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List of Licensed Money Lenders in Singapore 2022

✔ Licensed with the Ministry of Law (updated regularly directly from the Registry)
✔ Reviewed by verified customers
✔ Guaranteed safe and legal to borrow

Finding the best loan from over 150 licensed moneylenders in Singapore can be overwhelming. That’s why Loan Advisor is here– to help you save time and keep you updated on the complete list of legal lenders. See the full list below and check out the reviews by verified customers!

No.

Licensed Money Lender

Ratings

License No.

Landline Number

Address

1

365 CREDIT SOLUTIONS PTE LTD

19/2022

62225500

14, SCOTTS ROAD, #03-63, FAR EAST PLAZA, SINGAPORE 228213

2

FORTUNE CREDIT PTE. LTD.


33/2022

67771887

67 Beach Rd #01-01 Bulkhaul House, Singapore 189688

3

A1 CREDIT SG PTE. LTD.


17/2022

63360833

2, HAVELOCK ROAD, #02-08, HAVELOCK2, SINGAPORE 059763

4

RAFFLES CREDIT PTE. LTD.

58/2022

62351788

17A Circular Road, SINGAPORE 049373

5

BUGIS CREDIT PTE LTD.

27/2022

63459123

470, NORTH BRIDGE ROAD, #02-12, BUGIS CUBE,
SINGAPORE 188735

6

1 FULLERTON CREDIT PTE. LTD

101/2022

65881886

110A Telok Ayer Street Singapore 068579

7

GS CREDIT PTE. LTD.

109/2020

65630321

1, GATEWAY DRIVE, #06-08, WESTGATE, SINGAPORE 608531

8

MONEYPLUS CAPITAL PTE. LTD.

15/2021

65918860

371, BEACH ROAD, #01-03, CITY GATE, SINGAPORE 199597

9

MOTOR-WAY CREDIT PTE LTD

121/2020

64662200

1094, LOWER DELTA ROAD, MOTORWAY BUILDING, SINGAPORE 169205

10

1 2 LEND PTE. LTD.

71/2021

64930160

1, PARK ROAD, #1-50, PEOPLE'S PARK
COMPLEX, SINGAPORE 059108

11

101 CREDIT PTE. LTD.

30/2021

62381018

101, UPPER CROSS STREET, #01-24, PEOPLE'S PARK CENTRE, SINGAPORE 058357

12

1133 MONEYLENDERS PTE. LTD.

119/2020

65561133

262, BALESTIER ROAD, #01-02, OKIO, SINGAPORE 329714

13

1AP CAPITAL PTE. LTD.

44/2021

65335335

10, ANSON ROAD, #01-38A, INTERNATIONAL PLAZA, SINGAPORE 079903

14

1ST CAPITAL PTE. LTD.

06/2021

67347700

304, ORCHARD ROAD, #04-1A/2, LUCKY PLAZA, SINGAPORE 238863

15

1ST CREDIT SG PTE. LTD.

100/2021

62665422

149, ROCHOR ROAD, #01-07, FU LU SHOU COMPLEX, SINGAPORE 188425

16

1ST LG CREDIT PTE. LTD.


76/2021

62996654

16, KERBAU ROAD, #02-01, SINGAPORE
219155

17

96BM CREDIT PTE. LTD.

43/2021

62935851

302, UBI AVENUE 1, #01-31, SINGAPORE 400302

18

ABI CREDIT PTE LTD

13/2021

63379719

185, TOA PAYOH CENTRAL, #01-320, SINGAPORE 310185

19

ABK LEASING PTE. LTD.

49/2021

62242224

13, NORTH BRIDGE ROAD, #01-3984, GOLDEN BEACH VISTA, SINGAPORE 190013

20

ABM CREDITZ SINGAPORE PTE. LTD.

48/2021

67373392

1, PARK ROAD,
#01-12, PEOPLE'S PARK COMPLEX, SINGAPORE 059108

21

ACCREDIT PTE. LIMITED

72/2021

62192662

I:
503, TAMPINES CENTRAL 1, #01-315, SINGAPORE 520503

II:
1187, UPPER SERANGOON ROAD, #01-15, THE MIDTOWN, SINGAPORE 533971

III:
1, SOPHIA ROAD, #01-14, PEACE CENTRE, SINGAPORE 228149

IV:
743, YISHUN AVENUE 5, #01-548, NEE SOON CENTRAL SPRING, SINGAPORE 760743

22

ADVANCE CASH CREDIT PTE. LTD.

78/2021

62500848

304, ORCHARD ROAD, #04-12/13, LUCKY PLAZA, SINGAPORE 238863

23

AERO CREDIT PTE. LTD.

