that this guide will be useful in helping you to make an informed decision when it comes to finding the best licensed moneylender in Singapore.

In this article

    Shares
    certificate

    Are you featured in this?

    Display this exclusive SBO badge proudly on your website!

    Think another brand deserves to be here? Let us know!

    Subject to the discretion of the SBO Editorial Team.

    subscribesubscribe
    A natural-born storyteller since young, I love writing about everything under the sun, in particular, technology and digital marketing. When I'm not putting my pen to paper, I'm usually listening to pop music or burying my head in tech reviews.

    Featured Articles

    >