Personal loan singapore is an unsecured debt that can be used to purchase a home, pay off credit card bills and other short-term financial obligations. These loans are a great alternative to high-interest credit cards when in need of money quickly.
Licensed Money Lenders
There are many licensed moneylenders in Singapore that offer quick personal loans for both local and foreign borrowers. These companies are regulated by the Monetary Authority of Singapore (MAS) and operate within its regulations.
These money lenders are also known for offering a range of flexible loan products to suit different needs. They typically offer low interest rates, low minimum and maximum loan amounts, and tailor-made repayment terms that make paying off the loan easier for borrowers.
GM Creditz
With an 80% approval rate and no deposits required, GM Creditz is one of the best licensed moneylenders in Singapore. Their low interest rates start from 1-4%, making it easier to meet your needs without stretching your budget too thin.
Credit 21 Pte Ltd
Founded in 2001, Credit 21 has 16 years of experience providing convenient and hassle-free personal loans to borrowers in Singapore. Their loan packages are customised to help you achieve your financial goals, and they’re backed by a huge capital backing. As a testament to their credibility, they were recently recognized by the Ministry of Law as one of the six firms piloting new business models for money lending. personal loan singapore