Licensed Money Lenders in Singapore

GM Creditz Pte Ltd

License No: 88/2018

Contact: 6588 1886

Address: 111 North Bridge Road #01-41, Peninsula Plaza, Singapore 179098

A1 Credit SG Pte Ltd

License No: 17/2019

Contact: 6336 0833

Address: 2 Havelock Road #02-08, Havelock 2, Singapore 059763

Advance Planners Credit SG Pte Ltd

License No: 83/2019

Contact: 6235 1788

Address: 220 Orchard Road #01-08, Midpoint Orchard, Singapore 238852

365 Credit Solutions Pte Ltd

License No: 12/2019

Contact: 6222 5500

Address: 14 Scotts Road #03-64, Far East Plaza, Singapore 228213

Bugis Credit Pte Ltd

License No: 31/2019

Contact: 6345 9123

Address: 470 North Bridge Road #02-12, Bugis Cube, Singapore 188735

Loan Application

A Licensed Moneylender in Singapore That Offers Solutions

Do you need financial help to settle a debt, pay for an emergency, or invest in your future? Fill out our application form to get started.

With the best loan plans and fees from a reliable and licensed moneylender, you can have the money you need. Getting a loan that suits your needs and your financial capabilities is the best option for you. Filife has got many loan offers by legal money lenders in SIngapore.

A Moneylender You Can Trust

The first rule of borrowing money: never borrow from unlicensed moneylenders.

Only trust a licensed moneylender. A good and straightforward way to verify whether a moneylender is authorised is by checking the list published by the Ministry of Law here.

If you find a moneylender through a soliciting text or call, or flyers or e-mail, they are more likely to be unlicensed. Under the law, moneylenders can only advertise through directories, websites owned by the moneylenders, and advertisements up to the exterior of the moneylender's premises.

Beyond being licensed, there are other ways to identify a reliable or honest company. From the moment you click on our website or stepped into our office, you won't see any of the signs of an unethical and dubious company.

  • Asking for your SingPass user ID or password
  • Retaining your personal ID documents, such as NRIC card, passport, or work permit
  • Speaking in an abusive tone or language
  • Threatening you with aggressive behaviour
  • Forcing you to sign a blank or incomplete Note of Contract for the loan
  • Failing to explain the terms or giving you a copy of the contract of a granted loan
  • Withholding any part of your principal loan amount

We believe in due diligence, competence, and professionalism. Trust in our company to provide for your financial interests.

Benefits of Getting a Loan from Moneylenders

Why bother going through the hoops of finding a licensed moneylender, determining the right loan type, and sorting the contract details?

Simply put, the financial and opportunity costs of getting a loan from moneylenders are much lower compared to the benefits you'll get. Compared to other financing alternatives such as borrowing from a bank, this is already the most beneficial and convenient option for you.

Meet Your Daily Needs

Many people need a short-term loan to meet daily needs, including paying for food, water, or electricity. Sometimes, this month's pay check is coming too late or too little. Other alternatives, like borrowing money from a friend or taking out a loan from the bank, can be challenging to do with the deadlines looming even closer.

Get Fast Solutions for Medical Emergencies

No matter how careful or how healthy you are, accidents and disease can strike any time, leaving you unable to work fully. When an emergency happens to you or your family, the last thing you want to worry about is money. Unfortunately, money is often necessary to resolve urgent issues.

There are times when big emergencies crop up, and your savings or budgeting skills just won't cut it. Through a personal loan, you can get the money you need to pay for unexpected financial obligations.

Boost Your Credit Score

Getting a loan from reliable moneylenders can give you the boost you need when it comes to improving your credit score. It's easy to accumulate debt, especially if you're a foreigner.

The first step to improving your credit score is to pay off existing debts and settling down with a repayment plan you can fulfil.

Gain Access as Unemployed and Low-Income Borrowers

With the constant flux of Singapore's bustling economy, you might find yourself unemployed and in need of capital. Whether you're trying to make ends meet, pay for old debts, or address an emergency, being unemployed can only make things worse. It is even more difficult if you have little savings.

Getting a loan from a bank or any other financial institution when you're unemployed is close to impossible. Banks want the security of a borrower with a source of steady income. They want greater assurance that the borrower will repay the loan. Without a job, you'll find it incredibly difficult to get a loan application through the door.

On the other hand, many moneylenders operate on an assumption of trust. While the terms may be stricter and the fees higher than if you were employed, you still have the chance to approach and access a loan from a moneylender for your personal needs.

Unlike banks, moneylenders don't have prohibitively strict requirements to qualify for a loan. These flexible terms are beneficial for you, especially if you are unemployed.

Invest in Your Future

Whether you're employed or unemployed, a foreigner or a local resident, getting a loan is always a good idea if you use the money to invest in your future. For a lot of successful people, hoarding money in savings is not enough. You need to take risks and invest in skills and ventures which can boost your personal and financial portfolio.

Many professionals choose to take out a loan from moneylenders to pursue further education. You can use borrowed money to pay for the tuition you need to improve your skills, bulk up your resume, and impress your bosses. With a postgraduate degree under your belt, you'll be in a better career trajectory.

