Singapore Money Lender

We are here to help.

Are you looking for a Licensed Moneylender in Singapore?

About United Credit

YOUR TRUSTED LICENSED MONEYLENDER IN SINGAPORE SINCE 2010

50+

Loans Served Daily

5000+

Happy Customers

10

Years of Experience

UNITED CREDIT - LICENSED MONEY LENDER SINGAPORE

Why Choose United Credit?

We are pioneers in this business and know it inside out. Unfortunately, there are times where we are in need financially and require help. Regardless your credit score, we will try our best to find what’s best for you. We are here for you during the hard times, whether for your bills, shortfall of the month or other personal reasons. We are also able to customise a loan plan just for you. Just remember to only take what you need! Do contact us today!

Here Are Some Other Reasons To Choose Us:

30 Seconds Online Application

Swift Approval Within 30 Minutes

Low Income Applicable

Competitive Interest Rates

Types Of Loans

Monthly Loans

Monthly Loan Scheme that helps you to ease your debts and installments.

Pay Day Loans

Pay Day Loan for you to tide over to your next pay cheque.

Foreigner Loans

Loans in specific for foreigners. They are really not as hard as you think!

Business Loans

Short Term Business Loads to tide over the bad times.

Consolidated Loans

Consolidate your loans with us for you to tide over your difficult periods.

Renovation Loans

Renovation loans for new couples!

See What Our Clients Says

Kudos to Alvin and his staff, who made the effort to understand my financial situation before coming up with a realistic and sustainable repayment plan for my loan. Always grateful to them for helping me through the tough times.
Mr Ismail
Hawker

Apply for an Quick Cash Loan Singapore with United Credit Now!

Get An Instant In-Principle Approval And Collect Your Money On The Spot!

Visit Our Office Today!

Phone Number

+65 6222 0227

Please Email Us For Other Loan Enquries.

hello@unitedcredit.com.sg

How To Locate Us?

Our address at 275 Thomson Road, Novena Regency, #01-21 S307645. 
1. You can take a 5-minute walk from Novena MRT
2. You can also take Buses: 5, 21, 54, 56, 57, 131, 141, 143, 162, 162M, 166, 167 ,640, 851, 980 that stops directly outside the building.

Please make an appointment with our financial consultants before visiting.

UNITED CREDIT - LICENSED MONEY LENDER SINGAPORE

About Us

Established since 2010, UNITED CREDIT are the pioneers of personal finance solutions and one of the most reputable licensed moneylenders in Singapore.All these years, we have been assisting countless customers just like you in finding solutions to their financial problems.Our team of experienced finance consultants are committed to answering your queries, hearing your difficulties out, and finding solutions that can ease your financial burden.
We are professional at all times, while adhering strictly to the rules and regulations set out in Singapore’s Moneylenders Act.Below are the loan services we offer, with an interest rate of 4%, as stipulated in Singapore’s Moneylenders Act.

FAQ

Here are some of our Frequently Asked Questions that we get from most of our clients. Do take some time browsing through and we hope you may find the answers you are looking for!

  • At least 21 years old.
  • Singaporean/PRs/S Pass/E Pass.
  • Full time employment or self employed.
  • Identity Card (only original accepted, no photocopies).

For unsecured loans, please refer to the table below for the total maximum amount that you may borrow at any time across all moneylenders in Singapore:

Borrower’s Annual IncomeSingapore citizens and Permanent ResidentsForeigners residing in Singapore
Less than S$10,000S$3,000S$500
S$10,000 to S$19,999S$3,000S$3,000
S$20,000 and above6 times monthly income6 times monthly income

With effect from 1 October 2015, all moneylenders are only permitted to impose the following charges and expenses:

  • a fee not exceeding $60 for each month of late repayment
  • a fee not exceeding 10% of the principal of the loan when a loan is granted and
  • legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.

