Payday Loan

About Payday Loan in Singapore

A payday loan is basically a kind of personal loan that is for a short period time. It is also frequently cited as cash advance. This loan can be acquired within an hour unlike the other ordinary loans of bank. You need to provide minimal documents as per requirements and checking is also not so much strict. This means that there is nothing to worry about disapproval and not much paperwork is required to apply for the loan.

Now if you are looking for a reliable moneylender for the Best Payday loan in Singapore, you need to be sure whether the lender is authorized or rightful. There is a list of the licensed money lenders in Singapore and you need to check it on the website of Ministry of law before applying for loan. The website contains the current most updated money lenders’ list. Therefore, you won’t have any issue regarding the loan. However, looking through 150 over licensed moneylenders in Singapore will not be easy, therefore we have shortlisted a list of reliable and trustable money lenders. You can double check if your preferred licensed moneylender chosen from our website is listed on the Ministry of Law for assurance. You can completely rely on us and take loans for paying any financial debts.

Advantages of Payday Loan

Payday Loan is one of the most popular Personal loan option and is one of the best short term loan out there. We have come across time when you are down with bad finances but you just can’t wait until your next pay. Payday loan can serve as an urgent loan where you can get your loan approved within hours, then pay back the loan on your next payday. All can be done with minimum hassle of long approval processes when getting a loan from the bank.

Things to consider when applying for a Payday Loan in Singapore

  • Payday loans seem handy during financial emergency but the lender’s reputation in Singapore must need to be checked. In this case, you don’t have to worry about searching high and low for a reputable licensed moneylender as all the moneylenders listed on our website are trustable and are all enlisted in the Ministry of Law in Singapore.
  • As per the rules, few things will be considered before providing the loan and make sure that you are capable to fulfill the requirements. The requirements are very simple, you should be age 18 years and above and have a legal employment proof. You can either be a Singapore citizen, a Permanent residence or a Foreign worker with an employment pass. Once we verify all these things, getting the loan will be a matter of less than an hour only.

If you require a fast payday loan or instant cash loan, you can request for quote online from the licensed moneylenders by filling up the loan application form on our website. After that you will be able to compare the terms and rates of repayment and choose the best option among them.


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