Need Cash Now?
Get Personal Loan Singapore,
8-Minute Approval.

Need Cash Now?
Get Personal Loan Singapore,
8-Minute Approval.

A Personal Loan to Reach Your Financial Goals!

A Personal Loan to Reach Your Financial Goals!

Need some extra cash to make your dreams happen this year? Or maybe got urgent money problems? A fast personal loan in Singapore can really help you out.

At Lender SG Singapore, your personal loan can get approved in just 8 minutes!

Personal Loan is Super Easy and Fast! 3 Steps Only

Personal Loan is Super Easy and Fast! 3 Steps Only

Apply With MyInfo

No need to fill up long forms! Just use your SingPass and MyInfo, your application is all filled up already.

Check Your Results

8 minutes only, then we’ll SMS you whether your loan is approved!

Collect Your Loan

Go down at our office, sign the papers, and the cash is yours!

No More Money Worries!

No More Money Worries!

We know financial stress can be tough. That’s why our loan plans are designed to give you the support you need, so you can breathe easy and focus on what matters. Here’s what you can count on: all filled up already.

Convenience First!

Getting a loan shouldn’t be a hassle. With us, the process is simple! Everything’s digital – apply online, get results fast, and repay with a tap at any SAM/AXS machine.

Trust is Everything

We’ve been a trusted name in Singapore lending since 2011, helping thousands of people just like you. Our award-winning service means we take your needs and your privacy seriously.

Your Information is Secure

We get it – data security is important! Rest assured, our systems use the latest tech to keep your info safe. We’ll never share it without your permission.

Why a Personal Loan Can Help?

Why a Personal Loan Can Help?

Ever feel like you’re barely keeping your head above water? Bills piling up, unexpected costs, and your paycheck just doesn’t stretch far enough. Sound familiar? That’s where a personal loan can be a lifesaver.

Here are some common situations:

Medical Emergencies

When a health emergency strikes, the last thing you need is financial stress. A personal loan can help cover those bills, so you can focus on getting better.

Your Dream Wedding

Don’t let money worries overshadow your big day! A personal loan can take the pressure off, making that dream venue or perfect honeymoon a reality.

Adventure Calls!

Want to finally take that bucket-list trip? A personal loan lets you say “yes” to adventure now and plan the payments for later.

Conquering Credit Card Debt

Feeling crushed by high credit card interest? A personal loan could offer a lower rate, giving you breathing room to pay off that debt faster.

Need Cash? Here’s a Quick Guide on Personal Loans in Singapore

Need Cash? Here’s a Quick Guide on Personal Loans in Singapore

Sometimes life throws you a curveball, and you need some extra cash, right? Whether it’s to make your dreams come true or just to stay afloat, a personal loan can help. But if this is your first time borrowing from a licensed money lender, the whole thing can feel a bit confusing.

So, here’s what you MUST KNOW before taking out a personal loan:

A personal loan is a sum of money you borrow from a bank or lender to cover various expenses. You don’t have to put up any of your belongings (like your house or car) as collateral. This makes personal loans a flexible option for things like:

  • Weddings
  • Unexpected medical bills
  • Family emergencies
  • Other major costs

Personal loans can be helpful tools in various situations. While they sometimes get a bad reputation, they offer a way to manage expenses like:

  • Planned events: Weddings, home renovations, and vacations are all big costs a personal loan can help cover.
  • Education: If you need help paying for school, a personal loan can bridge the gap.
  • Emergencies: Unexpected medical costs or sudden financial hardship can be eased with a personal loan.
  • Consolidating debt: If you have high-interest credit card debt, a personal loan might offer a lower interest rate, saving you money.

Personal loans are a useful tool, but choosing the right one is important. Before you apply, carefully consider these key factors:

  • Need vs. Want: Do you truly need the loan, or is it for something you can save up for? Only borrow for urgent situations (like medical bills).
  • Interest Rates: Different lenders offer different rates. A lower interest rate means you pay less overall. Shop around and compare offers – places like Lender SG might offer interest as low as 1.8%!
  • Ability to Repay: Can you realistically afford the monthly payments? Factor in the loan amount, interest rates, any fees, and potential late payment charges.
  • Loan Tenure: How long do you have to repay the loan? Longer tenures mean smaller payments but higher total interest over time. Choose a plan you can comfortably manage, and consider repayment frequency (weekly, bi-weekly, etc.).
  • Eligibility: Do you meet the lender’s criteria? Common requirements include being over 21 years old and having a minimum income. Lenders like Lender SG may have more flexible options if you don’t meet typical bank criteria.

