The Best Licensed Money Lenders in Singapore (2020)

List of Licensed Money Lenders in Singapore
(Updated: 1 March, 2020)

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List of Licensed Moneylenders in Singapore

[Updated: 1st March, 2020]

To make it hassle-free and quick way of finding all approved private licensed money lenders in Singapore, we have consolidated the list in an easy and searchable manner for borrowers. The following is the list of updated valid licensed money lenders in Singapore as at 1st March, 2020, based on the complete list in PDF published on Ministry of Law website. Please feel free to contact us if there is any changes or if you spot any mistakes in this list.

Please Note: The Ministry of Law Singapore has implemented strict rules and regulations. To complete the loan process from Licensed Moneylenders, you are required to visit their official approved physical address as stated below. If you ever receive any loan offers via WhatsApp or SMS or FaceBook from any people claiming to be one of the licensed money lenders as stated in the list below and request to meet at other locations or willing to direct transfer money to your bank account without meet you in person. Please ignore them or report them to this Hotline at 1800-924-5664 (1800-X-AH-LONG) as they should be unlicensed/illegal money lenders aka loansharks.

Read This: To learn more about The Difference Between Licensed Moneylenders vs. Loan Sharks

Licensed Moneylenders Authorised by Ministry of Law Singapore

Licensed Moneylenders Listing Updated: 1st March, 2020

S/No.Money Lender NameBusiness AddressLicence No.TelephoneWebsite
1Crawfort Pte. Ltd.1, North Bridge Road,
#01-35, High Street Centre,
Singapore 179094
97/201967778080https://crawfort.com
21 2 Lend Pte. Ltd.1, Park Road,
#01-83/84, People'S Park Complex,
Singapore 059108
95/201964930160http://www.12lend.com.sg
3101 Credit Pte. Ltd.101, Upper Cross Street,
#01-24, People'S Park Centre,
Singapore 058357
35/201962381018http://www.101personalloan.com.sg
41133 Moneylenders Pte. Ltd.262, Balestier Road,
#01-02, Okio,
Singapore 329714
120/201965561133http://www.1133moneylenders.sg
51Ap Capital Pte. Ltd.10, Anson Road,
#01-38A, International Plaza,
Singapore 079903
84/201965335335-
61St Capital Pte. Ltd.304, Orchard Road,
#04-1A/2, Lucky Plaza,
Singapore 238863
4/202067347700http://www.1stcapital.com.sg
71St Credit Sg Pte. Ltd.149, Rochor Road,
#01-07, Fu Lu Shou Complex,
Singapore 188425
112/201962665422http://www.moneylenderhub.com
81St Lg Credit Pte. Ltd.304, Orchard Road,
#02-29, Lucky Plaza,
Singapore 238863
79/201962996654http://www.moneylenderpro.com
9365 Credit Solutions Pte Ltd14, Scotts Road,
#03-64, Far East Plaza,
Singapore 228213
12/202062225500http://www.365credit.com.sg
1096Bm Credit Pte. Ltd.302, Ubi Avenue 1,
#01-31,
Singapore 400302
70/201962935851-
11A1 Credit Sg Pte. Ltd.2, Havelock Road,
#02-08, Havelock2,
Singapore 059763
23/202063360833http://www.a1credit.sg
