Licensed Money Lender in Singapore for Instant Cash Loans

The minimum requirements for applying for a personal loan in Singapore depend primarily on your citizenship, income level and age. Quick Loan requires you to be at least 18 years of age with a minimum salary of SGD1,800 to qualify for a personal loan.  

At Quick Loan, you can look forward to a simple and speedy approval process once you’ve met our requirements for a personal loan. You can also apply for a quick loan or licensed moneylender loan with us to secure urgent funds.

Yes! Quick Loan Pte Ltd is a licensed moneylender listed in the Registry of Moneylenders (MinLaw) under License No. 59/2026, regulated by the Ministry of Law, Singapore.

As a licensed moneylender in Singapore, we offer a wide range of fast loan options to meet your unique needs and financial circumstances. You can start your loan application process with Quick Loan on our website, on WhatsApp or by visiting our office. 

You’ll be invited to a free in-person consultation, where you’ll need to provide the necessary documents to verify your loan eligibility. While we do support Singpass applications for added convenience, we prioritize a secure and transparent process that ensures proper verification. Unlike some platforms that advertise cash loans in 1 hour without documents, our approach balances speed with compliance and supports applicants with different credit scores. A dedicated loan officer will carefully review your application and walk you through the terms and conditions of your selected loan.

Once you’re happy with your loan conditions, interest rates and other fees, you may sign a contract and receive your cash on the spot. 

Borrowing from a licensed moneylender in Singapore gives you access to competitive interest rates, fast approvals, transparent fees and a secure borrowing process.

Licensed moneylenders are regulated by Singapore’s Registry of Moneylenders under the Moneylenders Act, ensuring all lending practices are legal and transparent. They cannot charge more than 4% interest per month, do not advertise through SMS, email or social media, and require all borrowers to complete face-to-face verification at a physical office.

Be cautious of lenders offering fully online approvals, as they are likely unlicensed.

Apply for a loan with Quick Loan through our website, WhatsApp or by visiting our office.

Besides ensuring that you meet Quick Loan’s eligibility criteria, we advise you to consider a couple of essential factors before you decide on the right loan for your needs. 

First, consider your capacity to pay off the cash loan and interest. Borrow only what you need and can afford to repay. We recommend that you shop around for competitive interest rates that keep your repayments affordable. Licensed moneylenders cannot charge more than 4% monthly interest, so you’ll enjoy low effective interest rates when you take out a instant loan Singapore with us. 

Secondly, don’t rush to commit to a loan until you fully understand and are satisfied with the terms and conditions of your contract. Your chosen licensed moneylender must explain the loan terms to you in simple and accessible language and provide you with a copy of the contract for safekeeping.  

Depending on your needs, your dedicated loan officer at Quick Loan will work with you to determine a repayment schedule and interest rate that best accommodates your financial situation.

It’s vital to ensure that any moneylender you’re dealing with is licensed, so you don’t fall prey to scams by loan sharks or unlicensed lenders. 

All licensed moneylenders in Singapore are listed in the Registry of Moneylenders. We advise you to consult this list to verify that your selected moneylender is licensed. 

The Singaporean government regulates all licensed moneylenders with strict operational requirements. These guidelines will help you determine whether you’re dealing with a licensed moneylender. 

For example, a licensed moneylender is not allowed to solicit loans through text messages, phone calls or social media. We must also meet all applicants at our offices to verify their identity before approving any fast loans. Furthermore, licensed moneylenders have a strict 4% cap on monthly interest rates that can be charged.

You can apply for a fast cash loan with us either by filling in our online form, walk-in or WhatsApp. Make sure to submit your basic details and documents. Once we review and approve your application, we will arrange for you to visit our office to sign the loan contract, after which you can receive your $4000 on the spot in cash or via bank transfer.

Yes, it takes less than an hour to get a loan from us! At Quick Loan, we prioritise speed and efficiency. We can approve and disburse a cash loan within 1 hour, provided that your documents are complete and you meet our assessment criteria. Simply submit your application online and prepare the required documents, then visit our office promptly for verification and contract signing. We will then release your funds on the spot.

Yes, as long as you apply for a loan with a licensed moneylender. You can check whether the moneylender is licensed through the Ministry of Law’s website. Avoid providing personal details to moneylenders who contact you unsolicited.

The amount you can borrow depends on your annual income and the applicable borrowing limits for unsecured loans in Singapore.

• Annual income below S$10,000: Up to S$3,000 for Singaporeans/PRs or S$500 for foreigners
• Annual income of S$10,000 to below S$20,000: Up to S$3,000
• Annual income of S$20,000 and above: Up to 6 times your monthly income

These limits are subject to prevailing regulations and apply across licensed moneylenders in Singapore.

Quick Loan stands out with our 20 minutes fast approvals, no collateral needed and personalised in-person consultations that customise repayment plans to your needs. At Quick Loan, we focus on speed, transparency and genuine customer service. We clearly explain all loan terms upfront, with no hidden fees. Our streamlined application process is simple with fast approvals and our team is always happy to guide you through the loan application process to ensure responsible and stress-free borrowing

If you are a Singaporean/PR, you need to present the following documents: NRIC, SingPass and pay slips for the last three months. If you are a foreigner, you need to present the following documents: S Pass/Employment Pass with a minimum 6-month validity, passport, proof of residence, pay slips for the last three months, bank statements and tenancy agreement. Having complete and accurate documents helps speed up the approval process.

Yes, we are able to provide loans to you even if you have a bad credit score or outstanding loans. Quick Loan focuses more on your current income, employment stability and ability to repay. Our application process is simple and transparent. Simply apply for a loan and our team will guide you through the loan approval process and help tailor a repayment plan that best works for you.

In Singapore, licensed moneylenders are required to assess your ability to repay, which means that credit evaluation is usually done. Hence, there will not be a “no credit check” loan offered by a legal and regulated lender.
However, this doesn’t mean you cannot get approved if you have a low or poor credit score. Licensed moneylenders often look at your overall financial situation, including your income, employment stability, and repayment ability and not just your credit history.
If you come across lenders advertising “100% no credit check loans”, it’s important to be cautious, as they may be unlicensed or operating illegally. Always verify that the moneylender is registered with the Registry of Moneylenders in Singapore before applying.

As a licensed moneylender in Singapore, QuickLoan Pte Ltd follows the applicable regulatory limits on interest and fees.

• Interest: Up to 4% per month
• Late interest: Up to 4% per month on overdue amounts
• Late fee: Up to S$60 per month for missed payments
• Administrative fee: Up to 10% of the loan principal, charged upon approval

The total interest, late interest, late fees and administrative fees charged cannot exceed the original loan principal, subject to applicable regulations.

At QuickLoan, we believe in keeping your loan terms clear and transparent, so you know exactly what to expect before committing to a loan.

Yes. QuickLoan Pte Ltd allows you to repay your loan in full ahead of schedule without early repayment fees or penalties. You can settle your outstanding loan whenever it suits your financial situation, giving you greater flexibility and control over your repayments.