Licensed Money Lender Singapore, Chinatown
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Within 60 Minutes!
and 
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Your Trusted Licensed Money Lender in Singapore
When unexpected expenses arise, having a trusted and legal lender can make all the difference. A1 Credit is a licensed money lender in Singapore dedicated to offering fast and easy loans that give you peace of mind when you need it most.
With over a decade of experience and a 4.9-star rating on Google, we’ve earned the trust of thousands of individuals, families, and business owners who rely on us for clear, reliable, and responsible financial solutions.
Conveniently located in Chinatown, we’ve been supporting our community since 2009 with lending services designed to ease financial stress, not add to it.
Our friendly loan officers take the time to explain every detail clearly, ensuring you understand the terms and repayment options before you sign. No hidden costs. No surprises. Just transparent, legal, and trusted financial support tailored to your needs.
Honours and Achievements
Since our founding, A1 Credit has grown to become one of the most trusted licensed money lenders in Singapore.
We’re proud to have earned the confidence of thousands of clients over the years through our commitment to professionalism, transparency, and care.
Your Money Woes Sorted Within The Day
Steps to Apply for a Loan
Getting a fast and easy loan in Singapore shouldn’t be complicated. With A1 Credit, it’s simple, transparent, and legal from start to finish.
Apply
Submit your application on the official website
Visit the office
Upon assessing your case, our loan officer will offer you an amount and explain the terms and conditions of the loan for your understanding.
Signing the Loan Agreement with the Moneylender
As a licensed money lender, we provide transparent and legal agreements. Once you’re comfortable with the terms, we’ll prepare the contract for signing.
Get your Cash Loan
Once the contract is signed, you will receive the cash instantly, hassle-free.
Borrow With Confidence With Us
Your safety and trust come first. Unfortunately, there are fraudulent websites posing as licensed money lenders.
Here’s how to verify A1 Credit, a trusted legal lender in Chinatown:
Office Address
Official Domain
a1credit.sg
Official Contact
+65 6336 0833
A1 Credit DOES NOT
Cold Contact
We will not call you out of the blue
Own Any
Social Media
Only – a1credit.sg
Advertise
Aside from our website, business or consumer directories
How we can help
Our Loan Services
Whether it’s a personal emergency or business need, A1 Credit offers fast and easy loans that are fully legal and transparent.
We work with you to find a repayment plan that fits your situation, without unnecessary stress or hidden charges.
Use Our Loan Calculator to Find Out How Much You Can Afford Monthly
Loan payment breakdown
Your Monthly Payment
Total Interest Paid
Total amount you pay in payments
How Much Can You Borrow?
Find out the loan amount, tenor, and rates that best suit your needs!
Why Choose A1 Credit
Since 2009, A1 Credit has been recognised as one of the top trusted licensed money lenders in Singapore, thanks to our unwavering commitment to our customers.
Here’s why borrowers choose us:
- Fully Licensed & Legal – We follow the Moneylenders Act and Rules strictly.
- Inclusive Borrowing – We welcome borrowers with different financial backgrounds.
- Fair & Friendly Service – Respect and transparency at every step.
- Fast and Easy Process – Loan approval and disbursement can happen in as fast as one hour.
We believe borrowing should be simple, safe, and supportive—never complicated or intimidating.
Fast Cash Loans On The Spot
Emergencies require speed, and at A1 Credit, we make sure you don’t have to wait.
• Our fast cash loans allow for:
• Quick approvals within the hour
• Minimal documentation
Immediate cash disbursement upon signing
Low-Interest Rates and Flexible Payment Plans
We keep our loan terms fair and manageable:
• Interest rates starting from 1% per month (T&Cs apply)
• Repayment periods of up to 24 months (T&Cs apply)
• Transparent fees and clear explanations
Our goal is to help you manage your finances with confidence, not burden you with complicated terms.
100% Secure and Confidential
Your privacy matters to us. Every loan application at A1 Credit is handled with the highest level of confidentiality. We do not share or sell your personal information to third parties. You can borrow with complete assurance that your details are safe with us.
Google Reviews
A1 Credit has always put our customers first, and we’re grateful to have earned their trust in return. With a 4.9-star rating on Google, these are just some of the kind words and experiences shared by our valued clients over the years.
ANSWERS TO YOUR QUESTIONS
Loan Q&A
Can I apply for a loan entirely online?
You can start the process online, but you cannot complete it there. By law, you must physically visit the lender’s registered business address for a face-to-face identity verification before any money is released. If a lender claims to offer a “100% online” process with no office visit, it is a scam.
What should I do if a lender asks for my Singpass login?
Never share your Singpass password or OTP. A licensed lender will never ask for them. They should only ask you to log in yourself (via the official MyInfo portal or on your own device) to verify your details. Anyone asking for your login credentials is likely an unlicensed “loan shark.”
How much can I borrow?
For unsecured loans (loans without collateral), the legal limit depends on your annual income:
- Below $20,000: Up to $3,000.
- $20,000 and above: Up to 6 times your monthly income.
Is the "6x monthly income" limit per lender?
No. This is a combined total across all licensed money lenders in Singapore. For example, if your total limit is $12,000 and you already have an outstanding $10,000 loan with Lender A, any other lender can only legally lend you a maximum of $2,000.
What are the limits for foreigners?
If you are a foreigner residing in Singapore, the limits are:
- Annual Income < $10,000: Up to $500.
- Annual Income $10,000 – $20,000: Up to $3,000.
- Annual Income > $20,000: Up to 6 times your monthly income.
What is the maximum interest rate?
In Singapore, licensed money lenders are regulated by the Ministry of Law and can charge a maximum interest rate of 4% per month for both secured and unsecured loans. This cap has been in effect since 1 October 2015 and also applies to late interest. In addition, the total fees charged, including administrative and late fees, cannot exceed the original loan amount.
How is late interest calculated?
Late interest is also capped at 4% per month. Crucially, this can only be charged on the amount that is actually overdue, not the entire remaining loan balance.
What fees can they charge?
Lenders are legally restricted to only three types of fees:
- Administrative Fee: A one-time fee of up to 10% of the loan principal (deducted upfront).
- Late Fee: Not exceeding $60 for each month of late repayment.
- Legal Costs: Only if a court orders them after a successful claim by the lender.
Note: The total charges (interest + fees) can never exceed the original amount you borrowed.
What documents do I need?
Generally, you should prepare:
- Identity: NRIC (for locals/PRs) or Passport and Work Pass (for foreigners).
- Income Proof: Your last 3 months of payslips or your latest CPF contribution history.
- Residence: A utility bill, phone bill, or tenancy agreement showing your address.
Do I need to sign a contract?
Yes, always. The lender must provide a “Note of Contract” and explain the terms to you in a language you understand. Do not sign if the contract has blank spaces or if the terms differ from what you discussed. You are entitled to a copy of this signed contract.
What if I want to pay off the loan early?
You are allowed to pay off your loan early, and there should be no early repayment fees for personal loans. In fact, because interest is calculated on a “reducing balance” basis, paying early actually saves you money by reducing the total interest you owe.
Does borrowing from a money lender affect my bank credit score?
Not directly. Licensed money lenders report to the Moneylenders Credit Bureau (MLCB), while banks primarily use the Credit Bureau Singapore (CBS). However, if you apply for a major bank loan (like a mortgage), banks may check your MLCB report to see your total debt obligations, which could influence their decision.