12Abi Credit Pte Ltd185, Toa Payoh Central,
#01-320,
Singapore 310185
16/202063379719http://www.abicredit.sg
13Abk Leasing Pte. Ltd.13, North Bridge Road,
#01-3984, Golden Beach Vista,
Singapore 190013
88/201962242224-
14Abm Creditz Singapore Pte. Ltd.1, Park Road,
#01-12, People'S Park Complex,
Singapore 059108
69/201967373392http://www.abmcreditz.com.sg
15Accredit Pte. LimitedI:
503, Tampines Central 1,
#01-315,
Singapore 520503
Ii:
1187, Upper Serangoon Road,
#01-15, The Midtown,
Singapore 533971
Iii:
18, Jalan Membina,
#01-04, Tiong Bahru Court,
Singapore 164018
Iv:
743, Yishun Avenue 5,
#01-548, Nee Soon Central
Spring,
Singapore 760743
51/201962192662http://www.accreditloan.com
16Advance Cash Credit Pte. Ltd.304, Orchard Road,
#04-12/13, Lucky Plaza,
Singapore 238863
82/201962500848http://www.advancecashcreditonline.com.sg
17Aero Credit Pte. Ltd.810, Geylang Road,
#02-15, City Plaza,
Singapore 409286
96/201968412136http://www.aerocredit.com.sg
18Ak Credit Corporation Pte. Ltd.2, Havelock Road,
#01-16, Havelock2,
Singapore 059763
155/201965359989http://www.akcredit.com.sg
19Akb Credit Pte. Ltd.69, Jalan Besar,
Singapore 208815
75/201962386116-
20Alles Autos Credit Pte. Ltd.133, New Bridge Road,
#01-34, Chinatown Point,
Singapore 059413
121/201965330300http://www.allesautoscredit.com
21Alpha 8 Pte. Ltd.449, Clementi Avenue 3,
#01-265,
Singapore 120449
67/201967333081http://www.alpha8credit.sg
22Andal Enterprise Pte. Ltd.50, Tagore Lane,
#04-11A2, Entrepreneur Centre,
Singapore 787494
62/201969705602-
23Ar Creditz Pte. Ltd.2, Havelock Road,
#01-21, Havelock2,
Singapore 059763
113/201964633302-
24Art Credit Pte. Ltd.238A, Serangoon Road,
#02,
Singapore 218085
68/201962922448-
25Avis Credit (Sg) Pte. Ltd.185, Toa Payoh Central,
#01-344,
Singapore 310185
59/201968832017-
26Ban King Credit (S) Pte. Ltd.705, Ang Mo Kio Avenue 8,
#01-2563,
Singapore 560705
80/201967437701http://www.sgmoneylender.sg
27Best Credit Sg Pte. Ltd.372, Bukit Batok Street 31,
#01-374, (Level 2),
Singapore 650372
137/201962725538http://www.bestcredit.sg
28Bliss Credit Pte. Ltd.11, Collyer Quay,
#03-24, The Arcade,
Singapore 049317
148/201963271334http://www.blisscredit.com.sg
29Bst Credit Pte. Ltd.131, Jurong Gateway Road,
#01-251,
Singapore 600131
149/201962991782http://www.bstcredit.com.sg
30Btb Creditz Pte. Ltd.810, Geylang Road,
#01-05/14, City Plaza,
Singapore 409286
114/201967487875http://www.btbcreditz.com.sg
31Bugis Credit Pte Ltd470, North Bridge Road,
#02-12, Bugis Cube,
Singapore 188735
31/201963459123http://www.reliablemoneylender.sg
32Capital Funds Investments Pte. Ltd.65, Ubi Crescent,
#06-07, Hola Centre,
Singapore 408559
165/201962817736http://www.loancfi.com
33Cash Check Singapore Pte. Ltd.726, Ang Mo Kio Avenue 6,
#01-4166,
Singapore 560726
122/201965381742http://www.cashcheck.com.sg
34Cash Direct Pte. Ltd.1187, Upper Serangoon Road,
#01-16, The Midtown,
Singapore 533971
101/201966351300http://www.cashdirect.sg
35Cash Mart Pte. Ltd.277, Balestier Road,
Singapore 329726