86/2021

68414355

810, GEYLANG ROAD, #02-59, CITY PLAZA, SINGAPORE 409286

24

AK CREDIT CORPORATION PTE. LTD.

146/2020

65359989

2, HAVELOCK ROAD, #01-16, HAVELOCK2, SINGAPORE 059763

25

AKB CREDIT PTE. LTD.

47/2021

62386116

69, JALAN BESAR, SINGAPORE 208815

26

ALLES AUTOS CREDIT PTE. LTD.

116/2020

65330300

133, NEW BRIDGE ROAD, #01-34, CHINATOWN POINT, SINGAPORE 059413

27

ALPHA 8 PTE. LTD.

66/2021

67333081

449, CLEMENTI AVENUE 3, #01-265, SINGAPORE 120449

28

ANDAL ENTERPRISE PTE. LTD.

46/2021

69705602

50, TAGORE LANE, #04-11A2, ENTREPRENEUR CENTRE, SINGAPORE 787494

29

AR CREDITZ PTE. LTD.

105/2021

64633302

465, NORTH BRIDGE ROAD, #01-5071, SINGAPORE 191465

30

ART CREDIT PTE. LTD.

45/2021

62922448

238A, SERANGOON ROAD, #02, SINGAPORE 218085

31

AVIS CREDIT (SG) PTE. LTD.

41/2021

68832017

185, TOA PAYOH CENTRAL, #01-344, SINGAPORE 310185

32

BAN KING CREDIT (S) PTE. LTD.

75/2021

67437701

705, ANG MO KIO AVENUE 8, #01-2563, SINGAPORE 560705

33

BEST CREDIT SG PTE. LTD.

131/2020

62725538

372, BUKIT BATOK STREET 31, #01-374, (Level 2), SINGAPORE 650372

34

BLISS CREDIT PTE. LTD.

138/2020

63271334

11, COLLYER QUAY, #03-24, THE ARCADE, SINGAPORE 049317

35

BST CREDIT PTE. LTD.

140/2020

62991782

131, JURONG GATEWAY ROAD, #01-251, SINGAPORE 600131

36

BTB CREDITZ PTE. LTD.

99/2021

67487875

810, GEYLANG ROAD, #02-09, CITY PLAZA, SINGAPORE 409286

37

CAPITAL FUNDS INVESTMENTS PTE. LTD.

158/2020

62817736

65, UBI CRESCENT, #06-07, HOLA CENTRE, SINGAPORE 408559

38

CASH CHECK SINGAPORE PTE. LTD.

120/2020

65381742

726, ANG MO KIO AVENUE 6, #01-4166, SINGAPORE 560726

39

CASH DIRECT PTE. LTD.

92/2021

64930088

2, VENTURE DRIVE, #01-21, VISION EXCHANGE, SINGAPORE 608526

40

CASH MART PTE. LTD.

156/2020

63974111

277, BALESTIER ROAD, SINGAPORE 329726

41

CASHMAX CREDIT PTE. LTD.

74/2021

62215480

810, GEYLANG ROAD, #01-56, CITY PLAZA, SINGAPORE 409286

42

CRAWFORT PTE. LTD.

87/2021

67778080

1, NORTH BRIDGE ROAD, #01-35, HIGH STREET CENTRE, SINGAPORE 179094

43

CREDIT 21 PTE. LTD.

62/2021

62211811

10, ANSON ROAD, #01-07, INTERNATIONAL PLAZA, SINGAPORE 079903

44

CREDIT 89 (SG) PTE. LTD.

154/2020

63980909

200, JALAN SULTAN, #04-21B, TEXTILE CENTRE, SINGAPORE 199018

45

CREDIT ASSIST PTE. LTD.

19/2021

65678869

101, UPPER CROSS STREET, #01-15, PEOPLE'S PARK CENTRE, SINGAPORE 058357

46

CREDIT CULTURE PTE. LTD.

68/2021

69217300

31A, KEONG SAIK ROAD, SINGAPORE 089138

47

CREDIT EMPIRE ENTERPRISE PTE. LTD.

28/2021

67337018

1, PARK ROAD, #01-16, PEOPLE'S PARK COMPLEX, SINGAPORE 059108

48

CREDIT EXCEL CAPITAL PTE. LTD.

114/2020

63370055

192, WATERLOO STREET, #6F-03-05, SKY LINE BUILDING, SINGAPORE 187966

49

CREDIT HUB CAPITAL PTE. LTD.

134/2020

63385115

190, MIDDLE ROAD, #10-01A, FORTUNE CENTRE, SINGAPORE 188979

50

CREDIT KING PTE. LTD.

