When you’re looking for a licensed money lender near Gul Circle, Singapore, it’s important to find trusted and reliable options. You may need a loan for personal reasons or to support your business, and finding the right lender can make a significant difference.
You want a lender that offers favourable terms, low-interest rates, and flexible repayment options. This article will guide you through some of the best licensed money lenders in the Gul Circle area, helping you make an informed decision without any hassle.
1) BEST LICENSED MONEYLENDER PTE LTD: Best Licensed Money Lender
Visiting BEST LICENSED MONEYLENDER PTE LTD feels like a breath of fresh air. The moment you walk into their office, you are greeted with a warm and welcoming atmosphere. Their staff are friendly and approachable, making the whole loan application process smooth and hassle-free.
What sets this place apart is their efficiency. You can have your loan approved on the same day, and the terms are clearly explained without any hidden clauses. They offer a range of loans, from personal to business and even renovation loans, catering to various financial needs.
With over 30 years of experience and thousands of satisfied customers, you can trust them to provide reliable and legitimate loan services. Their quick and straightforward process ensures you can handle any financial hiccup with ease.
Rating: 5 (619 reviews)
Location: 13 North Bridge Rd, #01-3984, Singapore 190013
Contact: +65 6224 2224
Website: https://bestlicensedmoneylender.com.sg/
2) 365 Credit Solutions: Best Licensed Money Lender Singapore Orchard Far East Plaza | Personal Loan Singapore | Foreigner Loan
When you step into 365 Credit Solutions at Orchard Far East Plaza, you’ll notice the friendly staff ready to assist you. They are known for their customer service, making sure you feel comfortable and informed throughout the process.
The team clearly explains their terms and conditions. Loans have a maximum monthly interest rate of 4%. If you’re late on payments, the late interest rate is also capped at 4% per month. They only charge fees on overdue amounts, ensuring fairness.
Fees are transparent. You will only pay a fee of up to SGD 60 for each month of late interest and a one-time administration fee of up to 10% of the principal when you take out the loan. Legal costs are only added if ordered by the court.
Rating: 5 (707 reviews)
Location: 14 Scotts Rd, #03-63, Far East Plaza, Singapore 228213
Contact: +65 6222 5500
Website: https://www.365credit.com.sg/
3) Best Credit | Licensed Moneylender Singapore | Best Personal Loan Review 372
When you visit Best Credit in Bukit Batok, you’ll receive excellent service and a warm welcome. The staff is very helpful and takes the time to understand your needs. They clearly explain the different loan options and make sure you feel comfortable throughout the process.
The office at Bukit Batok is clean and well-organised. It gives a professional vibe, making you feel secure about taking a loan from them. The convenient location also makes it easy to pop in whenever you need assistance or have any questions.
One great thing about Best Credit is their efficiency. You won’t have to wait long for your loan approval. The process is straightforward and quick, ensuring you get your funds without unnecessary delays.
Rating: 5.0 (735 reviews)
Location: 372 Bukit Batok Street 31, #01-378, Singapore 650372
Contact: +65 6272 5538
Website: https://bestcredit.sg/
4) Quick Credit | Licensed Moneylender Jurong | Best Personal Loan
You’ll find Quick Credit to be a top-notch choice for personal loans in Jurong. Located conveniently in the IMM Building, this licensed moneylender offers a smooth and swift service. The staff are friendly and helpful, guiding you every step of the way.
Applying for a loan here is straightforward. You can start the process online or visit their office. You’ll need some documents like your NRIC or Work Pass, and the latest 3 months’ payslips. Their team reviews your application quickly and provides clear information about loan terms and repayment options.
Customers often praise Quick Credit for its reliability and speed. Whether you need money for daily expenses, a holiday, or new gadgets, they are ready to help. You can also pay off your loan early without extra charges. If you need to borrow more, they welcome you to discuss top-ups.
