Best Licensed Money Lenders in Singapore

The Comparison : Finding The Best Money Lenders in Singapore

To date, there are around 154 licensed moneylenders in Singapore, and all of them claim to be the best. That is why it is quite tough to find a trustworthy, reliable, and reasonable moneylender, especially when you urgently want a fast cash loan. Our research team is trying to make your job easier by doing the entire research work and finding you the best money lenders.

You need to note here that not all the money lenders fulfill the criteria of being the best one. There are a few essential factors which must be met:

  • The percentage of positive reviews is the first and foremost indication that a money lender falls into a good criterion. These reviews can be found on various websites
  • Moneylenders need to have an over eight years of continuous operation without license’s suspension by Minlaw – Registry of Moneylenders
  • There shouldn’t be overloading of bad reviews on forums, directories, and other sites.

If a moneylender can accomplish these main factors, you can include them in the top money lenders list.

Let’s see what we have here for you!

Compare Best Loan Offers From-Licensed Money Lenders In Singapore

Top 8 Licensed Money Lenders in Singapore

If you are looking for reputable with best reviewed licensed money lenders in Singapore? Here you go, you don’t need to search anymore because we have compiled a list of the top 8 best money lenders in Singapore.

1. Crawfort Singapore ⭐⭐⭐⭐⭐

Singapore’s Fastest-Growing Micro Financing Company

Google Review Rating: 4.8 (835 reviews)

Crawfort Singapore

Crawfort Finance is one of the most famous and reputable money lenders in Singapore. It is a well-established and trustworthy financial institution that is working to provide affordable money lending solutions to everyone in Singapore. At Crawfort, you can find the lowest starting rates and easy accessibility. It also fulfills one of the most critical factors of highest positive rating and enjoys 4.8 ratings from over 835 customer reviews (the most-reviewed lending company). This positive rating is also a proof that the company takes care of the priority of its customers.

Another most significant feature of Crawfort is that their turnaround time is concise, and you don’t have to wait for days or months to get your loan application approved. It takes pride in offering fast loans where you can apply in just minutes. It digitalised the entire loan process. Their workflow is highly efficient as well as convenient. All you need to do is to submit your loan application either on their website or by visiting them personally. After the submission, you will receive the status of your application in less than an hour. That is all! You only need to visit Crawfort and get your funds right away!

Quick Enquiry for a Personal Loan

Get a Call Back in Minutes!

Only Singaporean/PR are applicable.

Terms and Conditions

Only 21 years old and above is eligible for loan application.

To preserve the confidentiality of all information you provide to us we maintain the following Privacy Principles.

By clicking "Submit" and providing your personal data, you consent to our loan providers contacting you via the telephone and email and permitting to do a search on the Credit Association Singapore (CAS) web portal for the loan application purpose.

We only collect personal information that we believe to be relevant and required to understand your financial needs.

We will only use any information collected as minimally as possible, mainly to assist us in customising and delivering loan packages that are of interest to our customers.

We will not make unsolicited requests for customer information through email or the telephone, unless customers initiate contact with us.

We have established strict confidentiality standards for safeguarding information on our customers.

Our loan providers will not use or disclose information collected from you other than for the purpose made known to you, authorised by you or required by the Law.

Crawfort – Best Customer Service

Crawfort Singapore Best Licensed Money Lender

Crawfort – Retail Store Environment

Crawfort Singapore Best Customer Service

The easiness at the end of users is the main factor why this company is so famous in Singapore. Other than these aspects, Crawfort has a highly-trained workforce. Their staff is highly professional and friendly. All the processes will guided for you in detail. Thus, the entire process of money lending using this company is just a click away! Due to the same reason, Crawfort has a diverse pool of consumers from all areas of life. No matter you have poor credit or you need money instantly, Crawfort is always there to offer you fast cash in a quick time without any strict terms and conditions.

Crawfort aspire to be a trusted brand in Singapore known for viable financial solutions for individuals faced with limited credit access. In 2019, they have earned a spot on the list of Singapore Prestige Brand Awards 2019. At Crawfort, they offers the most comprehensive types of personal loans in Singapore.

