Updated April 25, 2025
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Max. Loan Amount (Singaporeans)
Max. Loan Amount (Foreigners)
Monthly Interest Rate
Today’s moneylender interest rate trends in Singapore – As of Friday, April 25th, 2025, moneylenders in Singapore are charging an average monthly interest rate of 3.84%
1 2 Lend offers a wide range of short-term personal loans designed to meet various financial needs. Whether you’re planning a home renovation, a family vacation, or need funds for unexpected expenses, the licensed moneylender provides a fast and seamless borrowing experience.
With a low admin fee of 3.5%, the moneylender ensures you can access the funds you need without excessive costs. Known for its commitment to transparency, efficiency, and customer satisfaction, 12Lend simplifies the loan application process with an easy online form, allowing for quick approval and disbursement of funds. Loan terms range from 1 to 12 months, giving you the flexibility to choose a repayment schedule that best suits your financial situation.
| Moneylender | Max. Loan Amount (Singaporeans) |
Max. Loan Amount (Foreigners) |
Monthly Interest Rate | Google Reviews | ROSHI Approved
|
|---|---|---|---|---|---|
| Best Licensed Moneylender | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 |  |
| Orange Credit | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| 1 2 Lend | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| EZ Loan | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| 1 Fullerton Credit | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| 1st Credit SG | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| 365 Credit Solutions | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| Quick Credit | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| Raffles Credit | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | |
| 1 Cash | 6 times monthly income | 6 times monthly income | 1-4% | 5.0 | Close More Moneylenders |
*Today's Moneylenders Rates - 25 April 2025
To apply for a loan with 1 2 Lend, applicants need to meet the following criteria:
Start your loan application journey with our quick online application multistep form—it takes just 30 seconds to complete. Our advanced technology and expert loan specialists work together to match you with suitable options on our platform
Provide the necessary documents: your last 3 pay slips, a credit report from CBS or MLCB, and your IC/FIN details. Upload these files through your dashboard or email them to [email protected]
Our dedicated customer success team will carefully examine your application, contacting you if any additional information is required. Once we’ve verified your details, we’ll begin the process of matching you with appropriate lenders and loan options.
Compare loan offers in real-time through your application dashboard. Our customer success team is available to discuss loan details.
After you’ve selected a loan option, we’ll assist in arranging an appointment with the chosen moneylender. Note that for moneylender options, assessment and disbursement must be completed in person at their branch.
Once you’ve agreed on the loan terms and signed the contract, you’ll receive a copy of the agreement. This document will outline your monthly payment schedule. Your funds will then be disbursed either in cash or via bank transfer.
With a flat 3.5% admin fee, 1 2 Lend ensures that the cost of borrowing remains low, providing excellent value compared to many other lenders.
1 2 Lend’s online loan application process is straightforward and quick. Approval is often granted on the same day, so you can access funds quickly.
Loan terms range from 1 to 12 months, giving you the flexibility to choose a repayment plan that aligns with your financial situation.
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