Best Jurong East Money Lenders
Lowest Rates, Licensed & Reputable.
Here at SG Top Choice, we compare multiple companies and service providers to recommend you only the best. Here are the best Jurong East Money Lenders.
Only licensed money lenders are listed here. In addition, they must have the lowest rates in Jurong East and Singapore, plus a commendable reputation
Jurong East is a planning area and residential town located in the West Region of Singapore. It borders Jurong West and Boon Lay to the west, Clementi to the east, Tengah and Bukit Batok to the north and Selat Jurong to the south.
The development of Jurong started in the 1970s when estates such as Boon Lay, Taman Jurong, Bukit Batok, Bukit Gombak, Hong Kah, Teban Gardens and Yuhua were built, mostly due to the resettlement of Hong Kah (present-day Tengah) and surrounding villages. Yuhua, Teban Gardens, Bukit Batok and Bukit Gombak formed Jurong East.
Jefflee Credit Pte Ltd
License Number: 110/2022
JeffLee Credit is a reputable licensed money lender in Singapore established with a vision to provide competitive credit services to individuals who are in financial predicament. Our loan procedure and business methodology are forged with time tested processes that favor the client in loan solution products ranging from personal loan, payday loan, foreigner loan, education loan, medical loan and business loan. It is our prime focus to dispense cash in a quick manner with minimum legal formalities and at the same time, assuring maximum confidentiality.
At JeffLee Credit, we go to great lengths to appoint motivated and dedicated loan consultants with natural instinct for credit assessment. Our consultants are competent in matters of risk assessment, legal framework and are acquainted with local business practices of cases placed.
Equipped with strong capital, resources and the access of wealth of expertise, JeffLee Credit is confident to ease your financial woes within a day at a competitive and attractive rates, with affordable and flexible repayment scheme that is ideal to your needs.
Being a reputable licensed money lender approved by IPTO (Registry of Moneylenders), we are here to offer legal financial solutions to Singaporeans, Singapore PRs and foreigners with valid employment passes in Singapore.
Power Credit Enterprise Pte Ltd
License Number: 142/2021
Power Credit Enterprise is a licensed money lender based in Singapore since 2007 approved by the Registry of Money lender (IPTO) to provide money lending services such as legal loans solutions to working individuals including Foreigners, Permanent residents, and Singaporeans as well as businesses.
As a trusted licensed moneylender, we work hand in hand with our clients to get the desired loan with our low interest, flexible repayment scheme and every information entrusted to us we treat with confidentiality. Our main goal is to make our client loan needs a success.
Fill out our online application form and we will get you started.
Power Credit Enterprise ensures every client is treated with of a high level of professionalism and we safeguard every loan transaction. Providing efficient and proficient service to clients by being in control so that each of our customers will have the confidence of choosing our company their helping hand in an unforeseen situations.
With so many changes happening around us so is our needs. Some uncontrolled situations arise and the next thing that we can do is to seek a helping hand. Power Credit Enterprise and our loan consultants try our best. We understand each and every need that is why we always want to prove to you that our goal is to help you get the approval of your loan faster.
Our friendly loan consultants listen to every need and will help you understand your choice of loan. Making it a success this way you can have the complete peace of mind.
Sumo Credit Pte Ltd
License Number: 09/2022
If you are looking for a money lender who offers quick cash loan approvals, low interest rates and attractive repayment packages, Sumo Credit is one of our top money lender choices in Singapore. Their friendly and welcoming personality is also a big plus in the entire approval process. Mirroring their slogan of “Going an extra mile to quickly process your application”
They also possess extensive experience in loan approvals from applicants from all woks of life. This means that whatever your current situation is, they are likely to have the right experience to help you with your loans and money lending needs. Get in touch with them and let their friendly consultants assist you. They have made our list of top 7 money lenders for a reason!
Credit Empire Pte Ltd
License Number: 28/2022
What makes Credit Empire stand out when we were comparing all money lenders in Singapore, was their really quick approval process. With an approval process within 30mins, they make a great choice of money lenders for people who need cash quickly. This is done as they have lower requirements, allowing them to provide immediate loan approvals. They also provide customizable payment terms, constant interest rates so you won’t be taken by surprise, and convenient, hassle free payment options.
