Payday Loan Singapore
Payday Loan are short-term unsecured cash loan in small amount. They are typically borrowed in small amount from licensed moneylenders in Singapore.
The interests rate varies for payday loan and generally affected by the tenure of the loan required.
Generally, people who cannot secure a bank loan will turn to licensed moneylenders for a payday loan or personal loan.
However, securing such payday loans are no longer easy due to the introduction of debt ratio law.
These are the documents you will need to submit:
- Photocopy of your NRIC (both sides)
- If you are a salaried employee, you’ll need your latest e-statement, or your CPF contribution history statement for the last 12 months, or your latest Income Tax Notice of Assessment
- If you are self-employed, you’ll need your latest 2 years of Income Tax Notice of Assessment
Banks and Moneylenders revised their payday loan rates from time to time. Payday loan rates usually range from 4% to 10% per annum. Call us today to find out about prevailing best payday loan interests rate.
Contact Us Now-:
License No.: 96/2016
Reg No: 201010579C
Tel: +65 6635 8888
Block 131 Jurong Gateway Road # 01-261