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Apply Now1 – Money is a licensed moneylender at 149 Rochor Road, a short walk from Bugis MRT and with licence number 100/2026. This moneylender has been lending since 2009.
They are one of the few lenders in Singapore that put an actual number on their site. Interest is 3.92% per month which is just under the 4% legal ceiling. Admin fee is 10% and the late repayment fee is $60 a month. Their late interest rate is also 3.92% rather than the full 4%. Publishing all this upfront is more than most lenders bother with, though 3.92% is still near the top of the range so compare it before you commit.
Loan sizes run from $300 to $100,000, the $300 floor is useful if you only need a small amount and do not want to be pushed into borrowing more.
The tenure is where they stand out as most licensed lenders cap you at 12 months but 1 – Money says they will discuss up to 24 months. They also offer weekly repayment plans alongside monthly ones which suits anyone paid weekly or working gig jobs. Longer tenure means smaller monthly payments though you pay more interest in total.
Two things worth knowing: 1. They lend to discharged bankrupts provided you are employed and your MLCB report checks out. 2. They also accept gig workers, freelancers and the self employed.
What they will not do is lend to anyone unemployed even with other income coming in.
Their 99% approval claim is their own number and it comes with a condition attached, which is that your Loan Information Report has to be clean.
Today’s moneylender interest rate trends in Singapore – As of Monday, August 3rd, 2026, moneylenders in Singapore are charging an average monthly interest rate of 3.98%
Here are licensed moneylenders located nearby. All lenders listed are verified with the Ministry of Law and regulated under the Moneylenders Act.
All lenders verified against Ministry of Law registry. Last updated: August 3 2026.
Gig workers, freelancers and the self-employed are accepted. So are discharged bankrupts provided you are employed and your MLCB report is clean.
What to prepare:
To attend their Rochor Road office in person to sign
Fill in the application on their site. Have proof that you are currently working ready since they will not lend without it.
A loan officer discusses your amount and whether you want weekly or monthly repayment.
Have 3 months of income proof ready along with your NRIC or passport.
Go down to their Rochor Road office near Bugis to verify your identity.
Confirm your rate, fees and total repayment before signing. Ask about the 24 month option if you want lower monthly payments.
Take your cash with your signed agreement and repayment schedule.
