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10 Best Payday Loans In Singapore [2023]

Payday Loan Singapore

Best Payday Loan Singapore
Best Payday Loan Singapore

In Singapore, there are many different types of payday loans. These loans come in a variety of shapes and sizes, but the one thing they all have in common is that they must be repaid within a short amount of time. Finding the best loan can often seem like an impossible task because there are so many to choose from. This article will discuss 10 options for payday loans in Singapore and how each one compares to the other.

1. Goldstar Credit Pte Ltd

Goldstar Credit - Payday Loan Singapore
Goldstar Credit – Payday Loan Singapore (Credit: Goldstar Credit)
Key ServiceLoans with unbeatable rates
AddressHougang Branch
1187 Upper Serangoon Road(Hougang Central) #01-21
The Midtown. Singapore, 533971

Toa Payoh Branch
Blk 190 Lorong 6 Toa Payoh (Toa Payoh central),
#01-576, Singapore S310190
(2 shops from KFC and just beside to 7-11, Guaradian)
Phone Hougang Branch
Tel: 6384 0088

Toa Payoh Branch
Tel: 6252 0088
Operating Hours 11.30am – 8.00pm (Mon to Sat)

10.00am-5.00pm (Sunday)

Goldstar Credit Pte Ltd has a high approval rate and provides same-day approvals. You won’t have to wait days for a personal loan or checks to clear when you choose them.

They understand that some of their clients need cash as soon as possible, which is why the loan procedure is quick and trouble-free. Their loans are transparent and have no hidden fees, as they are a trustworthy and highly regarded licensed moneylender.

Regardless the amount or type of loan you get, you can be sure that Goldstar Credit Pte Ltd has no collateral, no guarantor, and no deposit needed.

Key Differentiators

  • All personal information that are handed to them is safely secured
  • Provides assistance to individuals and businesses who find themselves in financial strain
  • Offers loan solutions that are tailored to your every need

Customer Testimonial

“Ms Vanessa is very patience and try her very best to help the customer( me). I like her attitude of not giving up easily and make me feel that there is a way to settle the impossible! Thankiu so much!! Very much appreciated!”

2. A1 Credit

A1 Credit - Payday Loan Singapore
A1 Credit – Payday Loan Singapore (Credit: A1 Credit)
Key ServiceLoanable amount of up to one month worth of income
Address2 Havelock Rd, #02-08 Havelock II, Singapore 059763
Phone +65 6336 0833
Operating Hours Monday to Friday – 11 am to 8:30 pm
Saturday & Sunday – 11 am to 5 pm
(Closed on Public Holidays)

A1 Credit provides a wide range of financial services, including their best payday loan in Singapore. Their solutions may meet all of your requirements if you need a budget for urgent payments, emergency repairs, or a holiday cash shortage.

They comply with all the rules and regulations of the law, so rest assured that you’ll be in good hands. To apply, you must be 18 years old and above — local and foreign employees are covered, and only those who have an income of $1,500 can be approved.

Key Differentiators

  • Approval within 30 minutes
  • Flexible payment schedule

Customer Testimonial

“Ariene Lu was very helpful and very detail in explaining the loan which i intended to take up.whole process was very smooth and A1 staff were professional.Ariene was very polite and professional.This is really a trusted credit company and i will surely recommend this to anyone who is genuine in need of help.Thank you Ms Airene and A1 for helping me solve the finance issue i’m having and granted me the loan on the spot! Very impress”

3. Credit 365

Credit 365 - Payday Loan Singapore
Credit 365 – Payday Loan Singapore (Credit: Credit 365)
Key ServiceMonthly installment loans
Address14 Scotts Road #03-64 Far East Plaza, Singapore 228213
Phone +65 6222 5500
Operating Hours Weekdays: 10:30am–8:30pm

Weekends: 10:30am–5pm

A cash advance on your salary will provide you with immediate access to funds so you can tide yourself over the coming weeks until payday. Because monthly installment loans are provided by 365 Credit, you may use them to get through the next several weeks before pay day. The payment schedule is determined based on your ability to pay, allowing for a stress-free negotiation.

To apply, you must be a citizen or permanent resident of the US. Locals and non-residents with 18 years of age can apply, and the needed wage range is $1,500 – $2,000 per month. All required documents have now been submitted, and you’re ready to proceed with loan approval.

