bestlicensedmoneylender.com.sg Open in urlscan Pro
103.7.8.14  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Skip to content
 * Home
 * About Us
 * Services
   * Personal Loan
   * Business Loan
   * Payday Loan
   * Renovation Loan
   * Wedding Loan
   * Instant Loan Approval
 * Blog
 * FAQ
 * Contact Us
 * Loan Calculator

Menu
 * Home
 * About Us
 * Services
   * Personal Loan
   * Business Loan
   * Payday Loan
   * Renovation Loan
   * Wedding Loan
   * Instant Loan Approval
 * Blog
 * FAQ
 * Contact Us
 * Loan Calculator

Apply Now

Home » Service » Personal Loan

SERVICES


PERSONAL LOAN

Whether you are working on a personal project, want to pay your bills or just
acquire an item you always wanted, a personal loan can provide instant help.


Apply Now



BENEFITS OF A PERSONAL LOAN
WITH BEST LICENSED MONEYLENDER




FLEXIBLE LOAN TENURE


FAST APPROVAL


QUICK LOAN PROCESSING


MINIMUM CREDIT REQUIREMENTS


PRIVATE & CONFIDENTIAL

Apply Now

Personal loans offer immediate and timely relief to whoever in need of it. This
makes personal loans one of the most essential types of loans because they are
easily accessible and do not require collateral security. In Singapore, for
example, they are adaptable and simple to use. Best Licensed Money Lender Pte
Ltd is a licensed provider of the best personal loan in Singapore. With a goal
to address your financial problems, we offer great customer service and
solutions.

Whether you are working on a personal project, want to pay your bills or just
acquire an item you always wanted, a personal loan in Singapore can help. Every
personal loan can be adapted to your needs, and you can request the amount of
money that you need.

Whether you need money for your career advancement, tech or personal products,
we are always here to help every step of the way. You can apply for the best
personal loan in Singapore just within a few minutes, and we will be ready to
help.

Once you complete the loan application, we will reply within a few hours with
our answer, and then we can provide you with the funds right away. We offer a
monthly installment personal loan in Singapore that’s efficient, reliable and
easy to use as well. As a licensed money lender Singapore, it’s crucial for us
to deliver the best value and results, while bringing in the utmost attention to
detail.

If you always needed a personal loan quickly, don’t hesitate and contact us
today. We offer the best loan in Singapore with a monthly flexible repayment
plan that you can adjust to your needs, and we are excited to help you fulfill
your project

Try Our Loan Calculator


TYPES OF PERSONAL LOANS

If the various sorts of personal loan in Singapore are properly understood, one
may make an informed decision.


UNSECURED PERSONAL LOAN

This is a sort of personal loan in Singapore that does not require collateral.
It can be used to categorise money incurred from medical bills, tuition fees, or
any other unexpected event. It is common since it is simple to obtain and does
not put your finances at risk.


SECURED PERSONAL LOAN

In this situation, you will be required to provide collateral, such as your car
or property. This draws low interest because it secures the loan. If you desire
a substantial loan, this is the most suitable alternative to consider.


PAYDAY LOAN

It is known as a payday loan since it is issued on short notice and must be
repaid as soon as the borrower receives their pay. The loan is easily accessible
to assist in emergencies.

 


ELIGIBILITY CRITERIA

To be eligible for a personal loan in Singapore, you will need to meet the basic
qualifications:

CriteriaDetailsAgeAt least 21 years oldIncomeStable income with proof (e.g.,
bank statements)EmploymentEmployed or self-employedCredit scoreBasic credit
requirements


APPLICATION PROCEDURE

The process of applying for the best personal loan Singapore with us is simple.

 * Apply on our website or visit our office. It only takes a few minutes to
   finish the form.
 * Submit relevant documents for the verification process. These include
   identity and income. Make sure your documents are up to date to avoid any
   delays.
 * We review your application and notify you of its status within 2 hours during
   business hours. We provide a very quick review of the application.
 * Visit our branch for a face-to-face verification, sign the agreement, and
   receive the funds instantly.


REPAYMENT METHODS

We offer repayment options to meet your financial requirements. You can apply
for monthly instalments or plans with the option of pre-closure at no extra
cost. The payment terms of the best loan in Singapore are tailored to your
budget. This makes it easy to manage your financial resources.


INTEREST RATES AND ASSOCIATED FEES

The cost of your loan is heavily influenced by the interest rates and fees you
pay.

A. INTEREST RATES

We provide competitive pricing, which can be either fixed or variable. Fixed
rates are stable throughout the loan repayment period, while variable rates may
change based on market conditions. It is critical to determine the type of rates
you are exposed to better plan your repayment strategy.

B. ASSOCIATED FEES

We will notify you of any potential costs before you sign the loan agreement. We
do not charge processing, origination, or other hidden fees. Transparency is
vital for ensuring that you are informed of all expenses involved.


FACTORS TO CONSIDER BEFORE YOU GET A PERSONAL LOAN

There are various requirements to consider before applying for the best personal
loan in Singapore:

 * Interest rates: They determine the amount of repayment you will make. Compare
   interest rates of lenders to get the optimal deal.
 * Loan tenure: Choose a loan tenure that is appropriate for your repayment
   capabilities. Longer tenure would result in a lower monthly payment but a
   greater total interest payment.
 * Monthly instalments: Payment of monthly instalments should not result in a
   financial burden. Drawing up a monthly budget for expenses will help in
   meeting financial obligations comfortably.
 * Credit score: A good credit score may help you get a favourable loan. Improve
   it before you apply to increase your chances of loan approval.
 * Total amount of repayment: Consider the total loan amount in the long term.
   Ensure that you have information on the amount to be paid during the full
   course of the loan.


