Payday Loan Singapore
Bridge the gap to your next paycheck with up to 6x your monthly income in as little as 30 minutes.* (subject to approval)
30 Minutes
From application to approval*
No Collateral
Or guarantor needed
Cash on the Spot
Once your contract is signed*
Up to 6×
Based on your monthly salary
Before You Apply
Payday Cash Loans Eligibility
Check QuickLoan’s basic requirements to see whether you may be eligible before starting your application.
Who can apply
Citizens, PRs and Foreign Employees in Singapore
Minimum Age
18+
You must be at least 18 years old or over when applying.
Minimum monthly income
S$1,800
For Singapore citizens, PRs and eligible foreign employees.
NRIC, passport or a valid Singapore work pass.
Your income and current commitments will be assessed.
Having another loan does not automatically prevent you applying.
Meeting the basic requirements does not guarantee approval. Your eligibility, approved amount and terms depend on your individual circumstances, existing borrowing and ability to repay.
How much can i borrow?
Paycheck Loan Limits
Your maximum unsecured borrowing limit is based on your annual income and residency status. See your income range below for a quick guide.
Monthly income
Below S$834
Singapore Citizens & PRs
Up to S$3,000Foreign employees
Up to S$500Monthly income
S$834 to S$1,667
Citizens, PRs and foreign employees
Up to S$3,000 The same maximum limit applies to all three groups.Monthly income
S$1,667 or More
For Singapore citizens, permanent residents and foreign employees.
Maximum borrowing limit
Know the cost before signing
Understand What You Pay
Licensed moneylenders in Singapore must follow regulated limits. Your interest, fees and repayment schedule will be explained before you accept your loan.
Borrower cost protection
Total borrowing costs cannot exceed your loan principal
Interest, late interest, administrative fees and late fees combined cannot exceed an amount equal to the original loan principal.
Calculated on the remaining principal rather than the original loan amount throughout the entire term.
A one-time administrative fee of up to 10% may be charged when the loan is granted.
A fee of up to S$60 may apply for each month in which a repayment remains late.
Late interest can only be calculated on the repayment amount that has fallen due and remains unpaid.
start online
Apply for a Payday Advance Loan Online
Start your application online and receive an initial assessment before visiting QuickLoan's licensed office to complete the process.
Start Your Application Online
Submit your basic information through our secure application form or retrieve your details with Singpass MyInfo.
Available online at any timeReceive an Initial Assessment
We review your income, requested amount and existing commitments to determine whether we may be able to offer a suitable loan.
Assessment in as little as 30 minutesVisit Our Licensed Office
Complete the required face-to-face identity verification and review the interest, fees and repayment schedule before signing.
International Plaza, Tanjong PagarReceive Your Approved Cash
Once your loan is approved and the agreement is signed, receive your cash on the spot or opt for PayNow NRIC or bank transfer.
No collateral or guarantor requiredApplying does not guarantee approval or commit you to accepting a loan.
Prepare for your visit
Documents We’ll Need
Select your applicant type and prepare the relevant documents to help make your assessment smoother.
Applicant type
Singapore Citizens & PRs
Your essentials
-
Recent payslips
Bring payslips for the last three months, if available.
-
Bank token
Bring your bank token for income and account verification.
If you are renting
Bring both address documents:- Your tenancy agreement
- A phone or utility bill showing your address
Applicant type
Foreign Employees
Your essentials
Employment Pass or S Pass with at least six months’ validity.
-
Employment documents
Bring your employment contract and staff card.
-
Recent payslips
Bring payslips for the last three months, if available.
-
Bank token
Bring your bank token for income and account verification.
Residential information
Bring both address documents:- A phone or utility bill showing your address
- Your tenancy agreement
Frequently Asked Questions
Find clear answers about payday loan applications, approvals, repayments and borrowing from a licensed moneylender in Singapore.
A payday loan is a short-term cash loan designed to tide you over until your next salary, usually repaid in a single lump sum on your upcoming payday. They are often offered by approved licensed lenders rather than traditional banks. You borrow cash for urgent needs, then clear it once your next paycheck comes in.
At QuickLoan, you can apply for a payday loan in Singapore through a quick and easy online process, through WhatsApp or by visiting our office.
Absolutely! At Quick Loan, we fully support early repayments — and we don’t charge any penalties for doing so. In fact, paying off your loan early can help you save on interest. Just let our team know when you’re ready, and we’ll gladly assist with the smooth and simple process.
Yes! You can get your payday loan approved on the same day at Quick Loan.
We offer a range of quick loans where you can get your cash in 20 minutes. This means you can receive your funds on the same day you place your loan application.
Our fast and hassle-free application process makes us a reliable choice if you need to access funds urgently.
You can apply for a payday loan online, through WhatsApp or by visiting our office. We’ll invite you to a free consultation at our office, where you’ll provide us with all the necessary documents.
Once your loan is approved, you may sign the agreement and receive your cash on the spot.
A payday loan with a licensed moneylender will not appear on your CBS credit report, which is commonly used by banks in Singapore. However, a payday loan might appear in credit reports from other agencies.
The good news is that a payday loan is typically smaller in value, so you can clear it with your paycheck through a single lump-sum repayment. This means you’ll ideally not have to commit to a long-term payment schedule that would have an impact on your credit history.
We advise you to commit to timely repayments of any loan you take to ensure a good credit score. You can take advantage of the low interest rates and flexible plans available at Quick Loan, which are designed to keep your instalments affordable.
Get in touch with us to learn more about how payday loans work.
Yes, you can. At Quick Loan, we understand that financial needs don’t always wait — even if you have existing loans. We’ll carefully assess your current situation and work with you to find a responsible loan solution that fits your needs. Our goal is to offer flexible, manageable options tailored to your circumstances, so you can move forward with confidence.
If you are unable to pay your monthly installments in full, please contact us before your due date and our loan officers will let you know the minimum amount to pay for your loan.
After you have paid the minimum amount, we will be able to defer your loan repayment to next month.
However, kindly note that not paying your monthly installments in full will incur late fee and late interest charges.
No, there is no need for collateral or a guarantor when you take a payday loan in Singapore with Quick Loan. We aim to make the application process as quick and fuss-free as possible, to ensure that our potential applicants are able to receive their much needed funds immediately.
Taking a loan with Quick Loan only takes 30 minutes!
Complete your application in person
Visit QuickLoan Near Tanjong Pagar MRT
After starting your payday loan application online, visit our licensed office for face-to-face verification, assessment and a clear explanation of your loan terms before signing.
QuickLoan Pte Ltd
10 Anson Road, #01-15
International Plaza
Singapore 079903
Use Exit C for convenient access to International Plaza.
- 1
Leave Tanjong Pagar MRT through Exit C
- 2
Enter International Plaza directly beside the station
- 3
Find QuickLoan on Level 1 at unit #01-15
Opening hours
Mon–Fri: 11am–8pm Sat: 12pm–5pm Closed Sundays and public holidaysContact our office
WhatsApp: 8928 5500 Chat with us during business hoursor
Speed up your application with MyInfo
Have your personal details filled in automatically.
This also helps us to approve your loan more quickly!