EZ Loan Review

EZ Loan
(Product Review)

Updated April 16, 2025

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6 times monthly income

Max. Loan Amount (Singaporeans)

6 times monthly income

Max. Loan Amount (Foreigners)

1 – 4%

Monthly Interest Rate

Current Moneylender Interest Rate Trends

Today’s moneylender interest rate trends in Singapore – As of Wednesday, April 16th, 2025, moneylenders in Singapore are charging an average monthly interest rate of 3.94%

Product Review

EZ Loan is a licensed moneylender in Singapore, renowned for its quick and efficient financial solutions. They offer a variety of loan products including personal, payday, business, and debt consolidation loans. EZ Loan is committed to transparency and customer satisfaction, providing fast loan approvals and clear terms without hidden fees.

Singapore’s Favourite
Loan Marketplace
Up to 1% Cashback*
$20 Grocery Voucher*
Quick 5 Minutes Approval

$1,000

$200,000

3 Months

72 Months

Your monthly payment

337

Rate Disclaimer*

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

Their convenient online application process through Singpass ensures secure and efficient transactions. Additionally, EZ Loan offers flexible repayment plans, making their loans manageable and tailored to individual needs. With a focus on customer-centric service, EZ Loan stands out as a reliable option for those seeking financial assistance in Singapore.

List of Reputable Licensed Moneylenders in Singapore (April 2025)

Moneylender Max. Loan Amount
(Singaporeans)
Max. Loan Amount
(Foreigners)
Monthly Interest Rate Google Reviews ROSHI Approved
  • ROSHI partners exclusively with carefully vetted licensed moneylenders who meet our rigorous quality standards. The ROSHI approval check mark indicates that a moneylender has successfully passed our comprehensive evaluation
  • 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 - 16 April 2025

    EZ Loan Application Requirements

    To submit a loan application on EZ Loan, you must:

    • Be at least 21 years old.
    • Singapore Citizens, Permanent Residents, and foreigners with valid employment passes are eligible.
    • Provide identification documents
    • Proof of income (recent payslips or bank statements), and employment verification.
    • Complete the online application form via Singpass for secure and efficient processing.

    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.

    EZ Loan Highlights

    • Fast Approval

      Efficient loan processing and quick approval for urgent financial needs

    • Flexible Loan Options

      A wide range of loan products to meet various financial requirements.

    • Competitive Interest Rates

      Affordable and transparent interest rates.

    • User-Friendly Application

      Simple online application with minimal paperwork.

    • Convenient Access with Personalised Service

      Apply for loans online from the comfort of your home.

    • Personalised service with flexible repayment plans.

    Personal Loan Calculator

    Calculate My Results

    Frequently Asked Questions

    What types of loans does EZ Loan offer?

    EZ Loan provides personal, payday, business, and debt consolidation loans.

    Who is eligible to apply for a loan with EZ Loan?

    Singapore Citizens, Permanent Residents, and foreigners with valid employment passes who are at least 21 years old can apply.

    What documents are required for the loan application?

    Applicants need to provide identification documents (NRIC or FIN), proof of income (recent payslips or bank statements), and employment verification.

    How quickly can I get approved for a loan?

    Loan approvals are typically fast, with the application process streamlined through Singpass for quick and secure transactions.

    Are there any hidden fees with EZ Loan?

    No, EZ Loan prides itself on transparent terms with no hidden fees, ensuring a clear understanding of all costs involved.

    EXTERNAL REVIEWS

    Moneylender Review