3 Best Licensed Money Lenders in Singapore 2024: Reliable & Flexible

Best Licensed Money Lenders in Singapore
Best Licensed Money Lenders in Singapore

Perhaps you’re pressed for cash due to an untimely car repair expense, or you need money to fix things around your home. If you’re in a tough financial position, a loan may just be the answer. We’ve researched and found the 3 best licensed money lenders in Singapore [2024 review].

These lenders offer various loans to suit different financial needs, such as payday loans, business loans, and medical loans. They offer favourable conditions, such as low-interest rates and flexible terms. Loans are also available for foreign nationals with permanent residency in Singapore. 

All the moneylenders on our list are licensed and listed in the money lender registry by the Ministry of Law in Singapore. Choosing a licensed money lender is crucial as it ensures that the lender will comply with the rules and regulations of lending money and that your interests will be protected. 

In contrast, working with an unlicensed lender can result in fraud and data theft. 

Applying for a loan is easy as you can complete the application online. Once approved, you can visit the moneylender and finalise the loan agreement. 

Ensure that you read the agreement and understand your obligations before signing it. Defaulting your loan repayment can have legal consequences and damage your credit score.

1. 1 Fullerton Credit

1 Fullerton Credit
1 Fullerton Credit
Image: 1 Fullerton Credit
  • Best for
    Low-interest loans
  • License number
    100/2023
  • Interest rates
    1 to 4% for most loans
  • Address
    110A Telok Ayer Street, Singapore 068579
  • Phone
    +65 6588 1886
  • Opening hours
    Mon to Fri 10:30 - 20:00
    Sat & Sun 10:30 - 16:30
    Closed on Public Holidays
  • Website
  • Email
    enquiry@1fullertoncredit.com.sg
  • WhatsApp
    Chat on WhatsApp
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    2. JD Credit

    JD Credit
    JD Credit
    Image: JD Credit
  • Best for
    Quick approvals
  • License Number
    38/2023
  • Interest rates
    Varies based on loan type and personal finances (salary, credit score, existing debt, etc.)
  • Address
    531 Upper Cross Street, #01-38 Hong Lim Complex, Singapore 050531
  • Phone
    +65 6292 7717
  • Opening hours
    Mon to Fri 11:00 - 19:30
    Sat 11:00 - 16:30
    Sunday Closed
  • Website
  • Email
    jdcreditpteltd@gmail.com
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    3. Quick Loan Pte Ltd

    Quick Loan Pte Ltd
    Quick Loan Pte Ltd
    Image: Quick Loan Pte Ltd
  • Best for
    Fast loan approval and disbursement
  • License Number
    41/2024
  • Interest Rates
    1% to 4%
  • Address
    10 Anson Road #01-15 International Plaza Singapore 079903
  • Phone
    +65 6223 1788
  • Opening hours
    Mon to Fri 11:00-20:00
    Sat 12:00-17:00
    Closed on Sundays and Public Holidays
  • Website
  • WhatsApp
    Chat on WhatsApp
  • Read review

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