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Quickloan Review

Quickloan Moneylender
(Product Review)

By Dawn Chew Quickloan Review

Updated December 23, 2025

Launch Application

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

    Check Eligibility

    Current Moneylender Interest Rate Trends

    Today’s moneylender interest rate trends in Singapore – As of Tuesday, December 23rd, 2025, moneylenders in Singapore are charging an average monthly interest rate of 3.78%

    Product Review

    Quick Loan Pte Ltd, formerly Quick Loan 101, has been a trusted licensed moneylender in Singapore since 2010. With over 20,000 satisfied clients and a 4.9 Google rating, they specialize in quick, flexible, and affordable loans tailored to borrowers’ needs.

    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

    Known for their swift approval process and customer-first approach, QuickLoan ensures that borrowers promptly receive the necessary funds. Conveniently located in Singapore’s CBD, provides lending accessible alternatives to traditional bank loans. They prioritize transparency, customer privacy, and financial well-being, offering personalized, hassle-free loan solutions. The company empowers individuals through clear communication and a commitment to meeting diverse financial needs.

    List of Licensed Moneylenders in Singapore (December 2025)

    All moneylenders listed below are authorised to operate legally in Singapore under the Moneylenders Act. They adhere to strict regulations set by the Ministry of Law including caps on interest rates, fees and ethical lending practices. Always verify a moneylender's license on the Ministry of Law's official website before proceeding with any loan application.

    Loan amount must be between 500 and 100,000.
    Tenure must be between 1 and 60 months.
    All
    All
    ROSHI Approved
    Low to High
    Low to High
    High to Low
    118 Credit
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.9  
    $1,060.58
    Check Eligibility
    Majestic Credit
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.5  
    $1,060.58
    Check Eligibility
    1st Credit SG
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    5.0  
    $1,060.58
    Check Eligibility
    101 Credit
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.9  
    $1,060.58
    Check Eligibility
    A1 Credit
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.9  
    $1,060.58
    Check Eligibility
    Sincere Moneylender
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    5.0  
    $1,060.58
    Check Eligibility
    Capital Funds Investments
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.9  
    $1,060.58
    Check Eligibility
    KST Credit
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    5.0  
    $1,060.58
    Check Eligibility
    JNB Credit
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.9  
    $1,060.58
    Check Eligibility
    Valuemax
    Address
    3.92%
    Grocery Vouchers
    Up to 1% Cashback
    4.6  
    $1,060.58
    Check Eligibility
    Show All Lenders

    *Today's Moneylenders Rates - 23 December 2025

    Quickloan Moneylender Application Requirements

    To apply for a loan through QuickLoan, 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.

    Quickloan Moneylender 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.

    • Secure Transactions

      Ensures privacy and security of your personal information.

    • Customer-Centric Service

      Personalized service with flexible repayment plans.

    • Convenient Access

      Apply for loans online from the comfort of your home.

    • Transparent Terms

      Clear and straightforward loan terms with no hidden fees.

    Personal Loan Calculator

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    Frequently Asked Questions

    How does QuickLoan operate?

    QuickLoan utilizes a streamlined loan application process available on their website, prioritizing fast approvals and high customer satisfaction.

    What types of loans does QuickLoan offer?

    Borrowers can apply for personal loans, business loans, and payday loans through QuickLoan.

    How long does it take to get a loan approved?

    Loan approvals at QuickLoan can be completed within a few hours to one business day.

    Is QuickLoan a licensed moneylender?

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

    What documents are needed 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).

    What income do foreigners need to qualify for a personal loan in Singapore?

    Foreigners typically need an annual income of at least S$40,000 to S$60,000 to qualify for a personal loan from a bank in Singapore. However, QuickLoan allows foreigners with an annual income of less than S$10,000 to borrow up to S$3,000.

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