Updated March 26, 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 Wednesday, March 26th, 2025, moneylenders in Singapore are charging an average monthly interest rate of 3.84%
Katong Credit is a reputable licenced moneylender in Singapore, renowned for its quick loan processing and customer-focused philosophy. The company aims to offer dependable financial solutions. The moneylender provides various loan products with flexible repayment options and affordable interest rates.
Katong Credit stands out by offering loans to individuals with bad credit histories. Their lending portfolio includes personal, payday, foreigners, SME and small business loans, as well as life event loans for occasions like weddings and home renovations. Despite being relatively new to the market, Katong Credit has already served over 1000 clients, demonstrating their growing presence in Singapore’s lending landscape.
Borrowers also gain access to faster approval processes, more individualised attention, and larger loan amounts. The company’s emphasis on honesty and openness guarantees that borrowers loan on reasonable and unambiguous terms.
| 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 - 26 March 2025
To submit a loan application via Katong Credit, you must:
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.
You can expect a fast loan approval process to meet urgent financial needs.
The moneylender offers Lower rates than many other lenders.
Allows borrowing larger amounts with flexible terms.
There are Tailored loan solutions to meet individual needs.
Expect an easy online application with quick processing.
Operates with complete transparency and in compliance with regulations.
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