Rating: 5 (2000 reviews)
Location: 2 Jurong East Street 21, #04-01A, Singapore 609601
Contact: +65 6899 6188
Website: https://www.quickcredit.com.sg/
5) GS Credit Pte. Ltd. Best Licensed Moneylender in Clementi
When you visit GS Credit Pte. Ltd. in Clementi, you’ll be greeted by friendly staff eager to help you. The office is a short walk from Clementi MRT, making it easy to find. The atmosphere is welcoming, and the process is quick and efficient.
GS Credit offers various loan types like personal loans, foreigner loans, and even wedding loans. If you’re in a hurry, their fast processing time can be a lifesaver. The terms are flexible, and the interest rates are some of the best around.
One impressive aspect is their transparency. The team ensures you understand all terms before you sign anything. You’ll feel confident knowing exactly what you’re getting into, with no hidden fees or surprises.
Their service is highly rated by many satisfied clients, reflecting their commitment to professionalism and customer care.
Rating: 4.9 (651 reviews)
Location: 449 Clementi Ave 3, #01-241B, Singapore 120449
Contact: +65 6563 0321
Website: https://www.gscredit.com.sg/
6) Dio Credit | Ang Mo Kio Best Licensed Moneylender | Quick Loan Singapore
When you visit Dio Credit in Ang Mo Kio, you’ll notice their great customer service. They take the time to listen to your needs and offer loan solutions that work for you. Their approval rate is impressive, and many customers leave happy.
The staff at Dio Credit are professional and friendly. They explain everything clearly and make the loan process quick and stress-free. Whether you’re a first-time borrower or a returning customer, you’ll be attended to promptly.
Dio Credit operates 24 hours a day, making it convenient for you to get a loan when you need it most. They offer a variety of loan options, and their transparent practices ensure there are no hidden fees.
Rating: 5 (1600 reviews)
Location: Blk 702 Ang Mo Kio Ave 8, Singapore 560702
Contact: +65 6250 1000
Website: http://www.diocredit.com.sg/
7) Trillion Credit Solutions Lucky Plaza Branch | Licensed Moneylender Orchard Road | Debt Consolidation Loan | Personal Loan
When you visit Trillion Credit Solutions at Lucky Plaza, you’ll find a friendly and professional service. The staff are highly skilled and helpful, making sure you get the best solutions for your financial needs. They truly care about your circumstances and work diligently to create a repayment plan that fits your situation.
Located conveniently in the heart of Singapore on Orchard Road, this branch offers a range of services including debt consolidation and personal loans. The quick loan approval process stands out; you can have your loan approved and receive cash in less than an hour. This speedy process makes it easier to manage financial emergencies.
Moreover, you can apply for loans from the comfort of your home. Submit your application online, and a friendly consultant will contact you soon. They will invite you to the office to complete the necessary paperwork, ensuring a hassle-free experience. Trillion Credit Solutions is committed to protecting your personal information with the utmost confidentiality.
Rating: 5.0 (379 reviews)
Location: 304 Orchard Rd, #02-12, Lucky Plaza, Singapore 238863
Contact: +65 6509 0111
Website: https://www.trillioncredit.com.sg/
8) Moneyplus Capital | Best Licensed Money Lenders In Town | Personal Loan
If you’re looking for a reliable licensed money lender, Moneyplus Capital is a top choice. They offer a quick and smooth process, making it easy to get the help you need. The staff, especially Cindy, are known for being polite and friendly, ensuring that you feel comfortable throughout the entire process.
When you step into Moneyplus Capital, you’ll notice the comforting ambience right away. The employees are understanding and always ready to assist you with finding the best loan options. Many customers have praised the staff for their professionalism and for listening carefully to their needs.
The service is not just fast, but also transparent. They’ll clearly explain what’s required, and the entire process, from enquiry to approval, is seamless. Moneyplus Capital ensures that you feel welcomed and supported, offering valuable advice and clear explanations.