One of the quickest approval of any money lender Singapore has. They also have customisable payment terms. This is useful as different people are in different situations, and there is no one size fits all. Therefore their friendly consultants will sit down with you to discuss a plan that meets your needs. Truly one of our SG Top Choices for money lending. Get in touch with them and let them help you with your requirements.
IP Credit Pte Ltd
License Number: 83/2022
If you are looking for a money lender that upholds themselves to high ethical standards, IP Credit is one of the Top choices in Singapore. They are honest, patient and are genuine in making sure you are absolutely comfortable with any agreements before taking up any loans. Say goodbye to any middle man or hard-sell tactics. IP Credit prides itself on only ethical procedures and are committed to follow all rules and regulations set out by the Registry of Money Lenders Singapore.
Feel free to clarify with them any concerns you have. As they will answer all your queries without any hesitation. They understand the concerns that one might have, and are committed to helping you with your situation. Another reason why they are our top choice of money lenders in Singapore, is that they do not spend too much time on paperwork. This means you get your cash quickly. Get in touch with them today
SKM Credit Pte Ltd
License Number: 21/2022
The friendly people are SKM recognises the concerns of borrowers. As such, all loans are customised by a single consultant dedicated to the client. This means that all arrangements are tailor-made to accommodate each individual’s unique requirements. They also offer large flexibility in the amount you can loan. This unique approach is one of the reasons why they made it on our list as top money lenders in Singapore.
Besides this, their fixed-rate guaranteed plans mean that you will not be in for any surprises. This allows you to take a loan from SKM Credit with 100% confidence. Speak with them today! And find out why they are one of our SG Top Choices!
JR Credit Pte Ltd
License Number: 31/2022
Fuss-Free is how we would describe JR Credit in one word. Quick loan approvals for busy people, they are located right in the heart of ORchard road and also cater to foreigners and expats. JR Credit prides itself on having very fast and simple procedures with low criteria. Their mission is to help people who are not eligible for bank loans, to get access to fast credits easily.
They cover a wide variety including personal loans, fast cash loans, domestic worker loans, business loans, payday loans, expats loans, private hire loans. Contact their friendly consultants today!
How to identify licensed money lender Singapore?
The money lending industry has been flourishing exponentially in the last few decades. People have been taking a lot of financial support from this industry. Singapore’s economy has seen a boost because of all the funding and money lending activities happening in space. But money lending is not an easy subway to go. There has been an increasing number of scams and frauds in the industry. That’s why it becomes important to identify licensed money lenders in Singapore from unlicensed money lenders.
There have been various cases reporting scams done by frauds in name of licensed money lenders. But in reality, they were thugs who didn’t have a license. Such increasing cases alarmed the public to take measures in actually understanding the difference between genuine and fraud money lenders. Let’s see how you can identify a licensed money lender in Singapore.
Check the list of licensed money lenders in Singapore
If you are doubtful of finding a licensed money lender in Singapore then the best way is to check the list of authorized money lenders of Singapore. It is issued by the country’s Ministry of Law. All the money lenders registered with the Republic of Singapore appear in this list. This list also gets updated according to the new changes and additions from time to time. Last it was updated by the government in August 2021.
The reason behind publishing the list of Licensed moneylenders in Singapore
Do you know that the money scam reports got 65% high since 2019 in Singapore? This increased number of scam cases indicates that the solidifying nature of moneylending has been lost. Such increasing cases also pull down the morale of people who are in this industry.
It also causes reduced trust in people in the moneylending industry. This may cause a severe lack of money flow leading to degradation of the industry. Such increasing scams are also a big concern for the law and order of Singapore. It also adds to the increasing crime rates of the country. That’s why the government started publishing the list of licensed moneylenders in Singapore.
The ministry of Singapore publishes this list to direct the borrowers in the process of safe money lending. Minlaw has recently updated the list for the borrowers which you can access. This list helps in giving an idea of authentic moneylenders to the borrowers. It also reduces the chances of such scams.
How much money you can borrow from a licensed moneylender?
It is a very common question to ask. People often find it intriguing to know how much a person can borrow from moneylenders. Although, this question doesn’t have a particular answer. The amount depends on various factors of secured and unsecured loans. Secured loans can be borrowed without any limit as long as the moneylender provides the required loan. In the case of unsecured loans, a maximum amount of $3000 can be borrowed for people with income less than $20,000. People with income above $20,000 can borrow six times more than their monthly earnings. Unsecured loans have a fixation in perspective of their money lending amount.