A1 Credit SG Pte Ltd is a licensed moneylender (License No. 13/2024) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

Best Personal Loan Singapore

Get fast cash with no credit score required for Singaporeans and Permanent Residents at A1 Credit!

  • Access loans up to 6x your monthly salary
  • Longer repayment terms from 6-12 months
  • Benefit from low monthly interest rates of 1-4%
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Apply For a Fast Cash Loan Online

Get your approval in 30 mins by applying here

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Personal Loans For Singaporeans

Personal loans for Singaporeans and Permanent Residents are tailored financial solutions to meet the diverse needs of local residents. Whether you’re planning a major purchase, medical emergency, or facing unforeseen expenses, these loans provide a flexible and accessible way to manage your finances.

With competitive interest rates and flexible repayment plans, citizens and PRs can enjoy peace of mind knowing they have a reliable source of funds when needed.

To apply, simply follow the easy steps outlined below.

Your Money Woes Sorted Within The Day

Choose our Company for the Best Personal Loan in Singapore

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Submit your loan 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.

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Get your Cash Loan

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

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Age 21 and Above Age: 21 Years and above
coin 3 Singaporeans: Min Monthly Income of SGD $2,000
Foreigners: Min Monthly Income of SGD $3,000
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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 CPF, HDB, IRAS website)



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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Avail of Best Personal Loan With the Top Licensed Moneylenders in Singapore!

We offer flexible loan plans that best suit your needs!


Personal Loan Frequently Asked Questions

A personal loan is a monthly installment loan that allows you to borrow a fixed amount of money and repay it with interest in monthly payments. It’s often used for expenses like medical emergencies, travel, or home renovations.

In Singapore, personal loans from licensed money lenders often don’t require collateral and are approved based on annual income, repayment history, and employment status.

Yes, citizens and permanent residents can apply for a personal loan with no or low credit score through A1 Credit. Despite a poor credit history, A1 Credit considers other factors like income and employment stability when assessing eligibility.

Yes, you’re still eligible for a personal loan. However, your application will be evaluated to ensure you don’t over-borrow. A1 Credit may consider your existing loan repayments when determining the maximum amount you can borrow.

For secured loans, there is no set limit on the loan amount. For unsecured loans, the maximum amount A1 Credit can offer depends on the citizen or PR’s annual income:

  • If the annual income is below $20,000, the maximum loan amount is $3,000.
  • If the annual income is at least $20,000, the maximum loan amount is 6 times the borrower’s monthly salary.

Licensed money lenders like A1 Credit can provide approval within 30 minutes, although additional documentation may extend this timeframe. Typically, borrowers can get their personal loan at the office on the same day. 

Personal loan interest rates range from 1-4% per month, regardless of the borrower’s income or whether the loan is secured or unsecured. 

Additionally, moneylenders can only charge the following fees:

  • A late payment fee not exceeding $60 for each month of overdue payment.
  • An administrative fee (also known as processing fees) not exceeding 10% of the principal amount when the loan is granted.
  • Legal costs incurred for the recovery of the loan as ordered by the court.

For late payments, the maximum late interest rate is also capped at 4% per month.

The minimum repayment period for A1 Credit’s personal loan is 1 to 12 months.

As a licensed moneylender in Singapore, we strictly adhere to the Moneylenders Act and Rules, ensuring fast and convenient financing solutions. Our commitment to fair and friendly financial services, sanctioned by the Ministry of Law, guarantees ease during your financial issue.

Reasons to choose A1 Credit’s best personal loan:

  • Versatility: Suitable for emergencies, home renovations, education fees, weddings, and more.
  • Fixed Interest Rates: Enjoy stable and predictable monthly repayment amounts.
  • Quick Processing: Get your loan approved and disbursed swiftly.
  • No Collateral Required: Borrow without needing to secure the loan with assets.
  • Early Repayment Discount: Save on interest by repaying your loan early.
  • Licensed Moneylender: Regulated by the Ministry of Law in Singapore.
  • Flexible Repayment Options: Tailored to meet your financial situation.
  • Fair Treatment: All customers, including those with poor financial history, are treated fairly.
  • Convenient Personal Loan Online Application: Apply for a loan quickly and easily from anywhere and get instant approval.

You can find many personal loan comparison sites online that offer guides and reviews from experts and customers about the best personal loans and moneylenders. For fast cash personal loans, you can visit A1 Credit located at Havelock Road.

Alternatively, you can check the list of licensed moneylenders from the Registry of Moneylenders under the Ministry of Law in Singapore.

  • Prioritize wisely: Taking a loan for non-urgent expenses can lead to further debt.
  • Avoid borrowing to pay off another debt.
  • Assess your need and purpose for the loan.
  • Ensure you can afford the repayments, including interest and fees.
  • Check the lender’s license and understand the loan terms fully.

Under the advertising rules, licensed moneylenders are permitted to advertise only through these three channels:

  • Business or consumer directories (in print or online media)
  • Websites belonging to the money lender
  • Advertisements placed within or on the exterior of the money lender’s business premises

All other channels are prohibited. If you’ve received flyers, SMSes, emails or other forms of advertisements, these would be from either licensed moneylenders operating in violation of the rules, or unlicensed moneylenders.

Licensed money lender’s unsecured personal loans don’t need credit score and collateral and can be used for various purposes, with flexible tenure. They depend on factors like repayment history and income. 

Payday loans are short-term, meant for immediate cash needs, and are usually due by the next payday.

At A1 Credit, you can secure an unsecured personal loan of up to S$50,000, carrying a monthly interest rate of 1-4%. It’s important to note, however, that the final loan amount you can access will depend on your yearly income.

Banks may be an option for amounts up to S$100K, but they have stricter eligibility criteria, and loan disbursement may not be instant or immediate.

Licensed money lenders, like A1 Credit, offer terms up to 12 months for a personal loan. Some banks may offer longer terms, up to 5-7 years. Typically, long-term loans carry higher interest rates compared to short-term loans, as the risk for lenders increases over a longer period.


Get preliminary approval in 30 minutes by applying here
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