Very professional and honest company. Read the reviews here before visiting them. Rates are very reasonable as per law. Staffs are very very friendly and overall very satisfied. Thanks

5 star service licensed moneylender. Nice friendly personnel there and discreet located at one corner.

by Michelle Dulac on GM Creditz Pte Ltd

Being a foreigner working in Singapore I was worried when faced with an emergency back home that needed me to transfer some money for my father who needed an urgent medical operation. I heard of moneylenders before offering loans to foreigners but was reluctant at first to apply as I have read stories of other people getting harrased by them. Mosts lenders I enquired from only allowed me to repay back in weekly terms but I was glad I came across GM Creditz when searching for a reliable lender on Google as they turned out to be extremely professional and kind. Their staff offered me installments that I could repay back on a monthly basis and when I needed some help due to my salary being delayed, they granted me a grace period without charging me any late fees. I feel this is really understanding on their part and if there is one lender that truly empathizes with the needs of its customers, GM Creditz would be it. Now that I have cleared the loan, I cannot imagine what would have happened if I did not manage to get the urgent funds from them at that point in time. Hence, I am writing this review to truly thank them for helping me in my greatest time of need. Thank you GM Creditz from the bottom of my heart.

It's my very first time taking up a loan from licensed moneylender, I've come across 365 Credit Solutions from the web. After reading the reviews from the web, I finally called and booked an appointment.I'm glad they elaborate the loan details well and make it simple and understandable. I would like to use this opportunity to thank 365 Credit Solutions for the assistance, have a great weekend!

by Nur Shaheerah on GM Creditz Pte Ltd

I approached GM Creditz after reading through their reviews online. This was the first time I visited a licensed moneylender as I needed money urgently to pay for my son's education fees. When I went to GM Creditz, the lady who served me was very patient in assisting and enlightening me about how their loan process work. They offered me a reasonable interest rate and tailor-made a repayment plan according to my repayment capability. I left feeling very pleased and comfortable with their service and would like to commend Cassie for taking the time to listen to my needs.Thank you so so much for your help.

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Money is indispensable to lead a happy life. A good and regular income is a dream for many. Unfortunately, not everyone is blessed with the wealth that he or she desires. So, sometimes visiting a moneylender is inevitable. When there is very little time left and you are looking to get a cash loan for an emergency situation, many people tend to search online for moneylender reviews before visiting them. We all know that money lending companies are quite common in Singapore. With many competing to find their space in a thriving market, it sometimes becomes difficult to choose the best one. Though you may have multiple options to get money with limited collateral, you may find it difficult to find a reliable licensed moneylender. For first timers making this decision of choosing the right moneylender can be a tricky proposition.

If you are wondering what to do, we have a solution for you. You do not have to spend time figuring out this. We have done this task for you. You can get the list of legal money lenders operating in Singapore from our website. The companies that are listed here are verified by us. We have confirmed that the details they have furnished on their website are genuine and trustworthy. Most importantly, we have also made it ascertained that they are indeed licensed moneylenders listed on the Registry of Moneylenders. Not only that we have updated the list with the moneylender’s contact details, address, and customer reviews. We will continue to keep updating the list as soon as a new money lending company gets its license. So, for sure you are going to get a list of licensed moneylenders who are both legal and professional from our website.

For those who have not attempted to seek a loan before, the moneylending is a process of taking private loans from licensed money lending companies. The licensed money lending companies are ones that are legally authorized to operate the money lending business. It can be said that having a money lending license is a stamp of trust for the money lender. The process of applying for a loan from any of these moneylenders in Singapore would be simple. You can either fill up the inquiry form online on their website or visit their office to start the process of borrowing. If you are having any doubts about the company, you can always check the reviews on this page. All reviews are given by past customers based on their experience with each moneylender in our list. These reviews and comments serve as a good source of vital information. The more information about a particular company you have, the better is your decision making abilities.

Their past reviews will provide you valuable insights on how each lenders operate differently from the other and what additional features they offer. Typically, an ideal moneylender should include the following criteria:

Whether the moneylender has a valid license to give out loans?

As mentioned earlier, if the moneylender does not have a valid license, it is best to stay away from that moneylending firm. Even if you are given an explanation that they have applied for a license and are expecting to get it in a week or two, I would suggest you not to jump the gun.

The behavior of the staff at money lending company – are they polite and professional?

One of the crucial factors that impacts the choice of moneylenders is the behavior of the staff at their office. The more professional they are, the easier is it going to be for you to deal with them.

Does the customer support staff at the money lending company explain the process in detail?

Do not fall for the sweet talk and tall promises. Always, read the terms and conditions yourself and understand. Some support staff may hide critical information on the loan process or any hidden charges that can put you in a difficult situation at a later period. Be aware of this fact!

Were there any negative experiences for the clients documented?

Experiences from other customers who have availed the services of the moneylenders can be quite useful. While there would be some negative comments too, you need to check whether the reason for the negative comment is towards a feature or factor that is critical to you as your choice could well depend on this.

What are the interest rates they ask from the customers?

This is the most important factor anybody taking a loan would be looking at. To understand this you should always know the rules and regulations set by the Ministry of law in Singapore. Details on the available loan packages will be a valuable piece of information that can be found from trustable moneylender reviews.

How fast your loan will be approved and how should you pay back your loan – monthly or weekly?

Time and tide wait for none. If you are in urgent need of money, then you would rather deal with a moneylender who loans you money sooner than somebody who gives you a marginally lower interest rate. So, check out for information on the steps involved and the speed of loan approvals. The payback frequency is yet another factor that you should consider while choosing a licensed moneylender. Some lenders give you flexible payment options while others may not.

Good information and review will help you understand what you have to prepare yourself for and make the right choice. Above are the main information that you can get from a trustable moneylender review. You can get all these information from our website because along with our personal reviews you get access to all the reviews posted by customers. When we upload a review we make sure that the information published in our website is genuine and true.

Notes to borrower:
LoanCredit.SG aims to be the best financial directory in Singapore. We do not represent any licensed moneylender or offer any loans directly, over the phone or at our office or otherwise. We ensure that all advertisers featured in our business directory are evaluated and selected carefully, particularly those that are licensed by government authorities.
The minimum period of repayment is 2 months and the maximum period of repayment is 6 months. The interest rate offered by the licensed moneylenders is 1% to 4% per month, depending on your credit rating and other factors. This corresponds to a 12% to 48% Per Annum APR based on monthly reducing interest rate.
For example, if you borrow $1,000 for 6 months, at the maximum interest rate of 4% per month (48% APR), your monthly repayment will be $190.76 and total interest for the 6 months is $144.58.
The example mention above is an estimation and for illustration purposes only, please check with the respective Licensed Moneylenders as it may vary due to loan amount, period of loan and other fees such as late fee and late interest rate that may be charged in the event of violation on terms & conditions.
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