39/2021

62221788

101, UPPER CROSS STREET, #01-27, (PART)& #B1-49 PEOPLE'S PARK CENTRE, SINGAPORE 058357

51

CREDIT MATTERS PTE. LTD.

84/2021

66363233

801, GEYLANG ROAD, #02-01, SINGAPORE 389681

52

CREDIT THIRTY3 PTE. LTD.

1/2021

62922931

190, LORONG 6 TOA PAYOH, #01-548, SINGAPORE 310190

53

CREDIT XTRA PTE. LTD.

97/2021

63388829

101, UPPER CROSS STREET, #B1-69, PEOPLE'S PARK CENTRE, SINGAPORE 058357

54

CREDITMASTER PTE. LTD.

35/2021

67481338

531, UPPER CROSS STREET, #01-04, HONG LIM COMPLEX, SINGAPORE 050531

55

DIO CREDIT PTE. LTD.

141/2020

63966215

704, ANG MO KIO AVENUE 8, #01-2545, SINGAPORE 560704

56

ELITE INVESTMENT & CREDIT PTE. LTD.

81/2021

69707161

799, GEYLANG ROAD, #01-01, SINGAPORE 389680

57

EMPIRE GLOBAL PTE. LTD.

34/2021

62591883

10, JALAN KILANG TIMOR, #3-01C, LTH BUILDING, SINGAPORE 159306

58

EMVERTEX CREDIT (SG) PTE. LTD.

139/2020

62916868

200, JALAN SULTAN, #02-33, TEXTILE CENTRE, SINGAPORE 199018

59

EXCEL CREDIT (PTE.) LTD.

8/2021

62202937

BLK 449, CLEMENTI AVENUE 3, #01-241, (PLOT B), SINGAPORE 120449

60

EZ LOAN PTE. LTD.

17/2021

62222529

I:
3, BEACH ROAD, #01-4853, BEACH ROAD GARDENS, SINGAPORE 190003

II:
1, TANJONG PAGAR PLAZA, #02-49, SINGAPORE 082001

61

EZ PTE. LTD.

18/2021

64400822

765, GEYLANG ROAD, SINGAPORE 389663

62

FAST MONEY PTE. LTD.

135/2020

62244749

I:
101, YISHUN AVENUE 5, #01-35, SINGAPORE 760101

II:
505, TAMPINES CENTRAL 1, #01-341, SINGAPORE 520505

63

FONG CHIN CAPITAL PTE. LTD.

108/2020

64455022

129, BEDOK NORTH STREET 2, #01-42, SINGAPORE 460129

64

GAIN CREDIT PTE. LTD.

142/2020

64380113

807, YISHUN RING ROAD, #01-4197, SINGAPORE 760807

65

GALAXY CREDIT AND INVESTMENTS PTE LTD

157/2020

62508811

709, ANG MO KIO AVENUE 8, #01-2595, SINGAPORE 560709

66

GOLD ALLIANZE CAPITAL
PRIVATE LIMITED

43/2020

63386956

1, ROCHOR CANAL ROAD, #01-03, SIM LIM SQUARE, SINGAPORE 188504

67

GOLDEN CREDIT (S) PTE. LTD.

38/2020

62241300

101, UPPER CROSS STREET, #01-05F, PEOPLE'S PARK CENTRE, SINGAPORE 058357

68

GOLDSTAR CREDIT PTE. LTD.

133/2020

63840088

I:
190, LORONG 6 TOAPAYOH, #01-576, SINGAPORE 310190

II:
1187, UPPER SERANGOON ROAD, #01-21, THE MIDTOWN, SINGAPORE 533971

69

GT CREDIT PTE. LTD.

3/2021

67428154

178, TOA PAYOH CENTRAL, #01-202, SINGAPORE 310178

70

GV CREDIT PTE LTD

110/2020

63450233

101, JOO CHIAT ROAD, GV BUILDING, SINGAPORE 427395

71

HAPPY CASH PTE. LTD.

22/2021

62914312

465, NORTH BRIDGE ROAD, #01-5083, SINGAPORE 191465

72

HERSING CREDIT PTE LTD

122/2020

62722000

21, TAMPINES STREET 92, #05-00, H C DESIGN CENTRE, SINGAPORE 528891

73

HHL CREDIT PTE. LTD.

16/2021

67321998

1, ROCHOR CANAL ROAD, #01-04, SIM LIM SQUARE, SINGAPORE 188504

74

HMS CREDIT PTE LTD

91/2021

63339061

1, SOPHIA ROAD, #03-39,PEACE CENTRE, SINGAPORE 228149

75

HORISON CREDIT PTE. LTD.

