5.00 (1000 reviews)
$10,000,000
Our loans are tailored to turn your ambitions into reality. From buying a home to starting a business or pursuing your education, we provide support every step of the way. With flexible plans and customized solutions, we’re here to help you reach your goals and step forward with confidence.
QUICK & SIMPLE LOAN APPLICATION
Requires less than 5 minutes. Submit your application online or complete it at our office.
Submit your online application and expect a call from our loan advisors within 1 business day.
Your cash will be disbursed on the same day.
For Singpass Holder (Recommended)
A licensed money lender in Singapore is a registered and legally authorized entity approved by the Ministry of Law’s Registry of Moneylenders to provide loan services.
These money lenders must hold a valid license to operate lawfully, whether online or in person, at their officially registered business address.
The Moneylenders Act is the legislation governing licensed money lending in Singapore. It ensures that authorised money lenders operate within clear legal boundaries, regulating their business practices, the management of a credit bureau, and the handling of borrowers’ information for loan applications.
It protects both borrowers and lenders by providing a structured framework for ethical and lawful money lending activities.
While most banks require at least a day for loan applications to be approved, legal lenders, We assure that you can get your cash shortly after an hour!
All licensed money lenders can charge a monthly interest rate up to 4% per month. This cap applies regardless of the borrower’s income and the type of the loan (either secured or unsecured).
In addition, legal lenders are only allowed to impose the following charges and fees:
a fee not exceeding $60 for each month of late repayment;
a fee not exceeding 10% of the principal of the loan when a loan is granted; and
legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.
The total charges imposed by a moneylender on any loan, consisting of interest, late interest, upfront administrative, and late fee also cannot exceed an amount equivalent to the principal of the loan.
You can apply for more than one loan, making your application subject to evaluation to guarantee that you do not over-borrow and suffer from financial burden.
A personal loan is a type of instalment loan, which allows you to borrow a fixed amount of money and pay it back with interest in monthly payments. Its amounts vary from lender to lender but what you qualify for is based on your credit health. It’s ideal for medical emergencies, home renovation projects, vacation plans, and other big-ticket expenses.
We offer different loan plans with different repayment schedules.
You will be able to choose one that best fits your needs:
– Weekly
– Bi-weekly
– Monthly
No guarantors are required for personal loan applications with us.
Instant money lenders provide fast loan processing, approval, and fund disbursement. However, they still require in-person verification of your identity at their registered office.
Top quick and reliable money lenders in Singapore, such as 1apexcredit, can approve your loan and disburse funds in under 30 minutes, as long as all necessary documents are submitted.
Banks in Singapore often cater to larger loans with longer loan terms. Also, they require a longer processing time due to the bank’s hierarchy system and red tape.
For licensed moneylenders such as 1ApexCredit, we minimize the documents needed for the loan application. We will only request your identity and income proof. Our application process is also hassle-free and can be made online.
5 minutes is all it takes to fill up our online loan application form. Our friendly loan officers will then get back within a few hours to follow up with you.
For foreigners residing in Singapore, here’s how much you can borrow with us:
– If your annual income is less than $10,000, you are eligible for a loan of up to $500.
– If your annual income is between $10,000 to $20,000, you are eligible for a loan of up to $3,000.
– If your annual income is at least $20,000, you can borrow up to 6 times of your monthly income.
For Singaporeans and Permanent Residents, here’s how much you can borrow with us:
– If your annual income is less than $20,000, you are eligible for a loan of up to $3,000.
– If your annual income is at least $20,000, you are eligible to loan up to 6 times your monthly income.
Your eligible amount will be determined by your assessed ability to repay and your annual income. Those who submit all the completed required documents will tend to have a higher approval rate.
