A1 Credit SG Pte Ltd is a licensed moneylender (License No. 24/2021) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

Payday Loan

Save yourself from payday horror stories -- extraordinarily high interest rates and harassments-- and deal only with legal loan providers that can offer you fair and favorable terms!

  • Credible loan provider; A1 Credit has been in the business for over 10 years
  • Established reputation; nearly 250 legitimate reviews on Google
  • Get up 1 month of your monthly income, payable within 1 month
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Apply For a Fast Cash Loan Online

Get your approval in 30 mins by applying here

payday loan

Cover Up Your Coming Expenses By Availing Payday Loans

Payday loans are short-term loans that can help you cover immediate cash needs until you get your next paycheck. These are typically due within two weeks—or close to your next payday. It functions differently than personal and other typical deals. 

As the name indicates, in a payday loan, you can borrow up to one month’s worth of your salary to help with your short-term financial issues and repay it back on your next paycheck. Accessing this package is convenient as borrowers only need to meet a few basic requirements, which include a stable source of income. As long as the income is consistent, you are almost guaranteed to find a willing lender.

Your Money Woes Sorted Within The Day

Steps to Apply

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Submit your application here.

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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.

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Signing the Loan Agreement with the Moneylender

Once you agree to the loan amount and repayment terms upon discussion, our loan officer will print out the contract for you to sign.

Get your Cash Loan

Once the contract is signed, you will receive the cash instantly, hassle-free.


18 Age: 18 Years and above
coin 3 Singaporeans: Min Monthly Income of $1500
Foreigners: Min Monthly Income of $2000


(MINIMUM INCOME > $1,500.00)

In order to qualify for a loan with us, you need the following documents:
  1. Identity card / NRIC
  2. Proof of residence (utility bill, a letter addressed to you, and/or tenancy agreement)
  3. Proof of employment (certificate of employment or 3 months recent payslip)
  4. SingPass (to log into IRAS website)


(MINIMUM INCOME > $2,000.00)

In order to qualify for a loan with us, you need the following documents:
  1. Passport
  2. Work Permit / S-Pass / Employment Pass
  3. Proof of residence (utility bill or tenancy agreement)
  4. Proof of employment (certificate of employment or 3 months recent payslip)
  5. Proof of income (bank or account statement)
  6. SingPass (to log into the IRAS website)

Google Reviews

Google 4.9 Stars

A1 Credit has always made our customers our priority, and we are very grateful that our efforts are recognized. These are just some of the comments we’ve received over the years on Google Review.

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I am very plse with the whole process. It’s very professional n very pleasant approach. I would recommend my friends neefv

– ELSIE TIEW  5 star review

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Steven Huang has helped me on my application. He listen to my situation patiently and explained to me carefully on all my questions. His service is really excellent. Thank you Steven.

– JANICE TEO 5 star review

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Thank you Shermaine for your services. It was easy and breeze. Appreciate it.

– LIZA YASIN5 star review

Avail of Loan From

The Most Reliable Licensed Money Lender in Singapore!

We offer flexible loan plans that best suit your needs!


Loan Q&A

Payday loans are short-term loans available to any Singaporean employee or foreigner working in Singapore. An emergency could make it possible that you need additional funds to pay for an emergency utility bill, food expenses, or even rent.

With A1 Credit, employees and foreign workers do not have to wait until their next paycheck and suffer hunger, cut-off power, or threatened with eviction by their landlords when they have the option of utilizing payday loans with friendly rates and terms. The Ministry of Law fully regulates our activities and ensures we respect our borrowers’ rights to ensure fairness in all transactions.

It comes very often that payday loans get a bad reputation due to the fact that loan sharks take advantage of desperate borrowers in dire need of their salary amount in advance. Then, the fraudulent lenders increase the interest rates or charge unfair penalty fees that trap the borrower and send them into deep, unmanageable debt. 

