GS Credit Review

GS Credit Moneylender
(Product Review)

Updated December 7, 2024

  • Fact-Checked We put every effort into ensuring information on ROSHI is accurate and up to date. Double-check all details before applying or buying.
  • Disclaimer
  • Terms & Conditions
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 Saturday, December 7th, 2024, moneylenders in Singapore are charging an average monthly interest rate of 3.94%

Product Review

GS Credit is a leading licensed moneylender in Singapore, offering fast and flexible financial solutions.

Conveniently located near Clementi MRT Station, GS Credit provides a variety of loan products, including personal, business, foreigner, debt consolidation, wedding, home renovation, and medical loans. Known for their quick approval process, competitive interest rates, and transparent terms, this reputable licensed moneylender focuses on customer satisfaction.

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 professional loan officers are available to guide borrowers through the simple and efficient online application process, ensuring that financial assistance is accessible to everyone.

List of Reputable Licensed Moneylenders in Singapore (December 2024)

Moneylender Max. Loan Amount (Singaporeans) Max. Loan Amount (Foreigners) Monthly Interest Rate Google Reviews
Best Licensed Moneylender 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
Orange Credit 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 2 Lend 6 times monthly income 6 times monthly income 1-4% 5.0
118 Credit 6 times monthly income 6 times monthly income 1-4% 4.9
A1 Credit 6 times monthly income 6 times monthly income 1-4% 4.9
Abm Creditz Singapore 6 times monthly income 6 times monthly income 1-4% 4.9
Bugis Credit Up to $50,000 Up to $30,000 1-4% 4.9
Capital Funds Investments 6 times monthly income 6 times monthly income 1-4% 4.9
EZ Loan 6 times monthly income 6 times monthly income 1-4% 4.9
GS Credit 6 times monthly income 6 times monthly income 1-4% 4.9
Horison Credit 6 times monthly income 6 times monthly income 1-4% 4.9
Katong Credit 6 times monthly income 6 times monthly income 1-4% 4.9
Credit 21 6 times monthly income 6 times monthly income 1-4% 4.8
Aero Credit 6 times monthly income 6 times monthly income 1-4% 4.3
JR Credit 6 times monthly income 6 times monthly income 1-4% 4.0

*Today's Moneylenders Rates - 7 December 2024

GS Credit Moneylender Application Requirements

To apply for a loan through GS Credit, you need to:

  • Be at least 21 years old
  • Have a valid NRIC, Passport, or Foreign Identification Card (FIN)
  • Provide proof of income (e.g., payslips, CPF statements, or bank statements)

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.

GS Credit Moneylender Highlights

  • Rapid Approval

    Fast loan processing and approvals. It can take as quick as one hour.

  • Diverse Loan Options

    You can expect different loan products tailored for various financial needs.

  • Competitive Rates

    One of the lowest interest rates in Singapore.

  • Simple Application

    Easy online application process with minimal paperwork.

  • Immediate Disbursement

    Quick disbursement once the loan is approved.

  • Customer-Focused Service

    Professional loan officers are on hand to provide expert guidance.

Personal Loan Calculator

Calculate My Results

Frequently Asked Questions

How does GS Credit operate?

GS Credit offers a streamlined loan application process through their website, focusing on fast approvals and customer satisfaction. Their professional loan officers are available to assist and guide borrowers through the process.

What types of loans does GS Credit offer?

Borrowers can apply for personal loans, business loans, foreigner loans, debt consolidation loans, wedding loans, home renovation loans, and medical loans.

How long does it take to get a loan approved?

At GS credit, borrowers can obtain loan approval within one hour, up to to one business day.

Is GS Credit a licensed moneylender?

Yes, GS Credit is a licensed moneylender regulated by the Ministry of Law in Singapore.

What documents are required to apply for a loan?

Applicants must provide a valid ID (NRIC, Passport, or Foreign ID) and proof of income (payslips, CPF statements, or bank statements).

If you’re a foreigner, what income do you need to take a personal loan from a bank in Singapore?

If you're a foreigner, you'll need to have an annual income of at least S$40,000 to S$60,000 to take a personal loan from a bank in Singapore. However, at GS Credit, even if you have an annual income of less than S$10,000, you can still borrow up to S$3,000.

EXTERNAL REVIEWS

Moneylender Review