Aside from investing in your skills, you can also invest in physical assets. You can use the loan to pay the down payment for a car or to purchase a piece of real estate. While you would need savings to cover a bulk of the payments, a loan can go a long way in reducing the financial burden. Plus, the costs of getting an asset that will earn for you in time outweigh the costs of getting a loan.

Types of Loans Offered by Moneylenders

There are different loan products offered by moneylenders in Singapore. The variety of packages and terms depend on the type of applicant and the purpose behind the loan.

Personal Loan

Singapore is one of the most progressive states in the world, but it is also one of the most expensive. Whether you have a regular income or not, everyone faces the challenge of surviving and living well. The cost of livelihood keeps on increasing with rising prices on rent and even basic goods. Being unemployed or having a financial emergency only adds to the problem.

No matter how diligent or good at saving you are, it is never possible to be fully prepared. When you have a financial need that your current income or savings cannot cover, you can apply for a personal loan.

Foreigner Loan

If you are a foreigner residing and working in Singapore, you can't escape the need for money, especially in times of emergency or economic change. Like other Singapore citizens and PRs, you might find yourself in need of an accessible and reliable source of money.

Foreigner loans are specially designed for foreigners with financial difficulty while in Singapore. These loans can be made for any number of things, such as:

  • improving your credit score,
  • paying for a medical emergency,
  • enrolling for further learning,
  • meeting your daily needs like rent and food, and
  • investing in your future.

Sometimes it's impossible to get enough money wired across the sea or to apply for a bank loan. A foreigner loan from moneylenders is an accessible, reliable, and convenient way to meet financial needs.

Fast Cash Loan

Do you need money as soon as possible? You can use a fast cash loan to pay for urgent and immediate expenses, such as family and medical emergencies.

Fast cash loans are better than other loan options, especially for those from a bank, because you can quickly and conveniently access the money you need. You don't need to go through the rigorous credit rating assessment from a bank. Other options, such as getting an advance salary, can also be equally impossible.

Payday Loan

Payday loans are structured to help you address financial problems when your salary comes late or your current take-home salary is too little. With a payday loan, you will get a cash advance as a loan, and the loan needs to be paid by the time you get your next pay check.

A Loan to Meet Your Needs

How much can I borrow? Getting the benefits of the different types of loans means getting the money you need to pay for rent, a medical emergency, or investment. However, there's no such thing as an unlimited loan. Credible moneylenders usually put a cap on how much you can borrow to protect the interests of the company and the other borrowers.

For secured loans, you don't have to worry about any limits. You can apply for a loan of any amount. On the other hand, unsecured loans come with a total maximum amount you can borrow. The cap is different for Singapore citizens and permanent residents versus foreigners.

Annual Income

Citizens and Permanent Residents

Foreigners Residing in Singapore

Less than $10000



At least $10000 to less than $20000



At least $20000

6 times the monthly income

6 times the monthly income

Get Started with a Loan

Whether you're facing a financial emergency at home or you're looking for options to grow your own money, getting started with a loan is a great option. You can get the benefits of liquidity and increased capital as long as you get the right type of loan from a reliable and licensed moneylender.

But before you apply for a loan, here are some things you need to consider.

Is getting a loan the best option for you?

While we all know that getting a loan can help you meet financial needs, there may be other options that you can consider first. You should carefully assess the costs and benefits of financing alternatives such as getting assistance from public programs and government agencies.

Do you understand the details of the loan?

Desperate times shouldn't be solved with hasty decisions. Don't rely only on the big bold texts, especially from advertisements. Consider all of the details of the loan you are applying for. If you can't understand the terms of the contract, you have the right to a thorough explanation. Moneylenders are required by law to explain the terms of the loan in a simple and understandable language. You will also receive a copy of the contract.

The truly important details you need to consider are the repayment schedule, the interest rate, late payment fees, and other applicable fees.

Can you meet the obligations of a loan? 

A loan isn't a simple case of borrowing. By getting a loan, you agree to a contract with obligations. When you're dealing with licensed moneylenders, the same legal protections granted to you are also granted to the moneylender. You are therefore legally obliged to fulfil your part of the bargain.

Because of this, you need to consider the loan contract carefully before signing! Consider your income and other financial obligations. Borrow only what you can repay to prevent unpleasant consequences later on. You also don't want to put more strain on yourself or your family because of late payment fees and interest. Don't enter a cycle of debt.

What interest fees should you expect?

How big the interest fee depends on the moneylender and loan package you are getting. However, you can expect a maximum interest rate of 4% per month, regardless of your annual income or whether the loan is secured.

A late interest rate has the same maximum rate. It is computed based on the amount of principal remaining after total payments made towards the principal, or the amount that is paid late.

Who is the right moneylender for me?

Feel free to shop around! Consider the terms of the loan and the different loan packages offered by reputable moneylenders. You'll end up with the best fit for you, your needs, and your repayment capabilities.

As long as you consider the details, you'll reap the benefits of a loan in no time. Meet your financial obligations with full confidence. Fill up our application form or contact us to get started today!