Singapore Prestige Brand Gold Awards 2019

Loan Offers by Crawfort

  • Easy Personal Loan
  • Low Incomer Loan
  • Fast Cash Advance
  • Fast Payday Loan
  • Bad Credit Loan
  • Monthly Installment Loans
  • Short Terms Weekly Loan
  • Debt Consolidation Loan
  • Bridging Loan
  • Wedding Loan
  • Renovation Loan
  • SME Business Loan

Crawfort (Singapore) Contact Details

  • Business Name: Crawfort Pte. Ltd.
  • Moneylender License Number : 97/2019
  • Address : 1, North Bridge Road, #01-35, High Street Centre, Singapore 179094
  • Telephone : 67778080
  • Website :

2. Credit Hub Capital

Google Review Rating: 4.4 (53 reviews)

The second on the list and one of the best money lenders in Singapore, known as “Credit Hub Capital.” It has 4.4/5 from 53 customer reviews. This company is also counted as the top-rated due to the immense benefits it provides. Credit Hub Capital is working intending to ease the loan process in Singapore. We all are aware that acquiring a loan in Singapore is no less than a nightmare, especially when you have low credit. To eliminate this complication and to help the customers, this company is offering amazing features.

It gives you access to fast cash in less than an hour. Their interest rates and minimal and highly competitive. Moreover, it doesn’t charge hefty fees like many other money lenders in the market as well as banks. Furthermore, the repayment schedules are also fixed, and you’ll get 100% privacy and confidentiality by choosing this moneylender.

Loan Offers:

  • Flexi Personal Loan
  • Quick Payday Loan
  • Debt Consolidation Loan
  • Short-term Business Loan

Contact Details

  • Business Name: Credit Hub Capital Pte. Ltd.
  • Moneylender License Number : 139/2019
  • Address : 190 Middle Road, #10-01A Fortune Centre, Singapore 188979
  • Telephone : 6338 5115
  • Website :

3. Credit Excel Capital

Google Review Rating: 4.3 (23 reviews)

The third best money lender company on our list is Credit Excel Capital having a 4.3/5 ratings from 23 review. To keep your daily business activities running and help you meet your expenses, Credit Excel Capital is one of the best choices you can make. It has over 9 years of experience in the industry. Provides fast and efficient loan approval and monthly installments loans at a very low-interest rate

Credit Excel Capital is not only working for the locals, but it is also helping the foreigners to meet their needs in tough times. It is working with a mission to help everyone residing in Singapore, whether local or foreigner. Moreover, their procedures and processes are hassle-free, fast, and straightforward. Just like the previous two companies, their staff is highly friendly as well as experienced and will help you even on Sundays. It also promises to keep all their clients’ information confidential.

Loan Offers

  • Personal loan
  • Fast Payday loan
  • Business loan

Contact Details

  • Business Name: Credit Excel Capital Pte. Ltd.
  • Moneylender License Number : 123/2019
  • Address : 192 Waterloo Street#06-03 Skyline Building, Singapore 187966
  • Telephone : 6337005
  • Website :

4. QV Credit

Google Review Rating: 4.8 (90 reviews)

The next excellent money lending company on the list is QV Credit. It has a 4.8/5 ratings from 90 existing reviews. It is one of those great companies with no hidden costs and easy to understand terms and conditions and lots of amazing packages. There are absolutely no surprises after you are done with the process.

It offers an easy and straightforward online application with fast approval. Moreover, even if you have a low income, you are eligible for this loan.

Loan Offers

  • Personal loans
  • Payday loans
  • Business loans
  • Wedding loans
  • Fast, urgent, cash loans
  • Installment loans
  • Short terms loans

Contact Details

  • Business Name: QV Credit Pte. Ltd.
  • Moneylender License Number : 123/2019
  • Address : 175A Bencoolen Street #11-08 Burlington Square Singapore 189650
  • Telephone : 6100 8655
  • Email :
  • Website :

5. Cash Mart

Google Review Rating: 4.4 (123 reviews)

The fifth great company is Cash Mart. With over 100 reviews from its clients, it has a 4.4/5 rating. Same as other money lending companies we have mentioned before, this company also offers quick and easy services. With more than 50,000 customers, this company enjoys a rating of 4.4 with about 123 existing reviews. Moreover, it is also an A+ rating.