7/2021

68442902

1, PARK ROAD, #01-15, PEOPLE'S PARK COMPLEX, SINGAPORE 059108

76

HS CREDIT PTE. LTD.

60/2021

63377611

3, COLEMAN STREET, #04-32, PENINSULA SHOPPING COMPLEX, SINGAPORE 179804

77

HUP HOE CREDIT PTE. LTD.

103/2021

62549441

1, ROCHOR CANAL ROAD, #01-01, SIM LIM SQUARE, SINGAPORE 188504

78

I-CREDIT PTE. LTD.

104/2021

62225222

82, LORONG 23 GEYLANG, #05-02, ATRIX, SINGAPORE 388409

79

IFS CONSUMER SERVICES PRIVATE LIMITED

85/2021

63030306

10, EUNOS ROAD 8, #09-04, SINGAPORE POST CENTRE, SINGAPORE 408600

80

IGNIS MONTIS PTE. LTD.

70/2021

69777272

184, TOA PAYOHCENTRAL, #01-352, SINGAPORE 310184

81

IP CREDIT PTE. LTD.

82/2021

62228993

185, TOA PAYOH CENTRAL, #01-332, SINGAPORE 310185

82

JD CREDIT PTE. LTD.

36/2021

62927717

531, UPPER CROSS STREET, #01-38, HONG LIM COMPLEX, SINGAPORE 050531

83

JEFFLEE CREDIT PTE. LTD.

115/2020

65155969

131, JURONG GATEWAY ROAD, #01-261, SINGAPORE 600131

84

JML CREDIT PTE. LTD.

59/2021

62821135

756, UPPER SERANGOON ROAD, #04-13, UPPER SERANGOON SHOPPING CENTRE, SINGAPORE 534626

85

JNB CREDIT PTE. LTD.

37/2021

65541857

175A, BENCOOLEN STREET, #07-09, BURLINGTON SQUARE, SINGAPORE 189650

86

JOTHI MONEYLENDER PTE. LTD.

79/2021

62982511

5001, BEACH ROAD, #07-63, GOLDEN MILE COMPLEX, SINGAPORE 199588

87

JR CREDIT (S) PTE. LTD.

32/2021

67373022

304, ORCHARD ROAD, #02-14, LUCKY PLAZA, SINGAPORE 238863

88

KAIIRON PTE. LTD.

63/2021

62621813

111, NORTH BRIDGE ROAD, #05-15A, PENINSULA PLAZA, SINGAPORE 179098

89

KARTHIK MONEY LENDING PTE. LTD.

65/2021

62918194

238, SERANGOON ROAD, SINGAPORE 218085

90

KATONG CREDIT PTE. LTD.

11/2021

62912210

304, ORCHARD ROAD, #02-30/31, LUCKY PLAZA, SINGAPORE 238863

91

KBB CREDIT SD PRIVATE LIMITED

130/2020

62556998

111, NORTH BRIDGE ROAD, #01-35, PENINSULA PLAZA, SINGAPORE 179098

92

KHALON & GILL MONEYLENDERS PTE. LTD.

136/2020

63921251

1, NORTH BRIDGE ROAD, #B1-03, HIGH STREET CENTRE, SINGAPORE 179094

93

KIM ENG FINANCE (SINGAPORE) PTE LTD

96/2021

66360142

50, NORTH CANAL ROAD, #03-01, SINGAPORE 059304

94

KR RM RAMASAMY PTE. LTD.

147/2020

62925506

238A, SERANGOON ROAD, SINGAPORE 218085

95

KST CREDIT PTE. LTD.

89/2021

62555225

220, ORCHARD ROAD, #01-01, MIDPOINT ORCHARD, SINGAPORE 238852

96

LENDING BEE PTE. LTD.

73/2021

62191611

I:
14, SCOTTS ROAD, #02-44/45, FAR EAST PLAZA, SINGAPORE 228213

II:
213, BEDOK NORTH STREET 1, #01-111, SINGAPORE 460213

III:
925, YISHUN CENTRAL 1, #01-233, SINGAPORE 760925

IV:
135, JURONG GATEWAYROAD, #01-335, SINGAPORE 600135

97

LIAN FONG CAPITAL PTE. LTD.

126/2020

64683948

96, JALAN JURONG KECHIL, SINGAPORE 598599

98

MAGNUS CREDIT PTE. LTD.

23/2021

63389891

301, UBI AVENUE 1, #01-279, SINGAPORE 400301

99

MAJESTIC CREDIT PTE. LTD.

