Instant Cash Loans From
Trusted Money Lender Singapore

The minimum requirements for applying for a personal loan in Singapore depend primarily on your citizenship, income level and age. Quick Loan requires you to be at least 18 years of age with a minimum salary of SGD1,800 to qualify for a personal loan. 

Singapore banks have stricter eligibility conditions and income level requirements. However, non-bank loan requirements tend to be much more lenient, making licensed moneylenders a reliable alternative if you cannot meet a bank’s prerequisites or require cash on top of what banks have offered you. 

At Quick Loan, you can look forward to a simple and speedy approval process once you’ve met our requirements for a personal loan. You can also apply for a quick loan or licensed moneylender loan with us to secure urgent funds.

As a licensed moneylender in Singapore, we offer a wide range of fast loan options to meet your unique needs and financial circumstances. You can start your loan application process with Quick Loan on our website, on WhatsApp or by visiting our office. 

You’ll be invited to a free in-person consultation, where you’ll need to provide the necessary documents to verify your loan eligibility. While we do support Singpass applications for added convenience, we prioritize a secure and transparent process that ensures proper verification. Unlike some platforms that advertise cash loans in 1 hour without documents, our approach balances speed with compliance and supports applicants with different credit scores. A dedicated loan officer will carefully review your application and walk you through the terms and conditions of your selected loan.

Once you’re happy with your loan conditions, interest rates and other fees, you may sign a contract and receive your cash on the spot. 

When borrowing from a licensed money lender in Singapore, you can look forward to low interest rates, fast approval times with less stringent requirements and no hidden fees.

This is because licensed moneylenders are private loan companies verified by Singapore’s Registry of Moneylenders and subject to strict regulations under the Moneylenders Act. You can be sure that all your interactions with a licensed moneylender will be entirely legal and transparent. 

Several factors can help you determine if you’re dealing with a legitimate moneylender. For instance, all licensed moneylenders in Singapore cannot charge interest rates higher than 4% on fast loans. They will never send you promotional material via email, SMS or social media. 

Also, face-to-face verification is required for all borrowers. This is the reason why licensed moneylenders will always have a physical office where we consult with all borrowers in person. 

If you encounter any lenders who claim to offer fully online loan approvals, be wary, as they are most likely unlicensed moneylenders or loan sharks.    

Start your loan application process with Quick Loan on our website, on WhatsApp or by visiting our office.

Besides ensuring that you meet Quick Loan’s eligibility criteria, we advise you to consider a couple of essential factors before you decide on the right loan for your needs. 

First, consider your capacity to pay off the cash loan and interest. Borrow only what you need and can afford to repay. We recommend that you shop around for competitive interest rates that keep your repayments affordable. Licensed moneylenders cannot charge more than 4% monthly interest, so you’ll enjoy low effective interest rates when you take out a instant loan Singapore with us. 

Secondly, don’t rush to commit to a loan until you fully understand and are satisfied with the terms and conditions of your contract. Your chosen licensed moneylender must explain the loan terms to you in simple and accessible language and provide you with a copy of the contract for safekeeping.  

Depending on your needs, your dedicated loan officer at Quick Loan will work with you to determine a repayment schedule and interest rate that best accommodates your financial situation.

It’s vital to ensure that any moneylender you’re dealing with is licensed, so you don’t fall prey to scams by loan sharks or unlicensed lenders. 

All licensed moneylenders in Singapore are listed in the Registry of Moneylenders. We advise you to consult this list to verify that your selected moneylender is licensed. 

The Singaporean government regulates all licensed moneylenders with strict operational requirements. These guidelines will help you determine whether you’re dealing with a licensed moneylender. 

For example, a licensed moneylender is not allowed to solicit loans through text messages, phone calls or social media. We must also meet all applicants at our offices to verify their identity before approving any fast loans. Furthermore, licensed moneylenders have a strict 4% cap on monthly interest rates that can be charged.