Key Differentiators

  • Same-day cash loan approval
  • Separate foreigner loan

Customer Testimonial

“I’m back again and requested to be served by Cecilia as I was served by her when I was there a few months back. I feel very comfortable and happy with her patience and explanation. Not that I’m not happy with the rest of the staffs. Overall the staffs there are friendly as they do smile at you when you enter. No regrets going there and will recommend friends in future”

4. Raffles Credit

Raffles Credit - Payday Loan Singapore
Raffles Credit – Payday Loan Singapore (Credit: Raffles Credit)
Key ServicePersonalised loan repayment terms
Address17A Circular Road Singapore 049373 We are at Level 2! Nearest MRT: Raffles Place & Clarke Quay)
Phone +65 6235 1788
Operating Hours Mon to Fri: 10.30am to 8pm

Sat & Sun: 10.30am to 4.30pm

Closed on Public Holiday

Raffles Credit offers a highly flexible payment plan that is suited to your specific requirements and convenience. You can apply for their best payday loan in Singapore, regardless of whether you’re a local or foreign resident, as long as your annual income is between $18,000 and $24,000.

Not only do they provide you with low-interest loans, but they also allow you to calculate precisely how much you’ll have to repay. They also offer personal, business, foreign, and monthly loans in addition to other services.

Key Differentiators

  • 60-minute loan approval
  • No hidden charges

Customer Testimonial

“I am very happy with this company. They really helped me finish my loan without pressuring me. They are very very patient with me especially this past few months that i had struggle financially. All their staff will serve you with a smile. Everything will be properly explained to you.”

5. Advance Cash Credit

Advance Cash Credit - Payday Loan Singapore
Advance Cash Credit – Payday Loan Singapore (Credit: Advance Cash Credit)
Key ServiceFast Cash Loans
Address304 Orchard Lucky Plaza, #04-12 Singapore 238863
Phone Contact no: +65 6250 0848

Fax No. : +65 6336 4044
Operating Hours Monday – Friday: 10.30am to 7.30pm

Saturday: 10.30am to 4.30pm

Sunday / Public Holiday : Closed

Advance Cash Credit is an excellent option if you ever find yourself in a bind and need cash fast to pay off those unanticipated bills and costs. They’re well-known throughout Singapore for their quickness, dependability, and ease of interaction.

Advance Cash Credit offers you the money you require without having to worry about interest accruing and the due date being too near. All they want is to assist those who are in need of help but are unable to obtain it from their own banks.

Key Differentiators

  • Few-Stepped Application
  • Low Interest Rates
  • Highly Flexible Payment Schemes

Customer Testimonial

“Excellent, reliable and fast service by loan officer Kai Ling. Highly recommended if you intend take loan from them.”

6. Accredit Loan

Accredit Loan - Payday Loan Singapore
Accredit Loan – Payday Loan Singapore (Credit: Accredit Loan)
Key ServiceCash Advance, Personal, and Business Loan
AddressTampines: 503 Tampines Central 1, #01-315, Singapore 520503

Hougang: 1187 Upper Serangoon Rd, #01-15 The Midtown, Singapore 533971

Tiong Bahru: 18, Jalan Membina, #01-04, Singapore 164018

Yishun: 743 Yishun Ave 5, #01-548, Singapore 760743
Phone Tampines: +65 6226 2662

Hougang: +65 6245 2662

Tiong Bahru: +65 6261 2662
Operating Hours Tampines:
Monday-Friday: 11 am to 9 pm
Saturday-Sunday: 10 am to 5 pm

Monday-Friday: 10 am to  8 pm
Saturday-Sunday: 10 am to  5 pm

Tiong Bahru:
Monday – Friday: 11 am to  9 pm
Saturday – Sunday: 10 am to  5 pm

Monday – Friday: 11 am to  9 pm
Saturday – Sunday: 10 am to  5 pm

If you require financial assistance, give Accredit Licensed Money Lender a call. They provide loans for personal and business purposes, as well as emergency funds and company loans.

The lenders at Accredit Loan are proud of providing the finest quality cash loans suited to your demands, with low interest rates. They promise that you can rely on them for your financial requirements.

Through the help of their expertise, best believe that they can help you with your concerns. Reach out to them today, and be provided with the best assistance!

Key Differentiators

  • Low interest rates
  • Fast, safe and simple
  • Secured and responsible lending

Customer Testimonial

“Grace and her colleague have been very helpful and patiently attends to my enquiries. Excellent service with no hidden costs.”

