Updated December 7, 2024
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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 Saturday, December 7th, 2024, moneylenders in Singapore are charging an average monthly interest rate of 3.94%
Lendingpot is Singapore’s leading digital loan marketplace, connecting both businesses and individuals with a network of over 45 lenders to meet various funding needs. The platform simplifies the loan application process, allowing users to compare offers from multiple lenders with a single application.
At Lendingpot, you may obtain personalised loan offers from several banks and financial institutions. They assist you in comparing the offers and guide you through disbursement with the loan provider you choose. Lendingpot is known for its competitive loan terms, transparent processes, and supportive team, ensuring a smooth and efficient experience for those seeking financing.
| 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
To apply for a loan through Lendingpot, you need to:
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.
Offers a wide range of loan products including personal loans, business term loans, invoice financing, and property-backed loans.
Lenders compete to provide the best loan offers.
Single application to access multiple lenders.
A dedicated team to assist throughout the loan application process.
Information is securely managed in compliance with PDPA.
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