24 Hours Licensed Money Lender Singapore
Apply for a loan anytime with our 24 hours online application form.
Seeking a loan from a money lender?
These days, it’s not uncommon to come across unsolicited loan offers from unknown sources through channels like WhatsApp. These are most likely from unlicensed money lenders, as licensed money lenders are not allowed to advertise through such channels.
Apart from unlicensed money lenders being illegal, borrowing from them carries great risks — including putting your own personal safety at risk.
If you need financial support from a moneylender, your safest way would be to borrow from a licensed moneylender in Singapore like us.
While Singapore doesn't have a 24 hours moneylender, you can conveniently apply with us for a loan online anytime, day or night. Submit your application via our website at your convenience, and our service staff will promptly get back to you on the next working day.
Get Cash Fast
With us, getting the cash you need takes only 30 minutes. We don’t require any guarantor, which allows us to simplify and accelerate the application process so you get the cash you need effortlessly.
Affordable Repayment
Here at QuickLoan, we make repayment affordable by offering customised loan plans with credit limits based on your salary, as well as having low effective interest rates.
Flexible Plans
As the best licensed money lender in Singapore, our flexible repayment plans can be tailored to your unique needs and circumstances for more worry-free borrowing.
Most trusted Lender
QuickLoan, Singapore's top licensed money lender since 2010, complies fully with the Moneylenders Act. With a remarkable average rating of 4.9 stars on Google Reviews, our clients attest to our unwavering commitment to exceptional customer service and satisfaction.
30-minute
loan approvals
6X
your monthly salary
No guarantor
required
Cash
disbursed on the spot
Licensed
by Registry of Moneylenders
30-minute loan approvals
6X your montly salary
No guarantor required
Cash disbursed on the spot
Licensed by Registry of Moneylenders
Minimum Criteria
As the best licensed moneylender in Singapore, the requirements for taking a loan with us are straightforward:
Minimum age:
18 years old
Minimum salary:
$1,800 for Singaporeans/PRs and foreigners
Singaporeans/PR
NRIC
Singpass
If renting, provide both:
- Your tenancy agreement
- Proof of address such as your phone bill or utility bill
Payslips for the last three months, if available
Bank Token
Foreigners
Foreigners need to present the following:
S Pass / Employment Pass / Work Permit with a minimum 6-month validity
Passport
Residence information in the form of both:
- Phone bill or utility bill
- Tenancy agreement
Payslips for the last three months, if available
Bank Token
Employment contract
Staff card
3 Easy Steps to Applying for a Loan
Get your loan approved in 20 minutes or less!
Free Consultation and Signing of Agreement
Receive Cash
4.9
Google Reviews
Highly Recommended!
First time borrowing money from a moneylender, was a simple process and repayments are surprisingly affordable! Will come back again if need other funding in the future, highly recommend!
Thanks for helping me!
Very good service. I have been with them for many years and they always provide me professional advices. Thank you for your help whenever I need money to settle urgent bills. Will definitely come back again.
Good Service
Borrowed from several money lenders before but this one was probably the best! Fast response to my questions via their whatsapp always and good service.
I've been their customer for a long time. Their requirements are simple, processing is fast and easy. Employees are friendly and efficient. I never go anywhere else for my financial needs.
3rd time going back to them. They always gave me the best service amongst all the different lenders in that area.They had always been patient and friendly with all my queries and requests. Interest rate is also very competitive. Would keep going back in the future.
Highly recommended! I love how their customer service is. They are very opened. They even advised me accordingly what i can do. They always asked how much we are comfortable paying monthly. Thank you quickloan for always there when in need!
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 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.
Licensed moneylenders are a great option if you need to apply for urgent cash loans. Aside from banks and financial institutions, licensed moneylenders are the only legal private entities allowed to provide personal loans in Singapore.
You can check the Registry of Moneylenders to ensure you’re dealing with a licensed moneylender.
At Quick Loan, you can access personal loans through an online application, via WhatsApp or by visiting our office. We’ll invite you to an in-person consultation to assess your financial situation, check your documents and determine your loan eligibility.
Moreover, our hassle-free loan process means that you can look forward to receiving your funds within just 30 minutes to cover time-sensitive financial needs.
Our licensed moneylender loan can offer you quick cash through our online application system. You can expect swift replies to your application, so you won’t be left waiting for a long time to access the funds you need.
At Quick Loan, we welcome Singaporeans, PRs and foreigners who meet our eligibility criteria to apply for a licensed moneylender loan. First, you must be at least 18 years of age and have a minimum monthly salary of SGD1,800.
We’ll also need personal documents to assess your eligibility, including your NRIC or SingPass for Singaporean and PR borrowers. If you’re a foreign applicant, we require your S Pass, Employment Pass or valid work permit along with your passport, employment contract and staff card. All applicants must provide their proof of residency, payslips and bank tokens.
You may also consider taking out a personal loan with us as an alternative option for a fast cash loan.
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 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 loan 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 loans. Furthermore, licensed moneylenders have a strict 4% cap on monthly interest rates that can be charged.
There is no need for a collateral or a guarantor when you are applying a licensed moneylender loan in Singapore with Quick Loan. As we know that our potential applicants are often in need for urgent cash for various reasons, we will try to streamline the application process to ensure that it is as quick and fuss-free as possible.
As missing a payment on a licensed moneylender loan can detrimentally affect your current credit score for future loans, as well as incur unwanted additional charges, please do contact our team as soon as possible if you happen to miss a payment with us at Quick Loan. We will try our best to explore alternative repayment plans that will help you tide through your current situation, where possible.
No, there are no penalties for making prepayments on your licensed moneylender loans with Quick Loan. Please feel free to reach out to our team when you are ready to do so, and we will be more than happy to make the necessary arrangements accordingly.
Singaporeans/PR
NRIC
Singpass
If renting, provide both:
- Your tenancy agreement
- Proof of address such as your phone bill or utility bill
Payslips for the last three months, if available
Bank Token
Foreigners
Foreigners need to present the following: