Valuemax Review

ValueMax Moneylender
(Product Review)

Updated December 7, 2024

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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 Saturday, December 7th, 2024, moneylenders in Singapore are charging an average monthly interest rate of 3.94%

Product Review

One of the top pawnbroking chains in Singapore is ValueMax. The business provides financial services, such as retail watch sales, jewellery sales, and moneylending.

ValueMax was founded in 1988 and has since expanded quickly with more than 48 locations around Singapore. The company offers professional appraisals and secure transactions, guaranteeing its clients obtain accurate assessments and dependable service. Many recognise ValueMax as a reliable brand for appraisals and short-term funding requirements.

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

Moneylending services are provided through VM Credit Pte Ltd and it offers a range of loan products including prrivate financing, property mortgage loans, unsecured personal loans, and dealership financing.

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

ValueMax Moneylender Application Requirements

To use ValueMax’s services, bring along your:

  • ID (a foreign ID, NRIC, or passport).
  • Bring the item you wish to sell or pawn with you.
  • Ensure you fulfil the conditions of the loan before applying for one.

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.

ValueMax Moneylender Highlights

  • Extensive Services

    ValueMax offers moneylending and pawnbroking services. It also sells jewels and gold at retail.

  • Expert Appraisals

    You will receive trustworthy and accurate estimates for various items.

  • Convenient Locations

    Value Max has more than 48 locations around Singapore.

  • Fast & Easy-Free

    Look forward to quick processing times and an effective service.

  • Safe & Reliable

    Guarantees the dependability and security of your valuable belongings.

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Frequently Asked Questions

What goods can you pawn at ValueMax?

Valuable personal belongings like watches, jewellery, gold, and luxury purses can be pledged as collateral for loans.

How long does the pawnbroking procedure take in total?

Expect to take about ten minutes from the time of appraisal to the time of cash distribution.

Does pawnbroking include any costs?

Indeed, you should anticipate interest of 1.5% monthly for a pawn loan and other transaction costs. The shop will reveal the information to the customer upfront. Check the website for any promotions.

How will ValueMax calculate my item's value?

The worth of your item is determined by the company's skilled master appraisers, who have at least for 10 to 50 years. They authenticate the object first, then carefully inspect it to determine its condition. They use their knowledge to assess the pawn value, also with the aid of cutting-edge evaluation tools. You will then be presented with the final amount.

Can I renew my pawn ticket online?

Yes, ValueMax offers an online renewal service for your convenience.

Is ValueMax a licensed moneylender?

Yes, ValueMax operates as a licensed moneylender, providing secured and unsecured loans.

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