5/2021

67772772

101, UPPER CROSS STREET, #01-26B/G, PEOPLE'S PARK CENTRE, SINGAPORE 058357

100

MAX CREDIT PTE. LTD.

95/2021

63364144

1, SOPHIA ROAD, #02-05, PEACE CENTRE, SINGAPORE 228149

117

MINTEREST MONEY PTE. LTD.

88/2021

63878623

3, TEMASEK BOULEVARD, #02-490, SUNTEC CITY MALL, SINGAPORE

101

MM CREDIT PTE. LTD.

4/2021

62262207

217, BEDOK NORTH STREET 1, #01-61, SINGAPORE 460217

102

MONETIUM CREDIT (S) PTE. LTD.

152/2020

67777775

10, JALAN BESAR, #01-01, SIM LIM TOWER, SINGAPORE 208787

103

MWA CAPITAL PTE. LTD.

127/2020

65572275

3, PHILLIP STREET, #13-01, ROYAL GROUP BUILDING, SINGAPORE 048693

104

NEW ERA CREDIT (S) PTE. LTD.

90/2021

63458801

50, EAST COAST ROAD, #02-58, ROXY SQUARE, SINGAPORE 428769

105

OASIS CREDIT SERVICES PTE. LTD.

64/2021

67771121

442, CLEMENTI AVENUE 3, #01-87, SINGAPORE 120442

106

ON LINE CREDIT PTE LTD

25/2021

64459166

BLK 210, NEW UPPER CHANGI ROAD, #01-731, (HALF PORTION ONLY), SINGAPORE 460210

107

ORANGE CREDIT PTE. LTD.

77/2021

67482320

810, GEYLANG ROAD, #01-91, CITY PLAZA, SINGAPORE 409286

108

OT CREDIT PTE. LTD.

102/2021

62920119

135, JURONG GATEWAY ROAD, #01-323, SINGAPORE 600135

109

PERIAKARUPPAN CHETTIAR PTE. LTD.

54/2021

66816494

77, HIGH STREET, #09-15, HIGH STREET PLAZA, SINGAPORE 179433

110

PHILLIP CREDIT PTE. LTD.

112/2020

65216858

250, NORTH BRIDGE ROAD, #06-00, RAFFLES CITY TOWER, SINGAPORE 179101

111

PIT-STOP CREDIT (SG) PTE. LTD.

69/2021

62971909

200, JALAN SULTAN, #02-27A, TEXTILE CENTRE, SINGAPORE 199018

112

PLATINUM CREDIT PTE. LTD.

129/2020

63330888

1, COLEMAN STREET, #01-11, THE ADELPHI, SINGAPORE 179803

113

POWER CREDIT ENTERPRISE PTE. LTD.

145/2020

62865389

1, TRAS LINK, #01-11, ORCHID HOTEL, SINGAPORE 078867

114

PR VR CAPITAL PTE. LTD.

53/2021

63380807

77, HIGH STREET, #09-15, HIGH STREET PLAZA, SINGAPORE 179433

115

PRIME MOTOR & LEASING PTE. LTD.

124/2020

67419292

61, UBI AVENUE 2, #01-03, AUTOMOBILE MEGAMART, SINGAPORE 408898

116

PROSPER CREDIT PTE. LTD.

94/2021

62262320

186, TOA PAYOH CENTRAL, #01-420, SINGAPORE 310186

118

QUICK CREDIT PTE LTD

29/2021

68996188

2, JURONG EAST STREET 21, #04-01A, IMM BUILDING, SINGAPORE 609601

119

QUICKLOAN PTE. LTD.

61/2021

62231788

10, ANSON ROAD, #01-15, INTERNATIONAL PLAZA, SINGAPORE 079903

120

QV CREDIT PTE. LTD.

83/2021

68357775

175A, BENCOOLEN STREET, #11-08, BURLINGTON SQUARE, SINGAPORE 189650

121

R2D CREDIT PTE. LTD.

14/2021

66351595

BLK 846, YISHUN RING ROAD, #01-3661,
SINGAPORE 760846

122

RJS CREDIT PTE. LTD.

56/2021

63394022

77, HIGH STREET, #04-06, HIGH STREET PLAZA, SINGAPORE 179433

123

RM CREDIT PTE. LTD.

150/2020

62355335

2, HAVELOCK ROAD, #01-17, HAVELOCK2, SINGAPORE 059763

124

RM R CREDIT PTE. LTD.

38/2021

63960676

29A, UPPER DICKSON ROAD, SINGAPORE 207488

125

S G CREDIT PTE. LTD.

