Finding a trusted licensed money lender near Bayfront, Singapore, can be essential for addressing various financial needs. Whether you’re looking for personal loans, business funding, or quick cash solutions, it’s important to choose a lender that’s reliable and reputable.
Knowing the best licensed money lenders helps you make informed decisions and avoid potential scams. A good lender offers competitive interest rates and excellent customer service, ensuring that your borrowing experience is smooth and stress-free.
1) BEST LICENSED MONEYLENDER PTE LTD: Best Licensed Money Lender
If you’re around Bayfront Singapore and need a reliable solution for financial needs, Best Licensed Moneylender Pte Ltd is a great option. When you walk in, you’ll notice the friendly and professional atmosphere. The staff are welcoming and ready to help with any questions you might have about their services.
They offer a range of loan options. Whether it’s a personal loan, a business loan, a payday loan, or even a renovation loan, they’ve got you covered. The loan application process is quick and straightforward. You can get approval and funds disbursed on the same day. This is ideal if you need immediate financial assistance.
What sets them apart is their dedication to customer satisfaction. You are treated with respect, and all your needs and concerns are addressed promptly. They also offer transparency in their loan agreements, ensuring you understand all the terms before signing.
Rating: 5 (619 reviews)
Location: 13 North Bridge Rd, #01-3984, Singapore 190013
Contact: +65 6224 2224
Website: https://bestlicensedmoneylender.com.sg/
2) 1 Fullerton Credit: Licensed Money Lender Singapore Telok Ayer Chinatown | Personal Loan Singapore | Foreigner Loan
You will find 1 Fullerton Credit in the heart of Singapore, conveniently located at Telok Ayer. This place is known for offering a wide range of loans that cater to different needs, from personal to foreigner loans. It’s a welcoming atmosphere that makes borrowing money simple and stress-free.
The loan application process here is impressively straightforward. You can start by either calling them or applying online. Once you’ve done that, you’ll have a face-to-face consultation to go over the details. After signing the agreement, you get your cash quite quickly.
1 Fullerton Credit has a solid reputation built on professionalism and efficiency. Many past clients have praised their customer-oriented approach, highlighting how easy it is to get through the whole process. The interest rates they offer are also quite reasonable, ensuring you don’t face any financial burdens.
They’ve been in business since 2009, which speaks volumes about their reliability and trustworthiness. If you’re looking for a dependable money lender near Bayfront Singapore, this one is worth considering.
Rating: 5 (686 reviews)
Location: 110A Telok Ayer St, Singapore 068579
Contact: +65 6588 1886
Website: https://1fullertoncredit.com.sg/
3) 365 Credit Solutions: Best Licensed Money Lender Singapore Orchard Far East Plaza | Personal Loan Singapore | Foreigner Loan
When you visit 365 Credit Solutions, you feel welcome right away. The staff are friendly and very professional. They guide you through the loan process with ease. Whether you need a personal loan or a loan for foreigners, they offer clear and simple terms.
Located in Far East Plaza, 365 Credit Solutions is easy to find. The office is clean and comfortable, providing a good environment for discussing your financial needs. They ensure you understand the loan terms fully before you sign anything.
They are licensed and follow all the rules set by Singapore’s government. This means they can only charge up to a 4% interest rate per month. They also have fair terms for late payments, so you know exactly what to expect.
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/
4) Moneyplus Capital | Best Licensed Money Lenders In Town | Personal Loan
When you visit Moneyplus Capital, you’ll notice the friendly and inviting atmosphere right away. The staff are polite and eager to help, making the loan process feel smooth and easy.
The office is comfortable, and you will feel welcomed the moment you step in. The staff listen carefully to your needs and provide clear explanations about what is required for your loan.
Their service is quick and efficient. You can expect a transparent and reliable experience, with the entire process, from uploading documents to completing the interview, taking as little as 10 minutes.
Rating: 5 (502 reviews)
Location: 371 Beach Rd, #01-03, City Gate, Singapore 199597
Contact: +65 6591 8860
Website: https://moneyplus.com.sg/
5) Fortune Credit: Fast Cash Legal Moneylender Singapore | Personal Loan Singapore Bugis | Foreigner Cash Loan
If you’re looking for a trustworthy moneylender in Bugis, Fortune Credit is a great choice. This establishment is known for its customer-friendly services and efficient loan processes. The staff are professional and approachable, making it easy to understand the loan options available to you.
One of the standout features of Fortune Credit is their same-day cash loans. This means that once your loan agreement is signed, you can walk out with the cash in hand. They offer various types of loans, including personal, business, and payday loans, ensuring you can find an option that suits your needs.
The loan approval process at Fortune Credit is quick, often taking just 30 minutes. With a flexible repayment plan and no hidden fees, they provide a seamless borrowing experience. The office environment is welcoming, making you feel comfortable throughout the consultation.