182/201963974111http://www.cashmart.sg
36Cashmax Credit Pte. Ltd.810, Geylang Road,
#01-56, City Plaza,
Singapore 409286
78/201962215480https://www.cashmax.com.sg
37Credit 21 Pte. Ltd.10, Anson Road,
#01-07, International Plaza,
Singapore 079903
38/201962211811http://www.credit21.com.sg
38Credit 89 (Sg) Pte. Ltd.200, Jalan Sultan,
#04-21B, Textile Centre,
Singapore 199018
179/201963980909-
39Credit Assist Pte. Ltd.101, Upper Cross Street,
#01-15, People'S Park Centre,
Singapore 058357
24/202065678869-
40Credit Culture Pte. Ltd.9, Craig Road,
#02-01,
Singapore 089669
57/201969217300http://www.creditculture.sg
41Credit Empire Enterprise Pte. Ltd.1, Park Road,
#01-16, People'S Park Complex,
Singapore 059108
36/201967337018http://www.creditempire.sg
42Credit Excel Capital Pte. Ltd.192, Waterloo Street,
#6F-03-05, Sky Line Building,
Singapore 187966
123/201963370055http://www.creditexcel.sg
43Credit Hub Capital Pte. Ltd.190, Middle Road,
#10-01A, Fortune Centre,
Singapore 188979
139/201963385115http://www.credithubcapital.sg
44Credit King Pte. Ltd.101, Upper Cross Street,
#01-27, (Part)& #B1-49 People'S
Park Centre,
Singapore 058357
39/201962221788-
45Credit Matters Pte. Ltd.801, Geylang Road,
#02-01,
Singapore 389681
98/201966363233http://www.creditmatters.com.sg
46Credit Thirty3 Pte. Ltd.304, Orchard Road,
#02-88, Lucky Plaza,
Singapore 238863
1/202062922931http://www.creditthirty3.com.sg
47Credit Xtra Pte. Ltd.101, Upper Cross Street,
#01-05C, People'S Park Centre,
Singapore 058357
102/201963388829http://www.creditxtra.com.sg
48Creditmaster Pte. Ltd.1, Park Road,
#01-50, People'S Park Complex,
Singapore 059108
40/201967481338http://www.creditmaster.sg
49Dio Credit Pte. Ltd.810, Geylang Road,
#01-115/6, City Plaza,
Singapore 409286
150/201963966215http://www.diocredit.com.sg
50Elite Investment & Credit Pte. Ltd.799, Geylang Road,
#01-01,
Singapore 389680
89/201967907161http://www.eliteloans.com.sg
51Empire Global Pte. Ltd.513, Bishan Street 13,
#01-514,
Singapore 570513
41/201962591883http://www.applypersonalloans.sg
52Emvertex Credit (Sg) Pte. Ltd.200, Jalan Sultan,
#02-33, Textile Centre,
Singapore 199018
151/201962916868http://www.emvertexcredit.com
53Excel Credit (Pte.) Ltd.Blk 449, Clementi Avenue 3,
#01-241, (Plot B),
Singapore 120449
3/202062202937http://www.excelcredit.sg
54Ez Loan Pte. Ltd.I:
3, Beach Road,
#01-4853, Beach Road Gardens,
Singapore 190003
Ii:
1, Tanjong Pagar Plaza,
#02-49,
Singapore 082001
21/202062222529http://www.ezloan.com.sg
55Ez Pte. Ltd.765, Geylang Road,
Singapore 389663
18/202064400822http://www.ezmoneylender.com.sg
56Fast Money Pte. Ltd.I:
101, Yishun Avenue 5,
#01-39,
Singapore 760101
Ii:
505, Tampines Central 1,
#01-341,
Singapore 520505
143/201962244749http://www.fastmoney.com.sg
57Fong Chin Capital Pte. Ltd.129, Bedok North Street 2,
#01-42,
Singapore 460129
124/201964455022http://www.fongchincapital.com.sg
58Fortune Credit Pte. Ltd.470, North Bridge Road,
#02-01A, Bugis Cube,
Singapore 188735