93/2021

62615044

33D, BENOI ROAD, #03-00, PIONEER LOT, SINGAPORE 627788

126

S P CREDIT PTE. LTD.

57/2021

62916396

43A, CAMPBELL LANE, #02-00, SINGAPORE 209915

127

S.E. INVESTMENT PTE. LTD.

144/2020

67412386

7, CHANGI BUSINESS PARK VISTA,#01-02, SOOKEE HQ, SINGAPORE 486042

128

SANDS CREDIT PTE. LTD.

128/2020

62250268

513, BISHAN STREET 13, #01-514, SINGAPORE 570513

129

SGP CREDIT SINGAPORE PTE. LTD.

10/2021

64661157

133, JURONG GATEWAY ROAD, #01-299, SINGAPORE 600133

130

SHANMUGAN MONEYLENDER PTE. LTD.

67/2021

62978574

10, JALAN BESAR, #13-05A, SIM LIM TOWER, SINGAPORE 208787

131

SIGHAPPI ACHI MONEYLENDER (SG) PTE. LTD.

58/2021

69742118

18, HOWARD ROAD,#11M-02, NOVELTY BIZCENTR, SINGAPORE 369585

132

SINCERE MONEYLENDER PTE. LTD.

98/2021

62915665

13 , JALAN BESAR, (LEVEL 1 ONLY), SINGAPORE 208789

133

SINGA CREDIT PTE LTD

132/2020

66946166

470, NORTH BRIDGE ROAD, #02-01, BUGIS CUBE, SINGAPORE 188735

134

SKM CREDIT PTE. LTD.

21/2021

63365148

185, TOA PAYOH CENTRAL, #01-334, SINGAPORE 310185

135

SME CARE PTE. LTD.

111/2020

62710023

5, JALAN KILANG BARAT, #07-02, PETRO CENTRE, SINGAPORE 159349

136

SOON SENG CREDIT PTE. LTD.

51/2021

62268860

1, Park Road, #1-21,People's Park Complex, SINGAPORE 059108

137

SU CREDIT PTE. LTD.

118/2020

66365644

175, BENCOOLEN STREET, #01-36, BURLINGTON SQUARE, SINGAPORE 189649

138

SUMO CREDIT PTE. LTD.

9/2021

63360766

709, ANG MO KIO AVENUE 8, #01-2583, SINGAPORE560709

139

SWIFT CREDIT PTE. LTD.

143/2020

63830418

1, SOPHIA ROAD, #01-37, PEACE CENTRE, SINGAPORE 228149

140

SYNERGY CREDIT PTE. LTD.

153/2020

62500066

447, CLEMENTI AVENUE 3, #01-201, SINGAPORE 120447

141

TAN & JIANG ENTERPRISE PTE. LTD.

12/2021

67866098

201D, TAMPINES STREET 21, #03-1155, SINGAPORE 524201

142

THE MONEYLENDERS PTE. LTD.

123/2020

68625254

7A, TECH PARK CRESCENT, SINGAPORE 637839

143

TKM CREDITZ PTE. LTD.

27/2021

62938523

43A, CAMPBELL LANE, #02-00, SINGAPORE 209915

144

TRADITION CREDIT CO PTE LTD

137/2020

62831323

205, BEDOK NORTHSTREET 1, #01-371, SINGAPORE 460205

145

TRILLION CREDIT SOLUTIONS PTE. LTD.

151/2020

65090111

I:
101, UPPER CROSS STREET, #01-26/A, PEOPLE'S PARK CENTRE, SINGAPORE 058357

II:
304, ORCHARD ROAD, #02-12, SINGAPORE 238863

146

TUR MOHAR MONEY LENDING PTE. LTD.

52/2021

62942219

5001, BEACH ROAD, #07-39, GOLDEN MILE COMPLEX, SINGAPORE 199588

147

U CREDIT (PTE.) LTD.

155/2020

63371768

180, BENCOOLEN STREET, #01-19, THE BENCOOLEN,
SINGAPORE 189646

148

UK CREDIT (S) PTE. LTD.

42/2021

64487448

210, NEW UPPER CHANGI ROAD, #01-723, SINGAPORE 460210

149

UNILINK CREDIT PTE. LTD.

148/2020

63380690

35, SELEGIE ROAD, #10-27, PARKLANE SHOPPING MALL, SINGAPORE 188307

150

UNIQCASH PTE. LTD.

33/2021

69103483

7A, TRENGGANU STREET, SINGAPORE 058461

151

UNITED CREDIT PTE. LTD.

80/2021

62220227

275, THOMSON ROAD,
#01-21, NOVENA REGENCY, SINGAPORE 307645

152

UNLIMITED FINANCE PTE. LTD.