Applying for a personal loan in Singapore is straightforward:

  • Find the Right Lender: Compare banks and licensed moneylenders. Consider interest rates, fees, loan terms, and eligibility requirements. Lenders like Lender SG often offer competitive rates and streamlined applications.
  • Complete the Application: Most lenders have online forms. Provide your personal information, income details, and the reason for the loan.
    Submit Supporting
  • Documents: This usually includes proof of income, identity, and address.
  • Wait for Approval: Decisions can be quick, especially with tech-driven lenders like Lender SG, where approvals might take only minutes.
  • Receive Your Funds: If approved, the loan amount will be disbursed to your designated bank account.

Eligibility depends on the lender and your circumstances:

Banks

  • Minimum annual income: Typically S$30,000 (may vary based on citizenship)
  • Foreigners face higher income requirements
  • To borrow large amounts (6x your monthly income): You may need an annual income of S$120,000 or higher

Licensed Moneylenders

  • More flexible income requirements – you may qualify even if you earn less than S$30,000 annually.
  • Less strict overall eligibility criteria.
  • Proof of income still needed: Payslips, CPF contributions, or tax statements.

A personal loan is a sum of money you borrow from a bank or lender to cover various expenses. You don’t have to put up any of your belongings (like your house or car) as collateral. This makes personal loans a flexible option for things like:

  • Weddings
  • Unexpected medical bills
  • Family emergencies
  • Other major costs

Personal loans can be helpful tools in various situations. While they sometimes get a bad reputation, they offer a way to manage expenses like:

  • Planned events: Weddings, home renovations, and vacations are all big costs a personal loan can help cover.
  • Education: If you need help paying for school, a personal loan can bridge the gap.
  • Emergencies: Unexpected medical costs or sudden financial hardship can be eased with a personal loan.
  • Consolidating debt: If you have high-interest credit card debt, a personal loan might offer a lower interest rate, saving you money.

Personal loans are a useful tool, but choosing the right one is important. Before you apply, carefully consider these key factors:

  • Need vs. Want: Do you truly need the loan, or is it for something you can save up for? Only borrow for urgent situations (like medical bills).
  • Interest Rates: Different lenders offer different rates. A lower interest rate means you pay less overall. Shop around and compare offers – places like Lender SG might offer interest as low as 1.8%!
  • Ability to Repay: Can you realistically afford the monthly payments? Factor in the loan amount, interest rates, any fees, and potential late payment charges.
  • Loan Tenure: How long do you have to repay the loan? Longer tenures mean smaller payments but higher total interest over time. Choose a plan you can comfortably manage, and consider repayment frequency (weekly, bi-weekly, etc.).
  • Eligibility: Do you meet the lender’s criteria? Common requirements include being over 21 years old and having a minimum income. Lenders like Lender SG may have more flexible options if you don’t meet typical bank criteria.

Applying for a personal loan in Singapore is straightforward:

  • Find the Right Lender: Compare banks and licensed moneylenders. Consider interest rates, fees, loan terms, and eligibility requirements. Lenders like Lender SG often offer competitive rates and streamlined applications.
  • Complete the Application: Most lenders have online forms. Provide your personal information, income details, and the reason for the loan.
    Submit Supporting
  • Documents: This usually includes proof of income, identity, and address.
  • Wait for Approval: Decisions can be quick, especially with tech-driven lenders like Lender SG, where approvals might take only minutes.
  • Receive Your Funds: If approved, the loan amount will be disbursed to your designated bank account.

Eligibility depends on the lender and your circumstances:

Banks

  • Minimum annual income: Typically S$30,000 (may vary based on citizenship)
  • Foreigners face higher income requirements
  • To borrow large amounts (6x your monthly income): You may need an annual income of S$120,000 or higher

Licensed Moneylenders

  • More flexible income requirements – you may qualify even if you earn less than S$30,000 annually.
  • Less strict overall eligibility criteria.
  • Proof of income still needed: Payslips, CPF contributions, or tax statements.

Ready for a Personal Loan? Get Informed and Choose Wisely

Ready for a Personal Loan? Get Informed and Choose Wisely

Understand your options and find the loan that fits your goals