Loan Offers

  • Payday loans
  • Business loans
  • Personal loans
  • Car loans
  • Foreigner loans
  • Flexi loans

Contact Details

  • Business Name: Cash Mart Pte. Ltd.
  • Moneylender License Number : 157/2018
  • Address : 277 Balestier Road, Singapore 329726
  • Telephone : 6397 4111
  • Email :
  • Website :

6. Lending Bee

Google Review Rating: 4.9 (364 reviews)

Another licensed money lender on the list is Lending Bee. It is a subsidiary company of Credit 21 Pte Ltd. Currently have a 4.9 rating from 364 existing reviews. Among its advantages is that it serves multiple locations: Far East Plaza (Orchard), Tao Payoh, Bedok North, and Jurong East. Currently, it can allow unsecured loan borrowings up to $100,000 and a secured loan of up to 2 million. With a longer loan tenure of up to 36 months for its unsecured loan. As a customer-centric company, it uses easy-to-use online form loan applications for convenience. It also employs an online system where borrowers can check their loan status.

Loan Offers

  • Personal Loans
  • Business loans
  • Life stage Financing Loans
  • Education Financing Loans
  • Travel Financing Loans
  • Medical Financing Loans

Contact Details

  • Business Name: Lending Bee Pte. Ltd.
  • Moneylender License Number: 54/2019
  • Address: 14, Scotts Road, #02-44/45, Far East Plaza, Singapore 228213
  • 190, Lorong 6 Toa Payoh, #01-548, Singapore 310190
  • 213, Bedok North Street 1, #01-111, Singapore 460213
  • 135, Jurong Gateway Road, #01-335, Singapore 600135
  • Telephone:6242 8733
  • Website:

7. Monetium Credit

Google Review Rating: 4.0 (45 reviews)

One of the top 8 licensed moneylender in Singapore is Monetium Credit. Based in 10 Jalan Besar Sim Lim Tower, values flexibility, transparency, swiftness, and efficiency. It gains a 4/5 rating from 45 reviews. Another pride of the company is that it has 8 service counters. The use of digital technology is also present. It also has a lounge area wherein food and drinks are provided to the waiting clients. It also gives its clients for short term and monthly installment the most flexible repayment schedule.

Loan Offers

  • Personal Loans
  • Payday Loan
  • Business Loan
  • Lifestyle Loan
  • Home Renovation Loan
  • Debt Consolidation Loan

Contact Details

  • Business Name: Monetium Credit (S) Pte. Ltd.
  • Moneylender License Number: 177/2019
  • Address: 10, Jalan Besar, #01-01, Sim Lim Tower, Singapore 208787
  • Telephone:6777 7775
  • Website:

8. Credit Culture

Google Review Rating: 4.1 (13 reviews)

Credit Culture Pte Ltd is a subsidiary of Dey Pte Ltd. has an aim to provide the competitive interest rates for personal loans. Its monthly interest is capped at 4% with no hidden charges. Maximum loanable amount is up to $50,000. With its digitalised technology it generates straight forward real-time personalised interest rates. Getting also a real-time estimate of the monthly loan installment is also possible. It specialises on offering personal loans for any occasion: credit card /debt consolidation, wedding, renovation and medical expenses.

To date this licensed moneylender has a 4.1 rating from 13 online reviews.

Loan Offer

  • Personal Loans

Contact Details

  • Business Name: Credit Culture Pte. Ltd.
  • Moneylender License Number: 57/2019
  • Address: 9, Craig Road, #02-01, Singapore 089669
  • Telephone: 6921 7300
  • Website:
Things to consider before choosing a money lender

Things to consider before choosing a money lender

There are many fraudulent actions when it comes to money lenders in Singapore. To regulate this act the Ministry of Law in Singapore has defined some rules which need to follow by all the money lenders. These guidelines are also made available to the public so that everyone can be aware of the money lending activities to prevent falling victim to fraud.