Rating: 4.9 (501 reviews)
Location: 67 Beach Rd, #01-01, Bulkhaul House, Singapore 189688
Contact: +65 6777 1887
Website: https://fortunecredit.com.sg/
6) 1st Credit SG | Licensed Moneylender Singapore | Personal Loan | Near Bugis
You might find it really convenient to visit 1st Credit SG. Located in the Fu Lu Shou Complex behind Bugis Street, it’s just a short walk from Bugis MRT station. If you need help finding the place, you can call their number, and the friendly staff will guide you.
1st Credit SG has been serving customers since 1989. They are known for helping people with cash needs quickly, whether for medical emergencies or bills. They offer customised loan options based on your needs, making it a flexible choice.
Their staff are very knowledgeable and ready to provide financial advice. Whether you are a Singaporean, a Permanent Resident, or a foreigner living in Singapore, you’ll find their services tailored to your requirements. They are open every day, including weekends, which is perfect if you have a busy schedule.
Rating: 5 (549 reviews)
Location: 149 Rochor Rd, #01-07, Fu Lu Shou Complex, Singapore 188425
Contact: +65 6266 5422
Website: http://www.moneylenderhub.com/
7) A1 Credit: Best Licensed Money Lender Singapore | Urgent Personal Loan Singapore Chinatown | Foreigner Loan | Fast Cash Loan
When you visit A1 Credit, you will find a lender that prioritises quick and hassle-free service. Walking into their office, the friendly staff immediately makes you feel at ease. The process is streamlined, ensuring you can get your cash loan approved in just 30 minutes.
A1 Credit offers a variety of loan options tailored to your needs. Whether you are a local or a foreigner, they provide personal loans, business loans, and even fast cash loans. Their flexible payment plans and low interest rates make borrowing money less stressful.
The team at A1 Credit works hard to ensure your personal information is kept secure and confidential. They strictly follow the Moneylenders Act and Rules, allowing you to borrow with confidence. If you have a bad credit history, they still consider your application fairly and responsibly.
Rating: 4.9 (812 reviews)
Location: 2 Havelock Rd, #02-08, Havelock Ii, Singapore 059763
Contact: +65 6336 0833
Website: http://www.a1credit.sg/
8) GS Credit Pte. Ltd. Best Licensed Moneylender in Clementi
When you’re in Clementi, GS Credit Pte. Ltd. is a great option for money lending. Their office is clean and welcoming, making your visit pleasant. The staff are friendly and professional, guiding you through the loan application process smoothly.
One of the standout features is the speed of service. You can get your loan approved and disbursed quickly, often within an hour. This is perfect for anyone needing funds urgently, whether for personal needs, business, or even a wedding.
Each loan package is designed with flexibility in mind. Whether you’re a local or a foreigner, GS Credit offers tailored solutions that fit your needs. They pride themselves on their transparent processes and commitment to customer satisfaction.
Rating: 4.9 (651 reviews)
Location: 449 Clementi Ave 3, #01-241B, 4-min walk from Clementi MRT Exit A, Singapore 120449
Contact: +65 6563 0321
Website: https://www.gscredit.com.sg/
9) Quick Credit | Licensed Moneylender Jurong | Best Personal Loan
Quick Credit in Jurong is perfect if you’re looking for a fast and reliable personal loan. They understand how important it is to access funds quickly, whether it’s for day-to-day expenses or planning a dream holiday. The staff are friendly and make the process simple.
You will need just a few documents to apply, like your NRIC or Work Pass, and your latest three months’ payslip. They also need proof of address if you’re a foreigner. It’s straightforward, and the team is always ready to help you through each step.
The application process starts online, making it extremely convenient. Once you submit your details, you visit their office at the IMM Building for further discussion. They review your application thoroughly and, if approved, finalise the loan terms. The communication is clear, ensuring you know every detail.
Rating: 5 (2000 reviews)
Location: 2 Jurong East Street 21, #04-01A, Singapore 609601
Contact: +65 6899 6188
Website: https://www.quickcredit.com.sg/
10) KBB Credit Licensed Money Lender in Singapore | Best Personal Loan, Payday Loan City Hall
KBB Credit is a top-notch licensed money lender in Singapore. Walking into their office at Peninsula Plaza, you instantly feel welcomed by the friendly staff. Their service stands out because of their customised loan options and flexible repayment plans tailored to each client’s needs.
One thing you’ll appreciate is their fast approval process. Imagine walking in and having your loan approved within 30 minutes. The best part is that you get the cash immediately after approval—no long waits or hassle. Their competitive interest rates make borrowing more affordable.
The customer testimonials speak volumes about the excellent service at KBB Credit. Clients like Jeffrey Poh and Naing Lin Tun praise the flexible instalment plans and professional staff. You can tell they genuinely care about helping their clients manage finances better.
Their website is also quite user-friendly. You can easily apply for a loan and get in touch with them through their online platform. This convenience ensures you get the support you need without any delays.
Rating: 5.0 (705 reviews)
Location: 111 North Bridge Rd, #01-35, Peninsula Plaza, Singapore 179098
Contact: +65 6255 6998
Website: https://kbbcredit.sg/
Why Consider a Licensed Money Lender Near Bayfront?