Rating: 5 (501 reviews)
Location: 371 Beach Rd, #01-03, City Gate, Singapore 199597
Contact: +65 6591 8860
Website: https://moneyplus.com.sg/
9) A1 Credit: Best Licensed Money Lender Singapore | Urgent Personal Loan Singapore Chinatown | Foreigner Loan | Fast Cash Loan
A1 Credit is a great choice if you’re looking for a reliable money lender in Singapore. They’ve been around since 2009 and have built a solid reputation. When you visit their office, you’ll find the process quick and straightforward.
At A1 Credit, you can get your cash loan in just 60 minutes. Their application process is easy, and their staff are friendly and professional. They offer a variety of loans, including personal, foreigners, business, and bridging loans.
The company provides low-interest rates and flexible payment plans, ensuring you can manage your finances comfortably. Their services are 100% secure and confidential. You can apply online or by visiting their office.
Rating: 4.9 (812 reviews)
Location: 2 Havelock Rd, #02-08, Havelock II, Singapore 059763
Contact: +65 6336 0833
Website: http://www.a1credit.sg/
10) SGP Credit Singapore PTE LTD | Best Jurong Money Lender | Fast Approved Personal Loan
If you’re looking for a reliable money lender near Gul Circle, SGP Credit Singapore PTE LTD in Jurong is an excellent choice. The staff are known for their friendliness and professionalism. They ensure the loan application process is swift and stress-free. You can expect a quick call back and same-day cash disbursement.
The personal loans offered by SGP Credit cater to both Singaporeans and Permanent Residents. Whether you need extra money for daily needs or future plans, their personal loan programme has you covered. For business owners and entrepreneurs, they offer loans tailored for SMEs, easing the financial burden and helping your business thrive.
Many clients rave about the top-notch service provided by advisors like Mr Wang and Ms Tay. They are patient, polite, and thorough in explaining the details. The positive feedback highlights the efficiency and warm experience you’ll have when visiting SGP Credit. It’s clear that client satisfaction is a priority here.
The company is conveniently located at Jurong Gateway Road, making it easily accessible. With a strong reputation and high client ratings, this money lender stands out in the area. Visit their website or give them a call for more information on how they can assist you.
Rating: 5 (4600 reviews)
Location: Blk 133 Jurong Gateway Rd, #01-295, Singapore 600133
Contact: +65 6466 1157
Website: https://www.sgpcredit.com.sg/
Why Consider a Licensed Money Lender Near Gul Circle?
Choosing a licensed money lender near Gul Circle can be a wise decision for several reasons.
Convenience
Located in the western part of Singapore, Gul Circle is easily accessible. If you live or work nearby, a local money lender can save you time and effort. No need to travel far for financial services.
Fast Approvals
Licensed money lenders typically offer faster approval times compared to traditional banks. This can be especially helpful if you need urgent cash. You can expect a streamlined process designed to get funds to you quickly.
Flexible Loan Options
Money lenders in this area often provide a variety of loan options. These can range from small personal loans to larger business loans. This flexibility allows you to choose a loan that fits your specific needs.
Regulated and Trustworthy
Licensed money lenders are strictly regulated by Singapore’s Ministry of Law. This means you can trust their practices are legal and transparent. You are protected from unfair lending practices.
Personalised Service
Local money lenders often offer a more personalised service compared to big banks. They may work closely with you to understand your situation and offer tailored solutions. This can make the borrowing process more comfortable and less stressful.
Competitive Interest Rates
Interest rates from licensed money lenders can be competitive. They may offer rates that are comparable to, or even better than, traditional banks. Always compare rates to ensure you’re getting a good deal.
Easy Documentation
The documentation required by licensed money lenders is usually simpler. This reduces the hassle and speeds up the loan approval process. You won’t need to spend a lot of time gathering paperwork.
Accessibility
Licensed money lenders in Gul Circle are often more willing to lend to individuals with varying financial backgrounds. Even if you have a less-than-perfect credit history, you may still be eligible for a loan.
