Recommended Toa Payoh Money Lenders

Here at SG Top Choice, we have filtered through the clutter to recommend you only the best. Here are the best recommended Toa Payoh Money Lenders. 

Recommending you only the best licensed, and friendly Toa Payoh money lenders who have gained a commendable reputation over the years

Toa Payoh Money Lender
Best Licensed Money Lenders in Toa Payoh
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    IP Credit Pte Ltd

    License Number: 83/2022

    Top Toa Payoh Money Lender for:
    Various Loan Types and Immediate Approval Process. No middleman. No sales Tactics.

    Email Contact Address
    Submit Enquiry Here +65 9710 7568 #01-332 185 Toa Payoh Central, Singapore 310185

    IP Credit Pte Ltd is located at Block 185 Toa Payoh Central. And is one of our top 3 choices for Best Toa Payoh Money Lenders. Holding themselves to high ethical standards, they pride themselves on honest business with many years of business via word of mouth. Patient, honest and genuine, they ensure that you are absolutely comfortable with all agreements between you and them before they are willing to extend any loans to you. No more pushy sales people or hard sell tactic. If you are looking for a trustworthy business you can work with. This is it!

    Friendly is probably how we would describe them in one word. They shed the image of how the typical money lender is represented as. And of course when it comes to handing out loans, they are quick, responsive, and one of the lowest rates in Singapore. Which is why they are one of our top 3 recommended (and of course licensed) money lenders in Toa Payoh. 

    Customer Reviews:

    SKM Credit Pte Ltd

    License Number: 21/2022

    Top Toa Payoh Money Lender for:
    Customisable plans. Dedicated Consultants.
    Urgent cash in 25mins

    Email Contact Address
    Submit Enquiry Here +65 6336 5148 Blk 185 Toa Payoh Central #01-334 Singapore 310185

    SKM Credit is well known in the market. They have made a name for themselves as being a trusty worthy and professional business. With such a reputation to uphold, you can be rest assured you are in good hands. Need urgent cash? Don’t need to go through long sales processes. They hand out cash in 25mins or under! This is great for people who are in urgent need of cash, or simply for busy individuals who do not wish to spend too much time. 

    As we only mention licensed money lenders, you can be rest assured that you are engaging a licensed and reputable company. With many years of good reputation to their name, they are one of our top recommended best Toa Payoh money lenders. They also offer fixed-rate guaranteed plans. Which means it is easier for you to plan out your finances. Speak with them today! 

    Customer Reviews:

    JR Credit Pte Ltd

    License Number: 31/2022

    Best Money Lender Singapore for:
    Foreigner Loans. Quick Cash Loans. Low Rates. Fuss-Free

    Email Call Address
    Submit Enquiry Here +65 6737 3022 304 Orchard Road #02-14 Lucky Plaza Singapore 238863

    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!

    Customer Reviews:

    Credit Empire Pte Ltd

    License Number: 28/2022

    Top Money Lender Singapore for:
    Fast approval in 30 mins. Low Interest Rates. Easy Repayments

    Contact Call Us Now Address
    Submit Enquiry Here 9119 9386 1 Park Road #01-16 People's Park Complex Singapore 059108 Reg No: 201718062R

    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.  

    Customer Reviews:

    Sumo Credit Pte Ltd

    License Number: 09/2022

    Best Money Lender Singapore For: Fast Cash Loans. SME Business Loans, Affordable Loan Packages

    Contact Call Address
    Submit Enquiry Here +65 8862 3505 709 Ang Mo Kio ave 8 #01-2583 Singapore 560709

    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! 

    Customer Reviews:

    Power Credit Enterprise Pte Ltd

    License Number: 142/2021

    Top Tanjong Pagar Money Lender for:

    95% Successful Loan Approval Rate . Quick response and approval time.

    Contact Whatapps Address
    Submit Enquiry Here 9648 2998 1 Tras Link #01-11 Orchid Hotel Singapore 078867

    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.

    Why Choose Us?

    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.

    High Level of Integrity

    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.

    Our Customers Comes first

    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.

    Customer Reviews:

    Jefflee Credit Pte Ltd


    Best Money Lender For: Customized Loans, Flexible Repayment Arrangements

    Contact Call Address
    Submit Enquiry Here +65 6635 8888 Blk 131 Jurong Gateway Road #01-261 Singapore 600131

    JeffLee Credit Pte Ltd covers a wide array of loan requirements such as personal loans, advanced cash, short-term loans, unsecured, business loans, bridging loans. etc. This is offered to all personnel including locals, foreigners, and expatriates.  They also offer customised loans for your situation. With friendly and professional customer service, they are one of our top 7 money lenders Singapore.

    What is unique about them is that they have payday loans, which are useful in helping you meet any shortage of cash you might have in the middle of the month. They also have a great reputation in the industry in maintaining good relations with all their customers. This keeps customers coming back whenever they require additional loans. They are also flexible in discussing terms to help you ensure you find a suitable loan package which matches your requirements. Contact them today and experience a smooth and easy process. They are one of our SG Top Choices! 

    Customer Reviews:
    Understanding the Cap to borrow money from a licensed money lender

    If you have borrowed money from a licensed moneylender, then you need to understand a few rules. Because every licensed money lender needs to follow the rules of Minlaw to continue their practice. These laws are made to safeguard the rights of the borrowers while preserving the benefit of the lender.

    There have been various money-borrowing systems in the world that don’t have a regulatory protocol. But such scenarios lead to a lot of irregularities in finances along with giving seeds to unfair practices. To overcome and prevent such issues, various measures have been taken by the Singapore government.

    All the money lenders get a guideline to work under Minlaw. As a borrower, you should be aware of all such regulations started for a licensed money lender. This information can help understand your loan statements and terms better. So here in this blog, we are going to discuss the cap to borrow money from a licensed money lender. The regulations include minimum interest rate, late fees fine, etc. The given regulations were issues on 1dt October 2015. The update hasn’t arrived yet in the regulations of Minlaw. Let’s begin!

    • To maintain the balance between borrower and lender money ratios, the government has decided that the maximum interest rate can be 4% per month. If the licensed money lender is charging more than it then it can be a punishable offense. This helps in preventing the exploitation of the borrower by the moneylender.
    • If the borrower fails to pay the interest rate on time, then the person will be issued a late fee. The late fees also have a fixed amount. The late interest also can’t be more than 4% per month.
    • Similarly, the late fees fine can also not exceed $60 per month. Above mentioned three regulations help in maintaining a balance between the flow of money between lender and borrower while safeguarding both party’s rights. The limit on lender and time restriction for the borrower helps in maintaining the money ratio and its exchange on fair terms.
    • It is stated in the regulations issued by Minlaw that the administrative fees must not exceed 10% of the principal loan given to the borrower. If the lender is charging more then the borrower has all rights reserved to deny it and complain against it. This also helps in protecting the fair exchange morale.
    • If the borrower fails to pay the borrowed money in a decided time frame then the lender can go to court. The court will issue a notice of legal cost to recover the loan amount from the borrower.
    • It is also an evident point to keep in mind that the licensed money lender can recovers or demand the amount which exceeds the sum of interest, administrative fees, late fees, late interest, and various other concerned amounts whose total is more than the main principal amount. It should be less than the principal amount in fair practice means.


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