SGP Credit Review

SGP Credit Moneylender
(Product Review)

|
Updated 03 Aug 2026

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Glossary

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Useful Resources

03 Aug 2026
|

Fact-checked

Disclosure

Glossary

Useful Resources

3.92%

Monthly Interest Rate

Cashback Rewards

Price Beat Guarantee

Varies Monthly repayment shown uses an indicative rate of 3.92% per month. Depending on your lender, actual rates may range from 0.25-4% per month.

Processing Fee

Up to 6x

Monthly Income

$288.67 Monthly repayment shown uses an indicative rate of 3.92% per month. Depending on your lender, actual rates may range from 0.25-4% per month.

Monthly Repayment

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Product Review

SGP Credit is a licensed moneylender at Blk 133 Jurong Gateway Road right beside Jurong East MRT. Licence 10/2026. They are one of the few moneylenders located in the west if you do not want to travel to town.

They publish no interest rates and their calculator has fields for both interest rate and admin fee but you fill in both yourself so it tells you nothing about their pricing. Ask for your rate on the phone before you make the trip down to their office.

What is worth knowing is that they will structure repayment around your paydays rather than only calendar months. That helps if you are paid irregularly or twice a month. They lend to foreigners too and several of their reviews come from foreign workers.

Its worth noting that most of their site is given over to business lending. They list five separate business products including SME loans, working capital and term loans so if you are a sole proprietor or run a small business, this is more attention to that side than most moneylenders give.

They carry 5.0 on Google across roughly 6,000 reviews, which is by far the largest review count of any lender here. Reviews that heavy on staff names and one word praise are worth reading with a bit of care but the volume alone is unusual.

They open 11.30am to 7.30pm on weekdays and close at 7pm on Saturday. One note on their homepage says they do not run any Facebook pages, so anything claiming to be them on Facebook is not.

Current Moneylender Interest Rate Trends

Today’s moneylender interest rate trends in Singapore – As of Sunday, August 9th, 2026, moneylenders in Singapore are charging an average monthly interest rate of 3.90%


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List of Nearby Licensed Moneylenders

Here are licensed moneylenders located nearby. All lenders listed are verified with the Ministry of Law and regulated under the Moneylenders Act.

Loan amount must be between 500 and 100,000.
Tenure must be between 1 and 60 months.
More Filters
3.92%
4.9  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.9  
$1,060.58
3.92%
4.9  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.9  
$1,060.58

All lenders verified against Ministry of Law registry. Last updated: August 9 2026.

SGP Credit Application Requirements

Foreigners are accepted here and repayment can be set around your paydays rather than fixed calendar months.

For a personal loan bring:

  • Be at least 18 years old
  • NRIC for Singaporeans and PRs, Passport plus valid work pass for foreigners
  • 3 months of payslips, CPF statement or bank statements showing salary credit
  • RAS Notice of Assessment if you are self-employed
  • Proof of address for foreigners

For a business loan also bring:

  • ACRA business profile
  • Company bank statements

PROMOTIONS

APPLICATION PROCESS

  • Apply Online

    Apply through Singpass Myinfo on their site or fill in a manual form instead.

  • Get a Callback

    A loan advisor calls you back within one business day.

  • Prepare Your Documents

    Business loan applicants also need their ACRA profile and company bank statements on top of the usual income proof.

  • Visit the Office

    Go down to their Jurong East office beside the MRT.

  • Review and Sign

    Go through the contract and confirm whether repayment is set monthly or around your paydays.

  • Collect Your Money

    Get your cash disbursed the same day and keep your signed agreement.

HIGHLIGHTS

  • Right beside Jurong East MRT, handy for the west
  • Repayment can be set around your paydays
  • Accepts foreigners
  • Strong business lending side with five products
  • Very large Google review count
  • No interest rates published
  • Personal loan capped at 12 months
  • Closed on Sundays and public holidays

Frequently Asked Questions

Where are they located?

Right beside Jurong East MRT, which is handy if you are in the west and do not want to travel to town.

Can repayment fit my payday schedule?

They can set repayment around your paydays rather than fixed calendar months.

Do they lend to foreigners?

Foreigners are accepted.

What do I need for a business loan?

On top of the usual income proof, bring your ACRA business profile and company bank statements. They run five separate business products.

Is that Facebook page really theirs?

Their own site states they do not run any Facebook pages, so anything on Facebook claiming to be them is fake.