With the Ministry of Law regulating legitimate money lenders, employees have an opportunity to safely advance their salary without any unfair charges. Indeed, payday loans are legal.

Here are some advantages of taking a payday loan in Singapore:

  • Receive your cash loans immediately with a low-interest rate upon contract agreement
  • Payday loans allow you to use the money as you see fit to cover all that unexpected expense.
  • You do not need to worry about your bad credit history.
  • Quick cash for emergencies

Just like any other cash loans, there’s some disadvantage of taking a payday loan in Singapore:

  • Late repayment has the tendency to cause it to snowball into a massive amount that you may not be able to pay back due to interest rates.
  • Can significantly affect your credit scores and credit ratings

The difference between a payday loan and a personal loan in Singapore is that payday loans are effectively short-term loans. A payday loan requires you to repay the lenders when you receive your next paycheck. Meanwhile, a personal loan in Singapore has a longer loan repayment term due to the more considerable amount of loan you have taken out. With a personal loan, you are allowed to borrow up to six months’ worth of your salary and let you repay monthly until the personal loan amount is paid off.

Most money lenders including A1 Credit can only advance you one month’s salary when taking on a payday loan. You must repay these loans within your consecutive salary cut-off. You cannot get an advance higher amount than your regular monthly salary from a payday loan. Thus, this loan service is excellent for those who need quick cash to tide them over to the next payday without having to worry about their inability to receive a personal loan due to their bad credit scores.

According to the Ministry of Law in Singapore, a licensed money lender can charge a maximum interest of 4% per month. If a borrower fails to repay the loan on time, the maximum late interest rate a moneylender can charge is 4% per month for each month the loan is repaid late.

You may always loan up to six times your monthly income with an annual income above $20,000. Licensed money lenders in Singapore allow you to borrow much more above your income if you apply for a secured loan (with collateral).

The amount of money you can loan varies depending on the legal requirement and qualification of the loan. Here’s the list of loanable amount A1 Credit offers:

Bridging Loan – SGD $5,000 to $200,000

Business Loan – SGD $10,000 to $200,000

Foreigner Loan – SGD $500 to $30,000

Payday Loan – Up to one month worth of income

Personal Loan – SGD $500 to $50,000

While most banks require at least a day for loan applications to be approved, licensed money lenders, such as A1 Credit assure that you can get your cash shortly after an hour!

Yes, because banks can offer more money but they are not payday loans. Should you need more cash, you may consider availing of a personal loan. With A1 Credit, a payday loan’s loanable amount can come up to one month’s worth of income while a personal loan goes up to 6 times worth of your monthly income.

Most licensed moneylenders offer payday loans which you can easily check from the list of the Registry of Moneylenders, under the Ministry of Law in Singapore here.

A1 Credit is one of the most reliable licensed moneylenders in Singapore. With a greatly experienced team, we provide a wide variety of solutions for every borrower that needs cash conveniently with the lightest, easiest and flexible repayments possible.

We only impose regulations under the Moneylenders Act and Rules, and we guarantee that all customers — even those with bad financial history — receive immediate financing to resolve their financial needs quickly and conveniently.

We have stringently followed the conditions set by the Ministry of Law while providing fair and friendly relationships to customers with our financial services to assure that their great time of need is made much easier. Just use our online application facilities to get the services you need instantly!

  1. Low-Interest Rates and Flexible Payment Plans Here at A1 Credit, our financial plans are tailored specifically to give you the breather in focusing on what really matters in your life and even in business. 

  2. Fast Cash Loans On The Spot As one of the most trustworthy money lenders in the country, A1 Credit has made the application processes as simple as possible especially, during emergencies, ensuring disbursing of cash within an hour is likely. 

  3. 100% Secure and Confidential Every application process made with us is private and so is yours, thus, borrowers can assure that as an independent provider, we do not release our clients’ information to any third party.


Get preliminary approval in 30 minutes by applying here
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