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Multi-Purpose Loan For Your Financial Needs
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A personal loan is an unsecured loan where the loan amount you can take is based on your salary.
Personal loans are multi-purpose, and can help provide financial aid to alleviate your financial burden. The personal loan can be used for anything including purchasing a new car, financing your home renovation or even funding your dream wedding.
As the best licensed moneylender in Singapore, we offer flexible repayment plans to accommodate your unique needs and circumstances.
Here at Quick Loan, we make repayment affordable by designing loan plans based on your salary, as well as having low effective interest rates.
With us, you can get your cash in 20 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.
We take pride in our fast and simple loan application process with professional and friendly customer service staff. With over 10 years of experience, we have earned the trust of more than 20,000 customers and are rated 4.9/5 for satisfaction.
your monthly salary
disbursed on the spot
by Registry of Moneylenders
As the best licensed money lender in Singapore, the requirements for taking a personal loan with us are straightforward:
18 years old
$1,800 for Singaporeans/PRs and foreigners
Foreigners need to present the following:
Apply at our office
Apply via Whatsapp
Apply via Whatsapp
We are happy and very satisfied with their services. We have been with them for 5 years. The staffs are pleasant, very helpful to advise and help us.
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
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!
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.
Personal Loan FAQs
Applying for a personal loan through a traditional bank presents many restrictions, including stricter eligibility criteria, longer processing times and higher chances of rejection. Your credit score and income weigh heavily on the bank’s decision to offer you a personal loan.
On the other hand, licensed moneylenders can give you a personal loan with low interest rates, a convenient online application process and more flexibility. At Quick Loan, we welcome applications from anyone aged 18 and above with a minimum income of SGD1,800 and the required documentation according to their citizenship status.
You can access a quick cash loan for emergencies or secure funds for major expenses like medical bills.
All licensed moneylenders in Singapore are subject to the Moneylenders Act, ensuring that we adhere to confidentiality laws and have strict limits on interest rates, fees and other charges. You can be sure that all loans and processes at Quick Loan are legal and carefully regulated.
When you apply for a loan with licensed moneylenders in Singapore, you can expect a faster personal loan approval process compared to traditional banks. At Quick Loan, you can look forward to accessing your funds within 30 minutes.
You can also expect a lower rejection rate for your application since moneylenders are more likely to approve your loan, even if you have a bad credit score.
Quick Loan lets you access instant loans through our personal loan service and other options. These include payday loans to help you meet those expenses that cannot wait.
Yes, you can qualify for a personal loan as a foreigner in Singapore. All you need to do is ensure that you are a valid Work Permit holder or possess an S Pass or Employment Pass with 6 months of validity.
To apply for a personal loan for foreigners, you must present these with your passport, along with proof of residency, payslips for the last three months, a bank token, your employment contract and your staff card.
Unlike Singaporean banks, licensed moneylenders have minimal requirements for expats applying for personal loans. Moneylenders also have faster loan processing times, meaning you can get your money within the same day to cover any urgent needs.
Alternatively, you may apply for our foreigner loan with a minimum monthly salary of SGD1,800 with no guarantor required. You can look forward to flexible repayment conditions with low effective interest rates if your loan is approved.
You can take out a personal loan even with an unfavourable credit score. You may have trouble qualifying for a traditional bank loan, where poor credit indicates a high-risk loan candidate. However, licensed moneylenders in Singapore are more lenient with applicants’ credit history.
At Quick Loan, for example, our requirements for loan applications are minimal and straightforward. If you need cash urgently, legitimate licensed moneylenders like us are an excellent alternative to banks.
We’ll help you find a loan that works best for your unique situation, such as funds for big-ticket items like education.
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.
In Singapore, a personal loan can be legally obtained from banks, financial institutions and licensed money lenders. Money Lenders in Singapore are legal alternatives to banks and financial institutions if you require cash fast. At Quick Loan, our loan approval only takes 20 minutes!
A personal loan can be used for various needs and purposes. Such as for a car installment payment, your children’s school fees, outstanding credit card fees or even to fund your holidays. Loan repayments with a moneylender are usually in the form of fixed monthly installments. There are several forms of repayment methods such as bank transfer or Paynow, you can also choose to visit the store to pay in cash.
Here at Quick Loan, we take pride in our quick and simple loan application process. With over 10 years of experience, you can rest assured that our friendly and professional customer service staff will guide you through your loan process and help you meet your financial goals.
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Licensed Money Lender Lic No. 56/2023
© 2023 by QuickLoan Pte Ltd. All Rights Reserved. Co. Reg. No. 201900866N | License No. 56/2023