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Text Content

Apply For Loan


 * Home
 * About Us
 * Reviews
 * Contact Us
 * FAQ

 * Home
 * About Us
 * Reviews
 * Contact Us
 * FAQ


EXPERT RESPONSIVE THOROUGH

LOCATED IN THE HEARTLANDS

Our services


ONLINE LOAN APPLICATION

Δ




WE ARE NEW ERA

Let us help you with your personal finance needs.

GET A FLEXIBLE INTEREST RATE, WITH HIGHER CEILING LIMIT

When it comes to finding the right amount for you, New Era Credit has the
ability to cater to your requirements.

EASY APPLICATION PROCESS, WONDERFUL OFFERS

We’ve made it easy for you to apply for credit, when and where you prefer.

YOUR INFO IS SAFE WITH US, PRIVACY YOU CAN TRUST

Our top priority is to protect our clients’ privacy. You can trust us to keep
your information private.

THE ONLY THING YOU PAY FOR, IS WHAT YOU BORROW.

We offer our customers an exclusive repayment plan tailored to their abilities.

SIMPLIFY LOAN ELIGIBILITY, HASSLE-FREE CANCELLATION

Requirements are lowered to make credit application easier.

WIDE RANGE OF PACKAGES, FOR ALL INCOME GROUPS

We believe that everyone should have equal opportunities to obtain credit,
regardless of income, race, abilities.


CREDIT SOLUTIONS

Regardless of what financial hurdle awaits you, our solution offers will allow
you to achieve your desired goals. As a long-standing financial institution,
we’ve helped countless Singaporeans find a package that fits their budget and
lifestyle.

 * PERSONAL FINANCING
   
   Personal financing from New Era is the smart choice for those who needs a
   tailored solution. Personal financing that can be used for credit card
   payments.
   
   

 * FAMILY FINANCING
   
   There are numerous reasons why the average family has to seek help. Any time
   your income does not increase at the same rate as your expenses, you could
   have a cashflow issue.
   
   

 * BUSINESS FINANCING
   
   If you’re considering get credit-line to expand or launch your business, now
   is a great time to seek out available funding. Let us help you decide which
   package will work best for you
   
   

 * STUDENT FINANCING
   
   Never let your finances stand between you and furthering your education. From
   tertiary to local, private or overseas education.
   
   

 * EMERGENCY FINANCING
   
   During rainy days, you can focus on dealing with the issue on hand instead of
   having to worry about how you will get enough money to pay for it.
   
   

 1. 1
 2. 2


AN EASY 3 STEP PROCESS FOR A TAILORED PACKAGE

New Era will help you to get immediate financing by offering you what other
lenders are unable to. When you apply for a package with us, you can count on
quick, efficient service.

SUBMIT AN APPLICATION ONLINE

To apply for credit, simply fill out the application form. It only takes a
minute.

GET APPLICATION STATUS

Within the day, you will know the outcome of the application and be offered a
tailored pacakge.

SAME DAY DISBURSEMENT

All you have to do is sign the contract and get your money on the same day.

Apply Now


FREQUENT ASKED QUESTIONS

We answer the most frequently asked questions about our packages.

Who is eligible to apply?

As long as you own any of the following, you are eligble.

 * National Registration Identity Card (NRIC)
 * Permanent Resident (PR)
 * Employment Pass (EP)
 * S-Pass
 * Work Permit

What documents are required when I apply?

Local or Permanent Resident applicants:

 * NRIC
 * Passport
 * CPF Statements
 * Pay slips (3 months)

Foreigner applicants:

 * Valid Employment Pass (WP, SP, EP)
 * Valid Residential Address
 * Pay slips and Bank Statements

How fast will i get the money?

As soon as you sign the agreement, you can receive a cheque or a bank transfer
on the same day.

What should I take note of before I apply?
 * Read the contract of your agreement carefully.
 * Only borrow the amount you can afford.
 * Understand all conditions stated before signing the agreement.
 * What are your financial commitments?
 * Pay off your due in full every month to avoid unnecessary late interest
   charges.

Is it safe to apply online?

Client’s information submitted to us are kept confidential by our 3rd-party
software JNC Systems, which is in compliance of section 15 of the PDPA.

What are your operating hours and address?

We are open from:

Monday to Sunday
10:00AM – 7.30PM

50 East Coast Road
#02-58
Singapore 428769

OUR LOAN GUIDELINE

Minimum Duration For Repayment

Maximum Duration For Repayment

Minimum Annual Percentage Rate (APR)

Maximum Annual Percentage Rate (APR)

From 2 Months (61 Days Onward)

Up to 60 Months

4.0% Per Annual

Up To 48% Per Annum On Reducing Interest Rate

LOAN ILLUSTRATION – $2000

Total Amount Borrowed

Duration of Repayment

Monthly Interest Rate

Annual Percentage Rate of Charge (APR)

Total Interest To Be Repaid

Estimated Monthly Payment

Total Amount To Be Repaid

$2000

6 Months

0.33% (4%/6 months)

4% APR

$23.40

$337.23

$2000 Principle + $23.40 Interest = $2023.40

AMORTIZATION TABLE

PAYMENTPRINCIPALINTERESTTOTAL
INTERESTBALANCE$337.23$330.57$6.67$6.67$1669.43$337.23$331.67$5.56$12.23$1337.77$337.23$332.77$4.46$16.69$1004.99$337.23$333.88$3.35$20.04$671.11$337.23$335.00$2.24$22.28$336.11$337.23$336.11$1.12$23.40$0.00

 

* Principle balance includes interest accrued
 * The above stated calculation excludes admin fee.
 * This is an estimate only and should not be used for accounting purposes.
 * The actual credit amount and interest rate offered by New Era Credit (S) Pte.
   Ltd. will differ depending on your individual credit profile and
   affordability.
 * Speak to us to get a personalized Ioan plan.



50, EAST COAST ROAD, #02-58,
ROXY SQUARE,
SINGAPORE 428769

LIC NO. 93/2022

Tel: 66816475

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