For Singaporeans / Permanent Residents

  • NRIC
  • Know your SingPass log-in and password
  • Proof of Residence – Tenancy Agreement or Any recent monthly letter from your letterbox
  • Most recent pay slips for the past 3 months
  • Bank Statement (You may log in to Internet Banking)

 

For Foreigners

  • Work Permit / S Pass / Employment Pass
  • Passport
  • Proof of Residence – Tenancy Agreement or Any recent monthly letter from your letterbox
  • Most recent pay slips for the past 3 months
  • Bank Statement (You may log in to Internet Banking)
  • Employment Contract
  • Staff Card / Pass

 

For Business Loans

  • ACRA Business Profile (Minimum 2 Years Incorporation)
  • Most recent Financial Statements for past 2 years
  • Most recent Company Bank Statements for past 6 months
  • Office / Shop Tenancy Agreement (if any)
  • Incoming Invoices or Business Contracts
  • NRIC of Directors / Partners
  • List of company-owned assets (if any) 

Our loan officers will explain to you the repayment mode of the loan and terms and conditions of the contract.

WHAT DOCUMENTS DO YOU NEED TO FURNISH?

For Singaporeans / Permanent Residents

  • NRIC
  • Know your SingPass log-in and passward
  • Proof of Residence – Tenancy Agreement or Any recent monthly letter from your letterbox
  • Most recent pay slips for the past 3 months
  • Bank Statement (You may log in to Internet Banking)

 

For Foreigners

  • Work Permit / S Pass / Employment Pass
  • Passport
  • Proof of Residence – Tenancy Agreement or Any recent monthly letter from your letterbox
  • Most recent pay slips for the past 3 months
  • Bank Statement (You may log in to Internet Banking)
  • Employment Contract
  • Staff Card / Pass

 

For Business Loans

  • ACRA Business Profile (Minimum 2 Years Incorporation)
  • Most recent Financial Statements for past 2 years
  • Most recent Company Bank Statements for past 6 months
  • Office / Shop Tenancy Agreement (if any)
  • Incoming Invoices or Business Contracts
  • NRIC of Directors / Partners
  • List of company-owned assets (if any)  

It can take as fast as 20 minutes – provided all required documents are in order.

  • Make sure that the correct principal amount of the loan is printed on the contract.
  • Pay the loan instalments on time to avoid incurring late payment fees and late interest.
  • Make sure that the receipt is dated and signed every time you repay your loan or pay any fees in cash, and check it for correctness (e.g. name, amount, date).
  • Make sure you receive a statement of account for all your loan(s) at least once every 6 months, and check it for correctness (e.g. name, amount, date); and
  • You should retain all statement of accounts and receipts of payments, as documentation and evidence of payments.
  • A copy of the contract is printed and given to you.
  • All loan contracts must be signed face-to-face in the approved office by the Ministry of Law Singapore.
  • We do not use abusive language, or behave in a threatening manner towards you.
  • We do not request for your SingPass user ID and/or password through the phone.
  • We do not retain your NRIC card or any other personal ID documents (e.g. driver’s licence, passport,work permit, employment pass or ATM card).
  • Check the Registry of Moneylenders. You can download a list of licensed moneylenders

Licensed moneylenders are permitted to advertise only through these three channels:

(a) business or consumer directories (in print or online media).

(b) websites belonging to the moneylender; and

(c) advertisements placed within or on the exterior of the moneylender’s business premises.

All other channels are prohibited.

If you receive flyers, SMSes, emails or other forms of advertisements which are not permitted, these would either be from licensed moneylenders operating in breach of the advertising restrictions, or from unlicensed moneylenders.

Hence, you are advised not to respond to such advertisements. Instead, you should report the advertisements by providing the Min Law’s officer with a proof of the advertisements (for SMS – a screen capture) to the Registry at e-mail address: OneMinLaw@mlaw.gov.sg or to the Police.

  • Apply online through our online application form (our consultants will contact you shortly after receiving your application), or
  • Walk-in to our office at 275 Thomson Road, Novena Regency, #01-21, Singapore 307645 , or
  • Call us at 62220227 (Alvin Quek) and speak to our friendly financial consultants!

You can contact the Registry at telephone number: 1800-2255-529 or at e-mail address: OneMinLaw@mlaw.gov.sg.
If you have any questions regarding the latest licensed moneylender interest rate, do contact UNITED CREDIT at our number below, or visit our office and we will do our best to answer all your queries.
For further information, you can read about it at: MINISTRY OF LAW SINGAPORE