Frequently Asked Questions

Common questions for borrowers
What is the minimum age required?

You must be at least 18 years of age to take up a loan.

What is the minimum income required?

Singaporeans / PR / Foreigners : $1500

Will my credit history affect my application?

We understand that your past credit record may not reflect your current repayment ability, therefore we look into other things such as your sources of income or assets. Discharged bankrupts are also welcomed to apply.

How much is the interest?

As of 1 October 2015, new regulations were put in place to reduce total borrowing costs. This includes capping the maximum interest to 4% per month.

Are there any other fees?

There is an admin fee of up to 10%. For late payments, there is a late fee of up to $60 as well as late interests capped at 48% per annum.


Make an Appointment

Just fill out the form below to make an appointment with our friendly and qualified staffs to assist you. It's easy and fast.