7. Capable Loans

Capable Loans - Payday Loan Singapore
Capable Loans – Payday Loan Singapore (Credit: Capable Loans)
Key ServiceOne-stop SME Loans
Address34 Boon Leat Terrace #05-15, Singapore 119866
Phone +65 9273 7185 
Operating Hours Daily: 9am–9pm

With Capital Loans, you can get your business up and running with ease! They can handle almost any small-business requirement, from start-up funds to equipment expenditures. You won’t have to worry about your starting money when you work with them.

They’re simple to work with because they relate well to every client, no matter how big or tiny the company they serve. Make sure to look into more of their services and apply early to get a free assessment and personalized check on what loans might be right for you.

Key Differentiators

  • Fast and Efficient Service
  • Great Customer Dealings
  • Easy Applications

Customer Testimonial

“Most efficient of all the loan agencies. Capable Loans got back to me the fastest and were very quick with assessing/submitting for my company. One shot got my business loan approved”

8. Quick Credit

Quick Credit - Payday Loan Singapore
Quick Credit – Payday Loan Singapore (Credit: Quick Credit)
Key ServiceFewer document requirements
AddressNo 2 Jurong East Street 21 #04-01A IMM Building 609601 Singapore
Phone +65 6899 6188
Operating Hours Weekdays: 11:00 am to 8:00 pm

Weekends: 12:00 pm to 5:00 pm

Quick Credit offers a quick and easy loan application procedure that doesn’t require as many documents as other lenders. The borrower’s annual income is used to determine their lending limit.

They also take into account unique circumstances when making offers for flexible monthly payments. You may apply for it without difficulty, whether you’re a local or international citizen.

Key Differentiators

  • Local and foreign residents
  • Flexible monthly repayments

Customer Testimonial

“Pleasant experience! Was being served by Ms Karman, she was all smiles and patiently guide all the details laid out. And advised further on what to do in order to prevent to pay more. An experience that i have never encountered with others. Highly recommended!”

9. Cash Mart

Cash Mart - Payday Loan Singapore
Cash Mart – Payday Loan Singapore (Credit: Cash Mart)
Key ServicePersonal and business loans
Address277 Balestier Road, Singapore 329726
Phone +65 6397 4111
Operating Hours Mondays – Fridays: 11:00 am – 8:00 pm

Saturdays: 11am – 6pm

In addition to offering competitive rates, Cash Mart is a well-known private lending firm that provides express loans to individuals and businesses. They know how to adapt to market trends and legal changes because they’re one of the oldest firms on the island, giving their clients with the best payday loans in Singapore.

You can borrow up to $15,000 with the lowest possible interest rate when it comes to their payday loan. It’s also available within a maximum of 12 weeks and takes only 30 minutes to get approved.

Key Differentiators

  • Permanent residents and foreigners with a valid work permit can apply
  • Must be above 21 years of age

Customer Testimonial

“I would recommend Cash Mart as they are transparent and trustworthy. Most importantly, loan an amount which you can afford to repay back.
Cash Mart also have a ceiling loan amount according to your income thus clients are protected.”

10. Lendela

Landela - Payday Loan Singapore
Landela – Payday Loan Singapore (Credit: Landela)
Key ServiceMultiple Personalised Offers
AddressLendela Pte. Ltd. (UEN: 201801220D)
109 North Bridge Rd, #07-21
179097 Singapore
Phone +65 9154 1705
Operating Hours (Mon-Fri 9 a.m. – 6 p.m.)

The search for the ideal lender and monitoring the progress of your application are two of the most difficult aspects of obtaining a loan. Fortunately, Lendela solves these issues by ensuring that your loan is not only authorized but also handled as quickly as possible.

Lendela is proud of their Fintech platform, which allows clients to discover the greatest loan offers for them without any trouble. Their services are entirely transparent, and they make certain that you are immediately informed about any prospective offers from their associated lenders.

The lender’s selection of offers is extensive, and it may be overwhelming for those who are unfamiliar with the mortgage market. Furthermore, since you can rely on them to be there for you every step of the way, they’ll make sure that you know all of your options and end up with a loan that works best for you.

Key Differentiators

  • 18 – 70 years old
  • Minimum monthly income of $1,200
  • Salaried Singaporean / PR / EP holder

Customer Testimonial

“Very proactive following up on the status and outcome of the application. Prompt and friendly sales rep. who shares best available solution to aid your application needs.”

Payday Loan Singapore

If you are in need of a payday loan, there is no shortage of options to choose from. You can find 10 best payday loans in Singapore by reading this article. With so many different types and providers available, it’s hard to know which one will be the best option for your needs. We’ve included some helpful things that you should consider when choosing a provider above!

Before you go, do check out our other articles as well!