49/201967771887http://www.fortunecredit.com.sg
59Gain Credit Pte. Ltd.807, Yishun Ring Road,
#01-4197,
Singapore 760807
172/201964380113https://gaincredit.co
60Galaxy Credit And Investments Pte Ltd709, Ang Mo Kio Avenue 8,
#01-2595,
Singapore 560709
181/201964382322http://www.galaxycredit.com.sg
61Gm Creditz Pte. Ltd.111, North Bridge Road,
#01-41, Peninsula Plaza,
Singapore 179098
115/201965881886http://www.gmcreditz.com
62Gold Allianze Capital Private Limited1, Rochor Canal Road,
#01-03, Sim Lim Square,
Singapore 188504
42/201963386956http://www.goldallianze.com.sg
63Golden Credit (S) Pte. Ltd.101, Upper Cross Street,
#01-05F, People'S Park Centre,
Singapore 058357
43/201962241300http://www.goldencredit.com.sg
64Goldstar Credit Pte. Ltd.I:
183, Toa Payoh Central,
#01-254,
Singapore 310183
Ii:
1187, Upper Serangoon Road,
#01-21, The Midtown,
Singapore 533971
144/201963840088http://www.goldstarcredit.co
65Gs Credit Pte. Ltd.1, Gateway Drive,
#06-08, Westgate,
Singapore 608531
125/201965630321http://www.jurongmoneylender.sg
66Gt Credit Pte. Ltd.178, Toa Payoh Central,
#01-202,
Singapore 310178
15/202067428154http://www.gtcredit.com.sg
67Gv Credit Pte Ltd101, Joo Chiat Road,
Gv Building,
Singapore 427395
126/201963450233-
68Happy Cash Pte. Ltd.465, North Bridge Road,
#01-5083,
Singapore 191465
20/202062914312http://www.88personalloansingapore.com
69Hersing Credit Pte Ltd21, Tampines Street 92,
#05-00, H C Design Centre,
Singapore 528891
127/201962722000-
70Hhl Credit Pte. Ltd.1, Rochor Canal Road,
#01-04, Sim Lim Square,
Singapore 188504
13/202067321998https://hhlcreditpl.com
71Hms Credit Pte Ltd189, Selegie Road,
#B1-11, Selegie Centre,
Singapore 188332
103/201963339061-
72Horison Credit Pte. Ltd.1, Park Road,
#01-15, People'S Park Complex,
Singapore 059108
7/202068442902-
73Hs Credit Pte. Ltd.3, Coleman Street,
#04-32, Peninsula Shopping
Complex,
Singapore 179804
87/201963377782-
74Hup Hoe Credit Pte. Ltd.1, Rochor Canal Road,
#01-01, Sim Lim Square,
Singapore 188504
116/201962549441http://www.huphoecredit.com.sg
75I-Credit Pte. Ltd.82, Lorong 23 Geylang,
#05-02, Atrix,
Singapore 388409
117/201962225222http://www.icredit.com.sg
76Ifs Consumer Services Private Limited10, Eunos Road 8,
#09-04, Singapore Post Centre,
Singapore 408600
110/201963030306https://www.fridayfinance.sg
77Ignis Montis Pte. Ltd.704, Ang Mo Kio Avenue 8,
#01-2545,
Singapore 560704
91/201967896653-
78Ip Credit Pte. Ltd.185, Toa Payoh Central,
#01-332,
Singapore 310185
99/201962228993-
79Jd Credit Pte. Ltd.531, Upper Cross Street,
#01-38, Hong Lim Complex,
Singapore 050531
44/201962927717http://www.jdcredit.com.sg
80Jefflee Credit Pte. Ltd.131, Jurong Gateway Road,
#01-261,
Singapore 600131
128/201965155969http://www.jeffleecredit.com.sg
81Jml Credit Pte. Ltd.756, Upper Serangoon Road,
#04-13, Upper Serangoon
Shopping Centre,
Singapore 534626
65/201962821135-
82Jnb Credit Pte. Ltd.175, Bencoolen Street,
#01-25, Burlington Square,
Singapore 189649
92/201965541857-