Choosing a licensed money lender near Bayfront in Singapore can offer several advantages.
First, convenience. Being close to Bayfront means you can easily visit the lender’s office for any queries or documentation needs. No long commutes or complicated travel plans.
Licensed money lenders are regulated by Singapore’s Ministry of Law. This ensures they follow strict rules to protect you and make sure their practices are fair.
Another benefit is quick approval. You often get faster loan processing than banks, so if you need cash urgently, this can be a big plus.
Many licensed money lenders offer a variety of loan options. Whether you need a personal loan for emergencies or business funding, you can find something that suits your needs.
Flexible repayment plans are another advantage. Licensed money lenders near Bayfront often provide different repayment schedules that can better fit your financial situation.
The customer service tends to be more personalised. Staff at these local offices can offer you individual attention and tailored recommendations.
In summary, choosing a licensed money lender near Bayfront offers convenience, security, quick approval, various loan options, flexible repayment plans, and personalised service.
Finding a Reputable Licensed Money Lender
When searching for a reliable licensed money lender near Bayfront Singapore, it’s important to consider several key factors.
First, verify the lender’s registration. Check that they are registered with the Ministry of Law and are listed on official government websites.
Next, read reviews. Look for lenders with positive feedback from previous clients. This can be a good indicator of the lender’s customer service and reliability.
Comparing interest rates is also essential. Different lenders may offer different rates, so it’s wise to shop around before making a decision.
Consider the loan terms offered. Some lenders have more flexible repayment options that might better suit your financial situation.
Lastly, make sure to visit the money lender in person. Licensed money lenders must meet borrowers face-to-face to verify their identity according to the law. This ensures the legitimacy of the transaction.
Here’s a quick table to help you keep track:
| Factor | What to Check |
|---|---|
| Registration | Ministry of Law listing |
| Reviews | Positive client feedback |
| Interest Rates | Competitive and reasonable rates |
| Loan Terms | Flexible repayment options |
| Face-to-Face Verification | In-person identity verification required |
By following these steps, you can feel more confident about choosing a reputable licensed money lender near Bayfront Singapore.
Important Considerations Before Borrowing
When thinking about borrowing from a licensed money lender near Bayfront, Singapore, there are a few key things you should keep in mind.
First, check the lender’s licence. Make sure they are licensed by the Ministry of Law in Singapore to ensure they follow legal regulations.
Keep an eye on the interest rates. Licensed money lenders have a cap on interest rates, so you’ll want to compare rates to find the most affordable option for you.
Next, consider the loan terms. Understand the repayment schedule, penalties for late payment, and any additional fees. This will help you plan your finances better.
Make sure you review the principal amount of the loan. The upfront deduction of the loan approval fee shouldn’t exceed 10% of the principal amount.
Look into the lender’s reputation. Check reviews and feedback from others who have borrowed from them to ensure they have a good track record.
Finally, evaluate the speed of approval. Licensed money lenders often offer quicker approvals compared to banks, which can be helpful if you need money urgently.
By keeping these considerations in mind, you’ll be better prepared to borrow responsibly from a licensed money lender near Bayfront.
Frequently Asked Questions
Licensed money lenders in Singapore are regulated and must follow strict rules to protect borrowers. Here are important points about choosing a lender, safety measures, borrowing limits, services for foreigners, regulations, and finding lenders with the lowest interest rates.
How do I go about choosing a trustworthy licensed money lender in Singapore?
To choose a trustworthy licensed money lender, check the Ministry of Law’s list of approved lenders. Verify that the lender has a physical office and clear, transparent terms. It’s also wise to read customer reviews and ask friends or family for recommendations.
What safety measures should I consider when borrowing from a licensed money lender?
When borrowing, ensure that the lender provides a clear loan contract with all terms and conditions spelled out. Check the interest rates and fees to ensure they are within the legal limits. It’s also helpful to verify the lender’s license through the official Ministry of Law website.
What’s the maximum amount I can borrow from a licensed money lender in Singapore?
The maximum amount you can borrow depends on your income. According to regulations, if you earn less than $20,000 annually, you can borrow up to $3,000. If your income is $20,000 or more, you can borrow up to six times your monthly income.
Are there any licensed money lenders in Singapore who cater to foreigners specifically?
Many licensed money lenders in Singapore offer special loans for foreigners. For example, 1 Fullerton Credit and Fortune Credit provide personal and foreigner loans. These options can be helpful if you need financial assistance while living in Singapore.
What are the latest regulations affecting licensed money lenders in Singapore?
Licensed money lenders in Singapore must follow the regulations set by the Ministry of Law. These include caps on interest rates, fees, and strict advertising rules. These regulations are in place to protect borrowers and ensure transparent, fair lending practices.
Where can I find a list of money lenders in Singapore that offer the lowest interest rates?
You can find a list of money lenders with competitive interest rates by visiting online directories like the Ministry of Law’s website or review sites like SBO.sg. Comparing multiple lenders helps you find the best rates that suit your financial needs.
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.