Trusted Licensed Money Lender in Jurong, Singapore | Legal Loan
Quick Credit® is an authorized licensed money lender located conveniently in Jurong. We understand the importance of getting money quickly. We offer low rates, no hidden fee for unsecured personal loan in Singapore.
What is the fastest way to get a loan in 2026?
Walk in to our office located at Chinese Garden MRT and get your loan within 30 minutes! That’s what we guaranteed!
>50k
Loyal Clients
$500M
Loans Funded
2k+
5 Stars Google Review
Need a fast cash loan?
Loan Services Provider in Quick Credit
Personal Loans
Use for Any Purpose | Fast Approval
We taking care of your sudden emergency and we promise to disburse cash on the spot. Loan approval in just 30 minutes.
Explore Personal Loan
Payday Loans
Direct Fund | Pay on next payday
We support your expenses until your payday.
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Need Business Fund?
Competitive Interest Rates | Tailored Solutions
We help to fund your SME grow bigger!
Explore Business Loan
Clearing all the debts in ONE time?
Flexible Repayment Terms | Suitable for Card Debt
Quick Credit® can offer this serivce by consolidating all your debt in one. We pay all of your total debts and you pay according to a new repayment schedule
Explore Debt Consolidation
Applying For Loans Was
Never Simpler
A personal loan can be the best choice when you have to cover such expenses in a single payment.
To apply for an unsecured loan with Quick Credit®, borrowers will need:
NRIC / Work Pass
If you are a Singaporeans, you will need to bring along your NRIC.
If you are a foreigner, you will need to bring your Work ID and Passport.
Latest 3 months payslip
You will need to bring along your 3 months payslip to identify your loan limits.
CPF Contribution Statements
(For Singaporean)
You will need to prove either be employed or have a consistent source of income.
Proof of Address
(For Foreigner)
If you are a foreigner, you will need to bring along your loan agreement, phone bill or any other documents that prove your current address.
How To Apply Loan online at anytime 24/7
We had summarised in just 3 simple steps to apply loan whether online or offline. Take your first step to fill in our loan application form!
01
Application
Submit your simple personal details with our online application form or you can visit our office for further discussion.
FREQUENTLY ASKED QUESTIONS
The following are questions that both new and existing borrowers frequently ask us.
How we act as an approved licensed moneylending company in Jurong?
Quick Credit® is one of the licensed moneylending company that provides personal, payday, business and other loan options in Jurong. We are the lender authurised by Ministry of Law (MinLaw) and hold the licence since 2002. Our moneylender’s licence no is 27/2026.
We has established a good reputation over the years by having transparency in its operations, getting approval in a short time and customer-centered culture.
Our company operates within the guidelines stipulated by the Ministry of Law (MinLaw) in Singapore and hence all of our loan practices are ethical and legal.
How can I locate Quick Credit office?
You can locate the nearest licensed moneylenders branch by:
Using Online Maps: You can use Google Maps can help you find nearby branches by searching keyword “legal money lender Singapore near me“.
Checking the Moneylender’s Website: There are several legal moneylenders that post the location of their branches on their official websites.
Get in Touch with Customer Service: Call the moneylender’s customer service for information on the nearest branch.
What is the lender regulations for licensed lenders in Singapore?
The latest news of moneylending regulations will be found at:
Government Websites: Government websites (i.e.: the Ministry of Law, etc.) are on a regular basis by the ministry.
News Portals: Financial news websites and local, regional daily newspapers are typical sources of information on regulatory changes.
What other fees are licensed moneylenders allowed to charge?
- Administrative Fees: Up to 10% of the principal loan amount (deducted upfront upon loan disbursement).
- Late Payment Fees: Capped at a maximum of S$60 per month.
- Late Interest Rates: Capped at 4% per month, charged only on the overdue loan amount (not the remaining balance).
Total Cost Cap Rule: The sum of interest fees, late interest fees, administrative fees and late payment fees charged over the life of the loan cannot exceed 100% of the original principal amount.
What is unsecured loans and is it the risky choice?
An unsecured loan is a loan you can get without having to put up any collateral, like your car or house. Because there’s no asset securing the loan, lenders will verify and approve the loan based on your financial history and your ability to pay it back.
When we talk about unsecured loan, we are looking at things like personal loans, credit cards and student loans. These can be fantastic options for many folks, but it is crucial to keep in mind that because there’s no collateral involved, the interest rates can sometimes be a bit higher to offset the lender’s risk.
How do I get loans from legal money lenders?