83Jothi Moneylender Pte. Ltd.5001, Beach Road,
#07-63, Golden Mile Complex,
Singapore 199588
94/201962982511-
84Jr Credit (S) Pte. Ltd.304, Orchard Road,
#02-14, Lucky Plaza,
Singapore 238863
33/201967373022http://www.jrcredit.sg
85Kaiiron Pte. Ltd.111, North Bridge Road,
#05-15A, Peninsula Plaza,
Singapore 179098
86/201962621813-
86Karthik Money Lending Pte. Ltd.238, Serangoon Road,
Singapore 218085
61/201962918194-
87Katong Credit Pte. Ltd.304, Orchard Road,
#02-30/31, Lucky Plaza,
Singapore 238863
10/202062912210http://www.katongcredit.com.sg
88Kbb Credit Sd Private Limited111, North Bridge Road,
#01-35, Peninsula Plaza,
Singapore 179098
145/201962556998http://www.kbbcredit.sg
89Khalon & Gill Moneylenders Pte. Ltd.1, North Bridge Road,
#B1-25-A, High Street Centre,
Singapore 179094
152/201963921251-
90Kim Eng Finance (Singapore) Pte Ltd50, North Canal Road,
#03-01,
Singapore 059304
104/201962315219-
91Kr Rm Ramasamy Pte. Ltd.238A, Serangoon Road,
Singapore 218085
170/201962925506-
92Kst Credit Pte. Ltd.220, Orchard Road,
#01-01, Midpoint Orchard,
Singapore 238852
105/201962555225http://www.kstcredit.com.sg
93Lending Bee Pte. Ltd.I:
14, Scotts Road,
#02-44/45, Far East Plaza,
Singapore 228213
Ii:
190, Lorong 6 Toa Payoh,
#01-548,
Singapore 310190
Iii:
213, Bedok North Street 1,
#01-111,
Singapore 460213
Iv:
135, Jurong Gateway Road,
#01-335,
Singapore 600135
54/201962428733http://www.lendingbee.com.sg
94Lian Fong Capital Pte. Ltd.96, Jalan Jurong Kechil,
Singapore 598599
147/201964683948-
95Magnus Credit Pte. Ltd.301, Ubi Avenue 1,
#01-279,
Singapore 400301
25/202063389891http://www.magnuscredit.com.sg
96Majestic Credit Pte. Ltd.101, Upper Cross Street,
#01-26B/G, People'S Park Centre,
Singapore 058357
5/202067772772http://www.majesticcredit.com.sg
97Max Credit Pte. Ltd.1, Sophia Road,
#01-15, Peace Centre,
Singapore 228149
106/201963364144http://www.maxcredit.sg
98Mm Credit Pte. Ltd.217, Bedok North Street 1,
#01-63,
Singapore 460217
9/202062262207http://www.mmcredit.com.sg
99Monetium Credit (S) Pte. Ltd.10, Jalan Besar,
#01-01, Sim Lim Tower,
Singapore 208787
177/201967777775http://www.monetiumcredit.com.sg
100Moneyplus Capital Pte. Ltd.371, Beach Road,
#01-03, City Gate,
Singapore 199597
17/202065519052http://www.moneyplus.com.sg
101Motor-Way Credit Pte Ltd1094, Lower Delta Road,
Motorway Building,
Singapore 169205
129/201964662200-
102Mwa Capital Pte. Ltd.3, Phillip Street,
#13-01, Royal Group Building,
Singapore 048693
141/201965572275-
103New Era Credit (S) Pte. Ltd.50, East Coast Road,
#02-58, Roxy Square,
Singapore 428769
107/201963458801-
104Oasis Credit Services Pte. Ltd.442, Clementi Avenue 3,
#01-87,
Singapore 120442
56/201967771121-
105On Line Credit Pte LtdBlk 210, New Upper Changi Road,
#01-731, (Half Portion Only),
Singapore 460210
11/202064459166http://www.onlinecredit.com.sg
106Orange Credit Pte. Ltd.810, Geylang Road,
#01-91, City Plaza,
Singapore 409286
81/201967482320http://www.orangecredit.com.sg
107Ot Credit Pte. Ltd.135, Jurong Gateway Road,