Finding a Reputable Licensed Money Lender
When looking for a licensed money lender near Gul Circle, it’s key to pick someone trustworthy. The Ministry of Law in Singapore lists all licensed moneylenders to help you make an informed choice.
Start by checking if the moneylender is licensed. It’s essential to confirm this to avoid dealing with unlicensed lenders, who can have unfair practices.
Personal visits can help you assess the lender’s legitimacy. Licensed moneylenders must meet you in person to verify your identity, ensuring they’re following proper guidelines.
Compare different lenders before deciding. Look at factors like interest rates, loan terms, and customer reviews. These can help you gauge the lender’s reliability and service quality.
You can find online reviews and client experiences to see how others rate their services. Positive feedback can be a good indicator that you’re making a safe choice.
Here’s a simple table to guide you through:
| Criteria | Importance |
|---|---|
| Licensing | Verify they are registered |
| Interest Rates | Compare for best deal |
| Customer Reviews | Check feedback |
| Personal Meeting | Ensure they follow rules |
Taking these steps ensures that you choose a reputable lender who will provide clear and fair services. Stay clear of anyone who isn’t transparent or makes unrealistic promises.
Important Considerations Before Borrowing
When thinking about borrowing from a licensed money lender, there are a few things to keep in mind.
First, interest rates are crucial. Different lenders may offer varying rates, so comparing them can save you money. Always use caution to make sure you understand all the fees involved.
Second, check the reputation of the lender. Looking at online reviews and asking friends or family about their experiences can help you find a trustworthy lender.
Loan amount and terms are also important. Ensure the loan amount suits your needs without being excessive. Go through the repayment terms to confirm they are manageable for you.
Legal requirements are in place to protect you. Licensed money lenders must follow strict rules set by the government. Always confirm that the lender is officially licensed.
Lastly, be aware of any additional charges. These can include late payment fees or processing fees. Understanding these costs will prevent any surprises later on.
If you take these factors into account, borrowing will be safer and more efficient for you.
Frequently Asked Questions
Choosing the right licensed money lender is crucial for a secure and efficient loan process. Here are some common queries to help guide you through the process.
What should I consider when choosing a licensed money lender in Singapore?
When selecting a licensed money lender, check their reputation through reviews and client feedback. It’s also important to confirm their licensing with the Ministry of Law’s Registry of Moneylenders. Pay attention to interest rates and repayment terms.
Is borrowing from a licensed money lender a secure option?
Yes, borrowing from a licensed money lender is secure as they follow strict regulations set by the government. This ensures transparent terms and conditions, which protect your rights as a borrower. Always verify the lender’s license and look for reviews by previous clients.
How much am I eligible to borrow from a licensed money lender in Singapore?
The amount you can borrow depends on your income and whether you are a citizen, permanent resident, or foreigner. Generally, the maximum loan amount varies from $3,000 for low-income borrowers to 6 times your monthly income.
What are the lowest interest rates offered by licensed money lenders in Singapore?
Interest rates will vary between lenders, but the maximum interest rate licensed money lenders can charge is 4% per month. Always compare different lenders to find the most competitive rates.
Can foreigners apply for loans at licensed money lenders in Singapore?
Yes, many licensed money lenders provide loans to foreigners. Requirements usually include a valid employment pass and proof of income. Each lender may have specific criteria, so it’s best to check with them directly.
Where can I find a comprehensive list of licensed money lenders in Singapore?
You can find a comprehensive list of licensed money lenders on the Ministry of Law’s Registry of Moneylenders website. Additionally, resources like SBO.sg and OMY.sg provide curated lists and reviews to help you choose the best option.
Disclaimer: The information in this article is based on online resources from Singapore and serves as a guide. To ensure you have the most up-to-date information, we recommend verifying details with relevant Singaporean authorities or organizations. If you notice discrepancies, please inform us so we can update the information.