In Singapore, you can either apply for a cash loan from a bank or licensed moneylender. Licensed moneylenders typically will disburse a loan within 30 minutes like Quick Credit.
We recommend you to apply online loan from us. Our financial officers will clearly explain to you about our loan process and how fast you can get your loan or money.
Can I change my loan repayment schedule?
Yes. You can change your loan repayment schedule with us but this is subject to approval.
Please feel free to share your concerns or your difficulties with our professional loan officers. We are here to listen and discuss with you to find a solution that works for you.
What should I know about loan refinancing?
Refinancing a loan is also can be a Debt Consolidation. This means replacing your current loan with a new one, to make repayment easier. Borrowers usually will consolidate their higher interest loans compile into one.
When you applying cash loan with us, we will review your existing loans and financial history to create a new offer for you. The new loan will come with new interest rates, a longer repayment period or a new repayment fees.
Is there any penalties if I repay my loan early?
Under Singapore’s Ministry of Law (MinLaw) regulations and Moneylenders Act, licensed moneylenders cannot charge early repayment fees or penalty charges if you pay off your loan ahead of schedule.
1. The Early Repayment Rule
- No Prepayment Penalty: Licensed moneylenders in Singapore are strictly prohibited from charging early settlement fees, termination charges or exit penalties.
- Interest Saved: Interest fees are calculated on a monthly reducing balance basis. When you clear your principal balance early, interest fees will stop accruing on the remaining money immediately, which reduces your overall cost of borrowing.
Can a licensed lender send loan offers via SMS or WhatsApp?
No. Licensed moneylenders in Singapore are strictly prohibited from soliciting loans via SMS, WhatsApp, social media or cold calling. Legitimate lenders are only permitted to advertise through:
- Their official registered website.
- Business or consumer directories.
- Advertisements placed in or on their physical office premise.
Do I need to visit the office to complete a loan application?
Yes. While you can submit an initial application online but you still have to visit their offices in person.
It is becuase MinLaw mandates that the contract signing, identity verification and loan face-to-face explanation must take place at the lender’s registered physical place of business.
Can I get a loan if I have a poor credit score profile?
Yes. You can still get a loan even if your credit score profile is low or poor but this is subject to approval.
You can apply loans with licensed moneylenders like Quick Credit. We will help you in reducing your existing debts and planning for your financial expenses.
Feel free to contact us at 6899 6188 or visit our office at Blk 353 Jurong East St 31, #01-115, Singapore 600353. Our licensed loan officers will offer you FREE loan consultation to use your money wisely.
What happens if I act as a guarantor for someone else’s loans?
As a guarantor, you assume equal legal responsibility for clearing the debt if the primary borrower defaults. The moneylender must explain the loan contract to you directly and you must sign the Loan Contract in person at their registered office.
What should I do if I cannot make a loan installment on time?
Contact your moneylender immediately before the due date.
Legitimate money lenders prefer restructuring your payment terms over facing a default. MinLaw restricts late charges to a S$60/month late fee and a 4%/month late interest rate applied only to the overdue amount.
Does borrowing from licensed lenders affect my bank credit score?
No, not directly.
Licensed moneylenders report borrowing and repayment activity to the Moneylenders Credit Bureau (MLCB), which is separate from Credit Bureau Singapore (CBS) used by major commercial banks.
However, excessive borrowing across multiple licensed moneylenders will reduce your aggregate borrowing capacity in the MLCB system.
Can licensed moneylenders in Singapore help me avoid bankruptcy?
Yes, under specific circumstances. If you have multiple high-interest debts across credit cards or other money lenders, consolidating them into a single loan with a structured repayment plan can make monthly payments manageable. However, debt consolidation only works if:
- The consolidated installment fits within your monthly budget.
- You do not accumulate new debts while paying off the consolidated money.
For severe financial distress, formal schemes like the Debt Management Programme (DMP) via Credit Counselling Singapore (CCS) or a Simplified Debt Restructuring Programme may be explored before considering bankruptcy.
Can foreigners or work pass holders borrow from a licensed lending company?
Yes, foreign nationals working in Singapore (holding Work Pass) can legally apply for a loan from a licensed lender.
Licensed moneylender in Singapore like Quick Credit, offer loan to foreigners even if their income are low.
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We Had Moved to a new location!
Our new outlet is now nearby Chinese Garden MRT with just 3 minutes walk from Chinese Garden MRT Exit A.
There will be no changes in our contacts, such as phone numbers and email addresses.
Thanks to your ongoing support we are so happy to share this new journey with you.