149/2020

62994666

162, BUKIT MERAH CENTRAL, #01-3541, SINGAPORE 150162

153

VERA CAPITAL PTE. LTD.

117/2020

67411011

302, UBI AVENUE 1, #01-33B, SINGAPORE 400302

154

VM CREDIT PTE. LTD.

113/2020

64811788

261, WATERLOO STREET, #01-31, WATERLOO CENTRE, SINGAPORE 180261

155

WAH LEONG COMPANY (PRIVATE)
LIMITED

2/2021

62970433

339, JALAN BESAR, SINGAPORE 208984

156

WINZ CREDIT PTE. LTD.

125/2020

62526696

I:
153, SERANGOON NORTH AVENUE 1, #01-530, SINGAPORE 550153

II:
BLK 124, LORONG 1 TOA PAYOH, #01-467, SINGAPORE 310124

Recommended Licensed Money Lender Near You

Get started by checking out our recommended licensed money lenders near you!

How To Differentiate Between a Licensed Money Lender and Unlicensed Money Lender

1. Advertising Rules

Licensed Money Lenders

A licensed money lender is permitted to advertise only through these 3 channels:

  • Business or consumer directories – both in print and online media
  • The money lender’s website
  • Placing advertisements within or on the exterior of the money lender’s business premises

Unlicensed Money Lender

An unlicensed money lender, on the other hand, may reach out to unsuspecting individuals through flyers, SMS, emails, or other forms of advertisements that are not permitted by the law.

 

2. Requirements When Getting Loans

Licensed Money Lenders

To apply for a loan from a licensed money lender, you’ll have to submit a loan application form. Additionally, they may require identification documents.

Here are some of the most common requirements that licensed money lenders may ask for:

  • Identity card/Passport
  • Work permit/ S Pass/ E Pass
  • Proof of residence, such as utility bill or tenancy agreement
  • Proof of employment
  • Recent 3 months’ payslip
  • SingPass to log into CPF, HDB, or IRAS website

Unlicensed Money Lender

Unlicensed money lenders will grant you the loan even without receiving your loan application. They will not perform due diligence through identification documents.

 

3. Caps on Loan Costs

Licensed Money Lenders

Here are the fees and charges that licensed money lenders can impose:

  • Late Repayment Fees: Not more than S$60 for each month the loan is repaid late.
  • Processing Fees: Not more than 10% of the principal loan amount when the loan is granted
  • Legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.

Unlicensed Money Lender

Loan sharks may charge sky-high fees and charges. In fact, they may take out a certain percentage from the principal amount even before you receive it.

 

4. Caps on Loan Amount

Licensed Money Lenders

For secured loans, you can borrow any loan amount. For unsecured personal loans, refer to the table below for the maximum loan amount you can borrow:

Borrower’s annual income

Singapore Citizens and Permanent Residents

Foreigners residing in Singapore

Less than $10,000

$3,000

$500

At least $10,000

and less than $20,000

$3,000

At least $20,000

6 times monthly income

6 times monthly income


Unlicensed Money Lender

With an unlicensed money lender, you can borrow any amount. However, you will also be paying for sky-high interest rates. Plus, you’ll have to face the consequences of dealing with loan sharks. This is especially dangerous when they start collecting debt.

 

5. Debt Collection

Licensed Money Lenders 

Licensed money lenders are encouraged to follow the code of ethics laid down by the Credit Collection Association of Singapore.

They are prohibited from resorting to threats, harassment, and violence to collect a debt.

Unlicensed Money Lender

Loan sharks are known to use abusive language and behave in a threatening manner during debt collection. Here are their most common harassment tactics:

  • Stalking delinquent borrowers and their families
  • Damaging properties
  • Neighborhood disturbances

 

Borrow Wisely!

Key Takeaways:

  • Before submitting a loan application, verify if the money lender is accredited and licensed. Check the money lender list on the MinLaw website
  • Understand the terms of the loan before signing a loan contract
  • Be a responsible borrower. Take note of the repayment schedule as well as the late payment fees and charges.

Don’t submit a loan application to the first licensed money lender you find. Shop for a loan term that will suit your needs and your financial capacity.

Request up to three loan quotes through Loan Advisor to find the most suitable packages.

Protect Your Rights as a Borrower

There are certain requirements that licensed money lenders must meet before granting you a loan. They must:

  • Thoroughly explain the terms and conditions of the loan in a language you understand.
  • Provide a completely filled-in loan contract and then give you a copy of the signed contract. The contract must include the interest rate, tenure, and terms in writing.
  • Give you a cautionary statement in writing for this particular transaction upon granting you the loan.

