Has your bank application been rejected? We have alternative loan options from below 1% per month
Updated: 13 Aug 2025
Loan | Total Cost of Loan | Monthly Repayment | EIR | Annual Interest Rate | ||
|---|---|---|---|---|---|---|
 | S$356 | S$280 | 11.88 % p.a. | 11.88 % | ||
 | S$348 | S$279 | 11.60 % p.a. | 11.60 % | ||
 | S$817 | S$318 | 27.24 % p.a. | 27.24 % | ||
 | S$317 | S$276 | 10.56 % p.a. | 10.56 % | ||
 | S$360 | S$280 | 14.00 % p.a. | 12.00 % | ||
 | S$547 | S$296 | 18.23 % p.a. | 18.23 % | ||
 | S$446 | S$287 | 14.88 % p.a. | 14.88 % | ||
 | S$806 | S$317 | 26.88 % p.a. | 26.88 % | ||
 | S$1,080 | S$340 | 36.00 % p.a. | 36.00 % | ||
 | S$1,080 | S$340 | 36.00 % p.a. | 36.00 % |
- Enjoy the lowest interest rates in Singapore
- Get your loan disbursed in just 3 minutes
- Borrow up to 6x your monthly income
- No early repayment fee
- Conveniently located branches
- Trusted and reputable personal loan provider
- Fully licensed & regulated by the Ministry of Law
- Subject to 10% admin fee
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Apply in just 2 minutes with Singpass
- 0% interest payday loans for eligible applicants
- Get a free credit report (worth S$6.42) when you apply
- Guaranteed interest rate, reviewed and approved upfront (risk-based pricing)
- Borrow up to 6x your monthly income
- Get approved in under 10 minutes
- No hidden charges
- Trusted and reputable personal loan provider
- Fully licensed & regulated by the Ministry of Law
- Subject to 10% admin fee
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Risk-based pricing—get guaranteed interest rates reviewed and approved
- Borrow up to 6x your monthly income
- 30 minutes loan approval time
- Transparent fee structure with no hidden charges
- Trusted and reputable personal loan provider
- Fully licensed & regulated by the Ministry of Law
- Subject to 8% admin fee
- Max loan tenure of 12 months only
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Competitive interest rates from 1.8% monthly
- 50% refund on admin fees after full and timely repayment on your loan
- Complimentary loan protection insurance
- Inclusive eligibility criteria
- Fast digital application process
- Flexible repayment options
- Subject to 8-10% admin fee
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Financing options for customers who may not qualify with other lenders
- Loan offers starting from 16% APR
- Same day offer and disbursement
- No early repayment fees
- Convenient locations near to you
- Late interest is chargeable upon late repayment
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Apply once, get multiple loan offers
- Get quotes from over 70 verified loan providers
- No impact on your credit score
- Choose your preferred loan and cash out within the day
- Full loan concierge service
- Free service, no hidden costs
- Interest rate & fees vary depending on chosen loan provider (18.25% p.a. interest on average, 5% processing fee on average)
Use Singpass MyInfo to get more accurate quotes
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Free interest for customers that take a 3 month loan if full payment is paid on the 1st month
- Same day disbursement
- Borrow as low as S$200
- Subject to 8% admin fee
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Borrow up to 6 times your monthly salary
- Same-day appointment, quick approval and instant cash disbursement
- Tailored loan plans - Match needs and repayment abilities
- 5-star Google reviews from customers for stress free and smooth process
- Subject to 8-10% admin fee
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Highly rated on Google Reviews
- Open Monday to Saturday, 11am–7pm
- Loans not available for foreigners
- Loans subject to 10% admin fee
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
- Quick approval and easy process
- Low interest rates and admin fees
- Located CBD near the MRT
- Subject to 8% - 10% admin fees
The information displayed above is for reference only. The actual rates offered to you will be based on your credit score and is subject to the provider's approval.
Unsure which is the right option?
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If you're unsure which alternative loan option suits you best, you can also explore lending platforms like Credible.sg. These platforms partner with multiple licensed lenders to provide you with personalized loan quotes, helping you compare and choose the offer that fits your needs.
Looking for bank loan options instead?
While licensed money lenders can provide fast access to cash with flexible eligibility requirements, some borrowers may prefer the stability and lower interest rates typically offered by banks. If you're exploring more traditional financing options, SingSaver also partners with trusted banks in Singapore to bring you competitive personal loan offers. These bank loans may come with longer repayment periods, lower total costs, and promotional perks.
Here are some recommended bank loan options you can consider:
Frequently asked questions about alternative lenders in Singapore
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Your NRIC or FIN
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Proof of income (e.g., payslips or bank statements)
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Proof of residence (e.g., utility bills)
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SingPass login (for digital verification, if applicable)
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If you earn less than $10,000/year: up to $3,000
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If you earn more than $10,000/year: up to 6x your monthly income
An alternative loan provider is a legally licensed moneylender in Singapore that offers personal loans outside of traditional banks. These providers are regulated by the Ministry of Law and offer quick, flexible loan options that can suit a variety of needs from emergency expenses to short-term cash flow support.
Yes, as long as the provider is licensed by the Ministry of Law. Licensed providers follow strict regulations around interest rates, fees, and loan terms to ensure fair lending practices. Always verify the lender’s license via the MinLaw website.
Many alternative loan providers offer same-day approval and disbursement, especially if you apply early in the day with the required documents. Online applications can further speed up the process.
Typically, you’ll need:
Requirements may vary slightly between providers, but most aim to keep the process simple.
oan amounts depend on your income and the provider’s assessment. Generally:
Each provider may offer different terms, so it’s best to compare offers before deciding.