#01-323,
Singapore 600135
118/201962920119-
108Phillip Credit Pte. Ltd.250, North Bridge Road,
#06-00, Raffles City Tower,
Singapore 179101
130/201968127072-
109Pit-Stop Credit (Sg) Pte. Ltd.200, Jalan Sultan,
#02-27A, Textile Centre,
Singapore 199018
64/201962971909-
110Pl Credit Pte. Ltd.77, High Street,
#09-15, High Street Plaza,
Singapore 179433
72/201966816494-
111Platinum Credit Pte. Ltd.1, Coleman Street,
#01-11, The Adelphi,
Singapore 179803
140/201963330888http://www.platinumcredit.com.sg
112Power Credit Enterprise Pte. Ltd.1, Tras Link,
#01-11, Orchid Hotel,
Singapore 078867
169/201962865389http://www.powercreditsg.com
113Pr Vr Capital Pte. Ltd.77, High Street,
#09-15, High Street Plaza,
Singapore 179433
71/201963380807-
114Prime Motor & Leasing Pte. Ltd.61, Ubi Avenue 2,
#01-03, Automobile Megamart,
Singapore 408898
131/201967419292-
115Prosper Credit Pte. Ltd.186, Toa Payoh Central,
#01-420,
Singapore 310186
108/201962262320-
116Qiannow Pte. Ltd.60, Paya Lebar Road,
#07-32, Paya Lebar Square,
Singapore 409051
111/201963878623-
117Quick Credit Pte Ltd2, Jurong East Street 21,
#04-01A, Imm Building,
Singapore 609601
34/201968996188http://www.quickcredit.com.sg
118Quickloan Pte. Ltd.10, Anson Road,
#01-15, International Plaza,
Singapore 079903
63/201962231788http://www.quickloan.com.sg
119Qv Credit Pte. Ltd.175A, Bencoolen Street,
#11-08, Burlington Square,
Singapore 189650
100/201968357775http://www.qvcredit.sg
120R2D Credit Pte. Ltd.Blk 846, Yishun Ring Road,
#01-3661,
Singapore 760846
14/202066351595http://www.r2dcredit.com.sg
121Raffles Credit Pte Ltd17A, Circular Road,
Singapore 049373
83/201962351788http://www.bestmoneylender.sg
122Rjs Credit Pte. Ltd.77, High Street,
#04-06, High Street Plaza,
Singapore 179433
66/201963394022-
123Rm Credit Pte. Ltd.2, Havelock Road,
#01-17, Havelock2,
Singapore 059763
175/201962355335http://www.rmcredit.com.sg
124Rm R Credit Pte. Ltd.29A, Upper Dickson Road,
Singapore 207488
60/201963960676-
125S G Credit Pte. Ltd.33D, Benoi Road,
#03-00, Pioneer Lot,
Singapore 627788
109/201962615044-
126S P Credit Pte. Ltd.43A, Campbell Lane,
#02-00,
Singapore 209915
53/201962916396-
127S.E. Investment Pte. Ltd.100, Eunos Avenue 7,
#03-25, San Teh Industrial
Building,
Singapore 409572
160/201965693957http://www.seinvestment.com.sg
128Sands Credit Pte. Ltd.175, Bencoolen Street,
#01-06, Burlington Square,
Singapore 189649
142/201962250268http://www.sandscredit.com.sg
129Sgp Credit Singapore Pte. Ltd.133, Jurong Gateway Road,
#01-299,
Singapore 600133
8/202064661157http://www.sgpcredit.com.sg
130Shanmugan Moneylender Pte. Ltd.10, Jalan Besar,
#13-05A, Sim Lim Tower,
Singapore 208787
77/201962978574-
131Sighappi Achi Moneylender (Sg) Pte. Ltd.25, Norris Road,
#2,
Singapore 208267
76/201963417450-
132Sincere Moneylender Pte. Ltd.13 , Jalan Besar,
(Level 1 Only),
Singapore 208789
119/201962852261-
133Singa Credit Pte Ltd470, North Bridge Road,
#02-01, Bugis Cube,
Singapore 188735