If you have an existing loan, the licensed money lender is required to:

  • Issue a receipt for every repayment made towards the loan.
  • Provide you with a statement of accounts at least once every half year in July or January. The statement of account must include the outstanding balance on your loan, interest accrued during the loan tenure, repayments made, and fees you’ve paid.

If you encounter any money lender breaking these rules, you must immediately lodge a complaint with the Registry of Moneylenders. You can visit the website or reach them at 1800-CALL-LAW (1800-2255-529). They are available from Mondays to Fridays, 8:30am to 5pm.

Other Questions You Might Still Be Looking for Answers

When taking out a loan you need to make sure that you follow the terms stated on the loan contract. Keep in mind your income and other financial obligations. Here are other important things to remember:

  • Read and understand the fine print. A money lender might lodge a caveat on the sales proceeds of your real estate property in the event that you default on your loan. This can wipe out all your potential proceeds from the property sale to repay your loan.
  • Understand all the fees and charges involved. Remember, money lenders are only permitted to impose the following charges:
    • A late repayment fee of not more than S$60.
    • An administrative fee of not more than 10% of the principal loan amount when the loan is granted.
    • Legal costs ordered by the court for a successful claim for the recovery of the loan.

Make sure that you can follow the repayment schedule. On top of the interest charges, you will also pay late fees. This may result in a more expensive loan.

Never borrow from unlicensed money lenders. The easiest way to check the lender’s credibility is to refer to the list found on the Ministry of Law’s website.

However, even when the money lender is licensed, you must still watch out for red flags that may indicate a violation of the law:

  • Using abusive language or behaving in a threatening manner towards you.
  •  Asking for your SingPass user ID and/or password
  • Refusing to return your NRIC card or any other personal ID documents, such as passport, work permit, employment pass, or ATM card.
  • Asking you to sign a blank or incomplete loan contract.
  • Failing to explain the terms and conditions of the loan
  • Granting you a loan without doing due diligence or without providing a copy of the loan contract.
  • Withholding any part of the principal loan amount.

These practices are prohibited. If you encounter money lenders that practice such behaviors, immediately lodge a complaint to the Registry of Moneylenders. You may need to provide details, such as the money lender’s business name, license, and contact numbers.

You can file a complaint against a money lender for unfair practices and/or contracts. You can contact the Registry at 1800-2255-529. It’s crucial to seek help before the problem escalates.

Do not get involved with any loan sharks and don’t work or assist them in any way.

1. Make Sure You Receive The Correct Principal Loan Amount

The licensed money lender must give you the correct principal loan amount. Check if the lender charges you the correct amount of administrative fee. The licensed lender can only charge up to 10% of the principal amount for administrative fees.

2. Keep Important Documents

  • A copy of the loan contract
  • Receipts for every repayment you’ve made towards your loan
  • A statement of account for all your loans
  • Copies of all accounts, receipts, and other relevant documents

3. Follow the Repayment Schedule

Ensure that you are paying each loan installment on or before the due date.

Late repayments can lead to late fees and late interest. Remember, licensed money lenders can charge up to 4% late interest. If this continues, these fees will start to accumulate causing your debt to snowball, making it harder to pay off.

Are They on the List?

The first thing you need to do is check whether the money lender is on the list published on the Ministry of Law’s website.  Doing this from the very start will save you a lot of potential problems.

Do a Background Check

Determine how long the licensed money lender has been in business. Check what kind of loan packages they are offering, their eligibility requirements, and their loan application process. It’s also a good idea to understand their debt collection process.

Check for Reviews

Visit the money lender’s website, Google Reviews, and other popular review websites, forums, and directories. Read what previous clients have to say about the money lending company. Customer reviews are a good factor to consider in determining a business’ legitimacy and reliability.

Compare Rates and Terms

Do not immediately go for the first licensed money lender you find. It’s best to compare rates and terms to find the best deals that will suit your financial needs.

You may want to choose a licensed lender that offers great terms to go with affordable rates. Find a money lender that offers custom loan plans that fit your specific financial situation at reasonable terms.

Borrow Wisely!

Key Takeaways:

  • Before submitting a loan application, verify if the money lender is accredited and licensed. Check the money lender list on the MinLaw website
  • Understand the terms of the loan before signing a loan contract
  • Be a responsible borrower. Take note of the repayment schedule as well as the late payment fees and charges.

Don’t submit a loan application to the first licensed money lender you find. Shop for a loan term that will suit your needs and your financial capacity.

Request up to three loan quotes through Loan Advisor to find the most suitable packages.