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Payday Loan
HOME | LOANS | PAYDAY LOAN
A payday loan is a short-term loan intended to cover urgent financial needs until your next paycheck. Typically, you borrow a sum of money, which you agree to repay on your next payday or within a few weeks. Payday loans are designed for quick access to cash
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​At 1133 Moneylenders, we believe we are the best choice for payday loans for several key reasons. Our competitive interest rates and flexible terms make borrowing more manageable and affordable. We offer a quick approval process and fast disbursement of funds, ensuring that you receive the money you need in a timely manner. Our commitment to excellent customer service means you’ll benefit from clear communication and support throughout the loan process. We also maintain a transparent fee structure with no hidden charges, so you know exactly what to expect. With a strong reputation for reliability and positive customer feedback, we are a trusted and dependable option for payday loans.
Advantages of a Payday Loan
Straightforward Application
Our payday loan application process takes just 5 minutes. Simply fill out a quick online form with your basic details and we will ensure fast approval with minimal paperwork. Our user-friendly process helps you get cash quickly, with clear terms and no hidden fees.
Worry Not About Bad Credit Score
We focus on providing quick and accessible financial solutions, regardless of your credit history. We do not discriminate.Our streamlined application process and flexible criteria are designed to help you get the funds you need, even if your credit score isn’t perfect.
Lowest Interest Rates
We offer some of the lowest interest rates in the market on our payday loans. Our commitment to competitive pricing ensures you receive the funds you need at minimal cost, helping you manage your financial needs without excessive interest charges.
Get Through Rainy Days
we're dedicated to helping you navigate challenging times with ease. Count on us to be there with you and for you, offering reliable support when you need it most.
3 Easy Steps
To Applying For A Loan
Call or Apply
Online
Heading down
to office
Receive Cash
on the spot
Call us at 6556-1133
or simply apply online and set an appointment and we will cater to your convenience.
Come in for an appointment and create a customised plan with our friendly staff , they are here to make your experience easy and stress-free. They offer personalized support, guiding you through the loan process with warmth and clarity.
No hidden fees! Approval within less than 10 minutes with instant cash disbursement in our office!
Frequently Asked Questions
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Am I Eligible To Borrow From Moneylenders ?To be eligible, you must be: Singaporean Citizen, a Permanent Resident, or a foreigner with a valid working permit. At least 21 years old. Have not declared bankruptcy or will be facing a bankruptcy proceeding in the near future. Employed with CPF contribution or can provide payslips for the last 3 months and self-employed with the income tax assessment, ACRA, NEA license (if any) or vocational license (if any).
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What Are The Prerequisites to Apply For a Loan?For Salaried and Commission-based Employees ID Card (NRIC) Any latest bill indicating your current residential address (Proof of Billing) Latest 3-month original payslip if you have no CPF contribution Letter of employment if you are a new employee For Self Employed ID Card (NRIC) Notice of Assessment indicating trade income Accounting/Corporate Regulatory Authority (ACRA) Any latest bill indicating your current residential address (Proof of Billing) For Taxi Drivers ID Card (NRIC) Vocational license Taxi pass 7-day job summary Any latest bill indicating your current residential address (Proof of Billing) If you are unsure feel free to drop us a call and enquirer
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How Much Can I Borrow?You can borrow: Up to $3,000 if you are a Singaporean or a Permanent Resident earning less than $20,000 a year. Up to 6 times your monthly income if you are a Singaporean or a Permanent Resident earning $20,000 or more a year. Up to $500 if you are a foreigner residing in Singapore earning less than $10,000. Up to $3,000 if you are a foreigner residing in Singapore earning less than $20,000. Up to 6 times your monthly income if you are a foreigner residing in Singapore earning $20,000 or more a year.
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Can I Apply For a Higher Loan Amount?Certainly! Once you have fully settled your current loan with a clean payment history, we would be happy to offer you a higher loan amount.
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What Is The Interest Rate For a Cash Loan?We charge 3.92% below the maximum rate of 4%
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Can Private-Hire Driver apply for a Loan?Yes. Simply submit your proof of billing, car rental agreement and proof of income.
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What Are The Other Fees You Charge?We charge the following: A late fee not exceeding a maximum of only$60 for each month An upfront administrative fee not exceeding 10% of the principal loan amount. Charged once the loan is granted Legal costs awarded by the court for a successful claim following the recovery of the loan. The total charges consisting of interests, late interest, upfront administrative and late fee will not exceed the amount of your principal loan.