Personal Loans

Personal loans know as unsecured loans. We called personal loans as an unsecured loan because you do not need to use your personal car or property to attach for your loan application. Money lender is different from bank loans. Unsecured loans if don’t have collateral by any car or property the loan become higher risks for lenders. So you have to pay for higher interest rates compare to others secured loans. Although the personal loans interest rates are higher but still lower than those of credit cards interest rate.

Personal loans can be used for cover daily need or emergency need. Besides that, it can be helpful for various purposes ranging from consolidating debts to funding investment. The advantage of the loan is that all moneylender or bank will not interest to know the purpose of the usage of the money so you don’t think your reason for applying for the personal loan.

Qualification for Personal Loans

In general, eligibility for personal loans application in Singapore is very straightforward. Applicant must have a stable income with the minimum annual income of S$ 10,000 and above or business activities. Besides that, the applicant must be citizens of Singapore or Permanent Residents and above 21 years old which is comply by Singapore law.

Preparing Mobile bill or Original PUB that can prove your residential address. Your income proof which latest six months CPF contribution statement and latest income tax assessment and NRIC. If the applicant couldn’t provide complete required documents or incomplete information the loan will be get rejected by the moneylender.

  • Singaporean, Permanent Residents.
  • NRIC
  • Original PUB or Mobile bill reflecting your residential address.
  • Min. 21 years old and above.
  • Current Employment Contract.
  • Latest 3 months salary statement.
  • Latest 6 months or more CPF Contribution Statement.
  • Income Tax Statement.
  • Not an undischarged bankrupt, or facing any bankruptcy proceeding.

For more information regarding our loan product do not hesitate to contact us at +65 6266 5422 or email

Visit us at 149 Rochor Road #01-07 Fu Lu Shou Complex Singapore 188425


Best and Trusted Moneylender For Personal Loan in Singapore

1st Credit SG Pte Ltd is a preferred legal and licensed moneylender in Singapore. Our company established more than 10 years. We have a good reputation and illustration history of customer satisfaction. Our team has been actively working with customers to solve their financial difficulties. Our personal loans services are available at any time to resolve your money problem. In addition, this is an unsecured loan, therefore the interest rate will be higher compare to typically secured loans like mortgages and car loans.

1st Credit SG personal loan is fast credit for emergency needs. If you need money immediately 1st Credit SG personal loan is the best solution. As long as your documents have been completely submitted with meet all criteria. You can get all money within a few hours, even thirty minutes for smaller personal loan Singapore.

Personal Loan amount

Personal loan amount of money that you can lend is depending on your income. Up to S$ 3,000 if your yearly income is more than S$ 20,000. Otherwise, yearly income more than S$20,000 you able to borrow up to 6 times of your monthly income. But also depend on your available credit if you had taking other loans from different sources, it will lower down the available credit so the amount which we can lend you also lower. Clear your debt as fast as possible so we can open up the available credit limit ensure you can get the full loan amount that you need.

In addition, we will assess your financial abilities to determine the most suitable repayment that wouldn’t over-burden from your income.

We need the proof of an employment contract that stated your salary. Together with last 3 month salary payslip and bank statement which can let us assess your debt credit ratio, income and others expenses. This can help us determine the amount to be lent.

For those who don’t have salary statements such as entrepreneurs and people on commission basic. Just provide with last two month income tax returns can let us understand monthly income. Then use to calculate the personal loan amount to be lent and repayment solution.

Besides that, we can provide loan for people who had declared bankrupt previously provided with a letter of discharge. For bank and traditional creditor, business will require bankrupt individual waiting 5-7 years cooling period to acquiring credit.

Usage of Personal Loan

The usage of personal loan is mainly to help you out of emergency situations. For example medical emergency and times where legal action may result if payment is delayed. In this case, advised doing not apply for more than you need just because of your qualifications.

Advice does not use the loan to involve in gambling, speculative investment trading or other unsecured ventures. Use the loan to solve your urgent need if there is extra money, you return to us to do partial settlement of your loan.

Singapore Law lenders do not allow extend credit where the total repayment exceeding 65% of the gross salary. In order to maximize chances to get the full loan, we advise you avoid taking much credit at the same time.

Singapore Licensed Moneylenders For Fast Cash

By Singapore law licensed moneylenders are available and mandated to offer easy credit solutions compared to banks and other bigger financial institutions. However there are a lot of credentials around us, you must be careful before applying for loan from them.

At 1st Credit SG Pte Ltd our services are ideal and best because we can approve your loan instantly, with loan processing times as fast as thirty minutes from the documents completely submitted.

Contacting Your Trusted Moneylender

1st Credit SG Pte Ltd formerly known as Ariksha Licensed Moneylender is the most trustworthy license money lender in Singapore since the year 1989. We are offering the lowest interest rate for all our loan products. It will help you to save on cost. Different from others dishonest moneylenders including a lot of hidden charges that will push on the burden of repayment.

1st Credit SG are trustworthy business owners and we provide professional service to our customer. 1st Credit SG Pte Ltd is one of the top Moneylender Open on Sunday in Singapore. Our best staffs are stand by to give the best service to every client.

Visit our site to get further information.
Act now, call us at +65 6266 5422 or email .
Drop by our office at 149 Rochor Road #01-07 Fu Lu Shou Complex Singapore 188425.

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