146/201966946166http://www.singacredit.com
134Skm Credit Pte. Ltd.185, Toa Payoh Central,
#01-334,
Singapore 310185
22/202063365148http://www.skmcredit.sg
135Sme Care Pte. Ltd.5, Jalan Kilang Barat,
#07-02, Petro Centre,
Singapore 159349
132/201962710023http://www.smecare.com.sg
136Soon Seng Credit Pte. Ltd.711, Ang Mo Kio Avenue 8,
#01-3501A,
Singapore 560711
85/201962925693https://soonsengml.com/
137Su Credit Pte. Ltd.175, Bencoolen Street,
#01-36, Burlington Square,
Singapore 189649
133/201966365644http://www.sucredit.com.sg
138Sumo Credit Pte. Ltd.190, Middle Road,
#02-06, Fortune Centre,
Singapore 188979
6/202063360766http://www.sumo.com.sg/developers
139Swift Credit Pte. Ltd.1, Sophia Road,
#01-37, Peace Centre,
Singapore 228149
171/201963830418http://www.swiftcredit.sg
140Synergy Credit Pte. Ltd.140, Upper Bukit Timah Road,
#02-18, Beauty World Plaza,
Singapore 588176
178/201964660049http://www.syncredit.com
141Tan & Jiang Enterprise Pte. Ltd.201D, Tampines Street 21,
#03-1155,
Singapore 524201
19/202067866098-
142The Moneylenders Pte. Ltd.7A, Tech Park Crescent,
Singapore 637839
134/201968628633http://www.skatool.com
143Tkm Creditz Pte. Ltd.43A, Campbell Lane,
#02-00,
Singapore 209915
52/201962938523-
144Tradition Credit Co Pte Ltd810, Geylang Road,
#01-81, City Plaza,
Singapore 409286
154/201968469108http://www.traditioncredit.com.sg
145Trillion Credit Solutions Pte. Ltd.I:
101, Upper Cross Street,
#01-26/A, People'S Park Centre,
Singapore 058357
Ii:
304, Orchard Road,
#02-12,
Singapore 238863
176/201965090111http://www.trillioncredit.com.sg
146Tur Mohar Money Lending Pte. Ltd.5001, Beach Road,
#07-39, Golden Mile Complex,
Singapore 199588
93/201962942219-
147U Credit (Pte.) Ltd.180, Bencoolen Street,
#01-19, The Bencoolen,
Singapore 189646
180/201963371768http://www.ucredit.sg
148Uk Credit (S) Pte. Ltd.210, New Upper Changi Road,
#01-723,
Singapore 460210
73/201964487448-
149Unilink Credit Pte. Ltd.35, Selegie Road,
#10-27, Parklane Shopping Mall,
Singapore 188307
174/201963380690http://www.unilinkcredit.com.sg
150Uniqcash Pte. Ltd.7A, Trengganu Street,
Singapore 058461
47/201969103483-
151United Credit Pte. Ltd.275, Thomson Road,
#01-21, Novena Regency,
Singapore 307645
90/201962220227http://www.unitedcredit.com.sg
152Unlimited Finance Pte. Ltd.162, Bukit Merah Central,
#01-3541,
Singapore 150162
173/201962994666http://www.unlimitedfinance.com.sg
153Vera Capital Pte. Ltd.302, Ubi Avenue 1,
#01-33B,
Singapore 400302
135/201967411011-
154Vm Credit Pte. Ltd.261, Waterloo Street,
#01-31, Waterloo Centre,
Singapore 180261
136/201964811788http://www.valuemaxcredit.com.sg
155Wah Leong Company (Private) Limited339, Jalan Besar,
Singapore 208984
2/202062970433-
156Winz Credit Pte. Ltd.I:
153, Serangoon North Avenue 1,
#01-530,
Singapore 550153
Ii:
Blk 124, Lorong 1 Toa Payoh,
#01-467,
Singapore 310124
138/201962526696-
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What to Know about Choosing the Best Private Licensed Money Lenders in Singapore