REQUIRED DOCUMENTS

Prepare the following documents for a hassle-free loan application process:

 * Identity proof: Your identity proof, which can be your NRIC or SingPass.
 * Income proof: Your last recent payslips, CPF statements, or bank statements.
 * Employment proof: An employment letter or contract.
 * For foreigners: Attach a valid work permit and proof of residence, to confirm
   that you are legally staying in Singapore.


BENEFITS OF PERSONAL LOANS

Taking a personal loan in Singapore with Best Licensed Money Lender PTE LTD
offers the following benefits:

 * Flexible loan tenure: Choose a suitable tenure that meets your needs. The
   flexibility in loan tenure can help you plan your finances well.
 * Fast approval: Approval in less than 2 hours. Fast approvals ensure that your
   financial needs are addressed quickly.
 * Quick loan: Our streamlined processes mean you get your funds with little to
   no delay.
 * Minimum credit requirements: Accessible to people of various credit scores.
   We believe that everyone deserves equitable access to credit.
 * Flexible repayment terms: Flexible repayment terms and schedule.
 * High-quality service: Get professional and quality loan services that will
   meet and exceed your expectations.
 * Private & confidential: Handling your personal information with care, your
   information is safe and secure with us. All client details are encrypted and
   protected.


RISKS AND CONSIDERATIONS

Although personal loans have various advantages, they also carry certain risks.
Because of the high interest rate, certain personal loans may have larger fees
than others. Additionally, if you do not repay the loan in full after the due
date or if you make a late payment, your credit score could be affected.
Borrowing must be done carefully, assuming you are capable of meeting the
repayment terms.

Read More


HOW IT WORKS


APPLY WITH MYINFO

Submit application via SingPass retrieve your information via MyInfo directly.
Faster and easier way to submit application.
Apply Now


BOOK APPOINTMENT

Received in-principal approval within the same business day. Book your
appointment with us.


COLLECT YOUR FUNDS

Visit us at our outlet, you can directly obtain your cash from us or via PAYNOW

FAQ


FREQUENTLY ASK QUESTIONS

Read our frequently asked questions for fast answers

What is a Personal Loan?


A personal loan is a financial arrangement characterized by minimal paperwork
requirements and the absence of the necessity for collateral or security. These
loans offer accessible funds that can be utilized for a wide range of purposes.

What are the eligibility criteria for a Personal Loan?


To qualify for the best personal loans in Singapore, you need to meet the
following basic requirements:

 * You must be a Singaporean citizen, permanent resident or foreigner with a
   valid work permit.
 * Your age should fall within the range of 21 to 60 years.
 * For Singaporeans or Permanent Residents, with minimum annual income of
   $20,000.
 * Foreign workers are required to have a minimum annual income of $40,000.

What are the possible uses for a Personal Loan?


When applying for a personal loan in Singapore, you typically do not need to
provide a specific reason for the loan. However, common situations in which
people take out personal loans include emergencies, funding weddings, covering
study fees, and consolidating credit card debts.

How much Personal Loan am I eligible for?

Your maximum personal loan amount is influenced by the borrowing limit set by
the Ministry of Law. Typically, you can borrow up to six times your monthly
salary within this limit. Here is a table for your reference, and the maximum
amount applies across all moneylenders in Singapore.

Borrower’s annual income Singapore Citizens and Permanent Residents Foreigners
residing in Singapore Less than $10,000 $500 At least $10,000 and less than
$20,000 $3,000 $3,000 At least $20,000 6 times monthly income 6 times monthly
income

Which is the most popular bank in Singapore to secure a loan from?


Personal loans are easy to obtain from all banks in Singapore, although the
eligibility restrictions vary. It depends on your financial situation and credit
history. Research and compare each one to your needs before determining the best
loan in Singapore to peruse.

What are some of the uses for personal loans?


You can use the loan to pay for fees, home upgrades, medical expenditures, and
even school tuition.

How are personal loans different from those of banks?


Personal loans are faster to approve, have lower credit requirements, and offer
a more personalised service. We strive to make the procedure as simple and
straightforward as possible for you.



Personal loans provide an easy solution to demanding needs. At Best Licensed
Money Lender PTE LTD, we offer the flexible and fast personal loans to suit your
requirements. Apply now and take the first step toward your financial goals with
the best loan in Singapore.

Apply Now

We have been in the industry since 2004 and we are here to help you with all
your financial needs. We offer loan packages that can be customised to suit your
needs. Book an appointment with us for a non-obligation discussion.

USEFUL LINKS

 * Our Loans
 * Loan Calculator
 * How It Works
 * About Us
 * Customer Reviews
 * FAQs
 * Blog
 * Contact Us

Menu
 * Our Loans
 * Loan Calculator
 * How It Works
 * About Us
 * Customer Reviews
 * FAQs
 * Blog
 * Contact Us

OUR SERVICES

Personal Loan

Business Loan

Payday Loan

Renovation Loan

Wedding Loan

Instant Loan Approval

ADDRESS

Best Licensed Moneylender Pte Ltd
Licensed Moneylender
License No. 45/2023

Address:
13, NORTH BRIDGE ROAD,
#01-3984, GOLDEN BEACH VISTA,
SINGAPORE 190013

2024 © Copyright Best Licensed Moneylender PTE LTD. All rights reserved. 
Privacy Policy

Apply
Call
Locate
WhatsApp