Personal Loan Finder

Apply Personal Loan in Singapore

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Apply Online for personal loans – fast cash and easy application

Best Personal Loan in Singapore. Fast approval. Licensed Moneylender

Are you looking for a personal loan in Singapore? At personalloanfinder.co, we help you find a personal loan that matches your requirements. We can help you with easy loan application with fast approval. Simply apply for a personal loan online with us to make sure the moneylender you will find is a legal lender. What is a personal loan?

Personal loans are "unsecured" debt because they are not backed by a collateral, such as your home or car. Lenders will typically gauge your creditworthiness by using your credit score to determine whether to give you a personal loan and at what interest rate.

Once your loan application is approved, you will receive a lumpsum to use the money for whatever purpose you wish. You will then need to pay back a fixed repayment every month that includes interest up to a certain fixed period of time.

What is the difference between a bank loan and a moneylender’s loan?

Some people may turn to a moneylender for a personal loan because banks have stricter borrowing criteria. For instance, to borrow from a bank, you’d need to meet the following requirements:

  • Minimum annual income of $30,000
  • Last 12 months’ CPF statement
  • Good credit score

Foreigners, lower-income earners and those who do not have a good credit score may find themselves rejected for a bank loan. This is when a legal moneylender will be able to help you. You can make use of our directory to help you find legal moneylenders with the best personal loan rates.

Bank loans may also require you to borrow for a minimum tenor or a year, which can be unsuitable for those who are looking for a short term loan. Someone who wants to get a fast approval loan may also have better luck with a licensed moneylender instead of a bank who has longer approval process.

How do I apply for a personal loan online?

You can find a list of moneylenders here with their address and details. Simply fill in the form here to let us know about your requirement. Following this, the lender(s) will call you shortly. Because legal moneylenders are not allowed to issue loans online, you will need to make a trip down to their office to sign the contract.

When going to the moneylender, please remember to bring the following document:
  • NRIC for Singaporean and Permanent Resident
  • S or E Pass and passport for foreigner
  • Three months’ pay slips for foreigners
  • Letter of employment for foreigners
  • Latest proof of billing address Permanent Resident and foreigners
It’s that simple. Start to apply loan now!