Guidelines on Moneylending

  • If a moneylending company grants you loan regardless of how much you earn in a year, then you will have to pay a maximum of 4% interest rate every month.
  • It is a requirement for the license lenders to calculate the amount of interest-based on reducing the balance. It means that they should charge you with an interest rate of 4% on the repayment every month.
  • A money lender can charge you only a 10% fee as administrative charges which is paid immediately.
  • Only $60 per month is charged from you if you make a late repayment.
  • The interest rate on late repayments is charged only till they remain unpaid.
  • The cost of loan borrowing should not be more than the total principal loan.

How to protect yourself from illegal and fraudulent money lenders?

To protect yourself from illegal money lenders, you must check whether they are licensed or not. It is easy to obtain proof of their licensing. There are more than 150 licensed money lenders, so you have got a lot of options to choose from. Licensed money lenders are those who fulfill all the requirements by the Ministry for moneylending.

Another way to point out legal money is that a legitimate lender will never hide the terms and conditions from you and will give you time to read them so that you can sign a contract. So, make sure you read and understand the requirements before moving ahead.

Thirdly, a legal money lender will only take a 10% fee (of the principal amount) from you. Moreover, also check out the reviews of moneylenders before choosing one.

Following are hints that you are dealing with an illegal money lender:

  • Requesting you to transfer them for a loan processing admin fee upfront
  • Asking to share your SingPass User ID or password (Never share your credentials)
  • Giving you a blank paper to sign the contract
  • Providing your contract to sign without giving you the terms and conditions first
  • Sending you SMS to advertise their company and services
  • Approving your loan application immediately over the phone or even on SMS

If you encounter any of the above, you are in the wrong hands!

The way how a money lender advertises also says a lot. A legal an authentic money lender will only advertise on:

  • Its website
  • Consumer directories or business directories
  • Advertisements outside the physical office

The advertisements coming from emails, flyers, and SMS are an indication of a false moneylender.

So, before heading to get your loan from a moneylender, you need to:

  • Prepare all your necessary documentation to complete the paperwork
  • Your proof of residency such a letter from the landlord with your name and address are written on it.
  • Your identity or proof of verification.
  • Your appointment letter from the office
  • Your payslip (must not be 3-months old)

If you are foreigner, then you need to show:

  • Employment pass or work permit
  • Passport
  • Proof of employment like a company or staff pass, appointment letter and payslip
  • Proof of your residency
  • A bank account statement (in your salary bank)

Keep in mind that a reputable and licensed moneylender will never ask you to provide your password.

Thus, if you want profit for your business or need money, then you should only go to legal moneylenders. We have compiled all this information for you to save from the hassle of finding an excellent moneylender from the comfort of your home.

Money lender responsibility before granting a loan:

Informing you about your principal loan is not enough, a licensed moneylender must inform you clearly about their terms and conditions. They must be transparent in discussing with you the following:

  • Interest Rate
  • All fees required
  • Late Interest Charges
  • Schedule of Repayment
  • Cautionary statement to the borrower

A licensed moneylender will always abide by the law. It will make sure that you clearly understand the information listed above. They will never hide any information from you. Additionally, they personally explained to you the cautionary statement. It contains the criteria of an abusive money lender and a warning not to accept this type of lender. As proof that you’ve understood this statement, you are required to affix your signature.

What to do after loan approval?

To ensure that you are not a victim of scams, make sure that the money lender delivers the exact principal amount. Take note also that they are only allowed to deduct a fee of up to 10% of your principal loan amount.

Once you have claimed the principal amount, it is now your responsibility to follow the terms and conditions. Additionally, take note of the following upon receiving and when it’s time for your repayment:

  • You must have a copy of loan agreement
  • Obtain a copy of receipt every time you made payment for the fees and also with your repayment
  • You must receive a copy of your statement of account at least once every January and July and make sure that the information is correct – your name, amount paid and the loan balance
  • Keep the important documents -receipts and statement of accounts safely

Keep in mind that a reputable and licensed moneylender will never ask you to provide your password. Always remember, they will guide you all throughout your lending experience, even after your loan approval.

Thus, if you want some extra funds for business or for personal needs, then you should only go to legal moneylenders. We have compiled all this information for you, to save from the hassle of finding an excellent moneylender from the comfort of your home.