CreditMaster Review

CreditMaster Review
(Product Review)

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Updated 07 Jan 2026

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Glossary

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Useful Resources

07 Jan 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

    Apply Now

    CreditMaster Product Review

    CreditMaster is a licensed money lender in Singapore focused on delivering comprehensive and professional financial services. With a strong commitment to customer satisfaction, CreditMaster offers a wide range of loan products that can be customized to suit all personal and business needs. Be it managing unexpected expenses, consolidating debts or capturing financial opportunities, every loan application with CreditMaster is hassle-free, with competitive interest rates and flexible repayment terms. Their commitment to transparency and customer care ensures a secure experience when borrowing.

    Current Moneylender Interest Rate Trends

    Today’s moneylender interest rate trends in Singapore – As of Wednesday, April 22nd, 2026, moneylenders in Singapore are charging an average monthly interest rate of 3.78%


    Compare Loan Offers
    from 20+ Lenders
    Up to 1% Cashback*
    $20 Grocery Voucher*
    Quick 5 Minutes Approval

    $1,000

    $200,000

    3 Months

    72 Months

    Total Cashback

    10

    Your monthly payment

    337

    Rate Disclaimer*

    *Based on a $20,000 loan at 6.95% APR over 5 years, read more

    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
    1AP Credit
    Address
    3.92%
    4.9  
    $1,060.58
    Credit Culture
    Address
    3.92%
    4.6  
    $1,060.58
    Capital Funds Investments
    Address
    3.92%
    4.9  
    $1,060.58
    Advance Cash Credit
    Address
    3%
    Grocery Vouchers
    Up to 1% Cashback
    5.0  
    $1,004.62
    Quick Credit
    Address
    3.92%
    5.0  
    $1,060.58
    Hup Hoe Credit
    Address
    3.92%
    5.0  
    $1,060.58
    ABI Credit
    Address
    3.92%
    4.9  
    $1,060.58
    Quickloan
    Address
    3.92%
    4.9  
    $1,060.58

    All lenders verified against Ministry of Law registry. Last updated: April 22 2026.

    CreditMaster Application Requirements

    To apply for a loan with CreditMaster, applicants must meet the following criteria:

    • Be at least 21 years old.
    • Be a Singapore Citizen, Permanent Residentor foreigner with a valid work pass or employment documentation.

    Documents Required:

    • NRIC or passport.
    • Proof of residency (e.g., utility bill or tenancy agreement).
    • Employment verification (e.g., payslips, CPF contributions or an employment letter).
      Other financial documents, if required.

    PROMOTIONS

    APPLICATION PROCESS

    • Apply & Submit

      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

    • Document Upload

      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]

    • Application Review

      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 Offers

      Compare loan offers in real-time through your application dashboard. Our customer success team is available to discuss loan details.

    • Lender Appointment

      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.

    • Funds Disbursement

      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.

    CreditMaster Highlights

    • Quick Application Process

      Online applications with approvals in as little as a few hours.

    • Tailored Loan Plans

      Flexible repayment options based on your financial capacity.

    • Transparent Terms

      No hidden fees or complicated conditions. Everything is clear and easy to understand.

    • Multiple Loan Types

      Personal, business, renovation, education and debt consolidation loans.

    • Trusted Licensed Provider

      Fully accredited by Singapore’s Ministry of Law.

    Frequently Asked Questions

    How do I apply for a loan with CreditMaster?

    Simply fill out the online application form or visit their office. The process is quick and user-friendly, with guidance provided at every step.

    What are the repayment terms for loans?

    CreditMaster offers flexible repayment plans tailored to suit your financial situation, ensuring you can manage repayments comfortably.

    Can I apply for a loan with a poor credit score?

    Yes, CreditMaster evaluates applications on a case-by-case basis, taking into account your financial situation and repayment ability.

    What types of loans does CreditMaster offer?

    They offer a variety of loans, including personal, business, renovation, education and debt consolidation loans.

    Are there any fees for early repayment?

    No, CreditMaster encourages early repayments without any penalties or extra charges.