If you need to find a reliable licensed money lender Singapore, then you should first have a clear idea what these companies offer and ways to spot legal lenders to meet your needs. After all, dealing with illegal lenders can only cause you so much problems later on, and you might end up having tougher financial issues than when you first started working with them. So, read this guide to choosing licensed Singapore money lenders and make the best decision that you will never regret.

Find a reliable best licensed money lender in Singapore

What is a Licensed Money Lender?

A licensed money lender in Singapore is recognised and regulated by the Registry of Money Lenders. Ministry of Law has organised a list that monthly update the approved licensed money lenders in Singapore. These lenders possess valid and updated operational license that are in line with those that are posted at the Registrar of Money Lenders’ Office.

To bear this in mind, you should search for the license number from the moneylender’s website, then check if the numbers confirm with the companies indicated in the Registry of Moneylenders. This list serves the same purpose as Easy Credit, in which it identifies and outlines the credible moneylenders available in Singapore. This directory provides great assistance as it shortens the amount of time spent researching on the ideal lender that perfectly matches with your needs.

What is a Licensed Money Lender?

How Does Private Money Lender Work?

When you have selected a money lender, you are required to go through the application process. Basically, the standard loan procedures are very easy and simple. You can simply fill up the loan enquiry online via their platform or make a trip down to their office. As such, you can expect to get your personal loan or payday loan approved immediately in just a couple of minutes. All you need is to provide your relevant and valid personal information such as contact details, employment status, pay slip and other basic necessary supported documents that most money lenders would need in order to proceed with your loan application.

Whereas for the loan packages available, you have a selection of variety of credit offered by the legal authorised moneylender. Majority of the private money lenders in Singapore offer their potential borrowers a range of fast loan options, which include personal loans, payday loans, foreigner loans and a handful of others choices that caters to the borrowers’ needs. It is only a matter of deciding on the loan package that suits your concerns before signing and proceeding with the loan application.

How Does Money Lender Work?

What Ministry of Law – Registry of Moneylenders Want You to Know

The Registry of Moneylenders has updated its regulations and announced that loans are subjected to the following restrictions:

  • Lenders are not allowed to disclosed any information about their borrower without written consent;
  • Which includes your SingPass user ID and/or password.
  • With effect from 1 October 2015, moneylenders can only charge maximum interest rate of 4% per month.
  • Administrative fee of not more than 10% of the principle upon approval of the loan granted.
  • The maximum rate of late interest a moneylender can charge is 4% per month for each month the loan is repaid late.
  • Late repayment fee charge not exceeding $60 for each month.
  • Total borrowing amounts (which includes late fees, interest rate, late interest rate and etc) are not to be exceed more than 100% of the loan amount.

Should there be any such cases as listed above, you have the rights to complaint to Ministry of Law as you are protected by Moneylender Act. Know your rights and protect yourself. The complete Guide to Borrowing from Licensed Moneylenders can be found here.

Updated: 27 June, 2017

What MinLaw – Registry of Moneylenders Want You to Know

FAQs – Frequently Asked Questions About Money Lender

You should understand what you are signing up for, understand what are your needs and understand the terms and conditions well. Also, you are legally obligated to fulfil the contract when signed.

You can now apply online to get in-principle approval first or head down to moneylender’s office if you want to get a quick loan as the staffs can attend to you immediately and process everything on the spot.

According to the regulations, potential borrowers need to be physically present upon application, as the staffs need to obtain supporting documents such as your details. Majority of moneylender in Singapore do not offer any kind of loans over the phone

For secured loans, you can obtain a loan of any amount. For unsecured loans, please refer to the table below for the total maximum amount that you may borrow at any time across all licensed moneylenders in Singapore:

For Singaporean / PR

Borrower’s Annual Income:

  • Less than S$10,000:
    Loan Amount: S$3,000
  • At least $10,000 and less than S$20,000:
    Loan Amount: S$3,000
  • At least S$20,000:
    Loan Amount: Up to 6 x Monthly Income

For Foreigner

Borrower’s Annual Income:

  • Less than S$10,000:
    Loan Amount: S$1,500
  • At least $10,000 and less than S$20,000:
    Loan Amount: S$3,000
  • At least S$20,000:
    Loan Amount: Up to 6 x Monthly Income
FAQs – About Money Lender Singapore

Notes to Borrowers in Singapore

Notes to all borrowers when borrowing money from Licensed Money Lenders. It is essential to first determine the interest rates offered by the licensed moneylender before you make a final decision of taking out a personal loan / payday loan. Thus, it helps if you begin by comparing rates and guidelines that can help you determine if the terms offered will meet your current financial situation.

Prior to signing the agreement licensed lender, check if there are hidden fees, clauses or other details you need to know. Choose money lenders that offer affordable interest rates and reasonable repayment schedules. If there is anything unclear in the contract, simply clarify these details with your lender before signing up your loan application form.

Most importantly, be sure that you have the ability to make the loan repayment within the agreed date and fully understand completely the details presented in the contract before you sign anything with money lenders. The draft given to you by the moneylender should be written in a language that you can understand. If you need assistance, you may also want to consult a lawyer who can help explain the details to you. Blindly signing any contract may put you in deep trouble eventually. So, if there are doubtful items stipulated in the contract, you can always walk away and look for a better lender. After all, it is ultimately your choice whether to take out a loan from a particular lender or find another one that meets your concerns.

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