The Best Money Lending Service Providers In Singapore

If you are decided to loan money from a licensed moneylender instead of the bank, there are many options to choose from in Singapore. Always remember there are moneylenders that are not registered with the Registrar of Moneylenders in Singapore so be cautious when applying for loans and make sure that the moneylender is licensed. Always remember to read reviews online from those who have borrowed from different providers. Compare interest rates and check how fast loan applications are approved. Sometimes, the interest rate plus amount of loan are not the only fees you have to repay. Some providers ask for additional fees so make sure if there are and if they are reasonable rates.

If it's your first time getting cash loans, here are some of the best money lending service providers around.

1. AKB Moneylenders (Blk 150 Lorong 1 Toa Payoh)

If you're looking to get a short-term credit, AKB Moneylenders might be the money lending service you need. For those who need a quick cash loan, AKB quickly reviews loan application like no other. There are additional fees which you may have to pay aside from the interest. Ask them for a detailed account of what you need to pay them back (interest rates, other fees, etc.).

2. Credit Hub Capital (190 Middle Road #12-08 Fortune Centre)

Credut Hub has an excellent customer service to assist you while applying for a loan. They offer good rates of personal loans but with extra charges on top of the interest rates. Make sure to pay the required amount back since they are strict with their repayment guidelines.

3. Max Credit (1 Sophia Road #07-26 Peace Centre)

For those looking for small personal loans, Max Credit offers a variety of cash loan packages to suit your needs. The types of loans provided are Fast Cash Personal loans, Emergency Cash loans and Home loans.

4. Royal Credit (390 Victoria Street #03-43 Golden)

Royal Credit offers both business and personal loans with reasonable rates. They are a licensed money lender with a more flexible repayment program compared to other money lenders. Customers are ensured that the loan they apply for best suit their needs without high interest rates.

5. Money3 (99 Geylang Road)

Because of their low interest rates, a loyal client base is what Money3 has to boast. They specialize in low income loans, especially focusing on those in the low and middle class, who need immediate financial assistance. They approve loan application fast and timely. Because they offer small cash loans, they also have short repayment methods their clients can pay without much hassle. They provide professional service and their staff explains the interest and payment scheme in complete detail.