BST Credit does not publish a rate range or fee schedule. Your rate, the fee and how much cash you receive only appear in a written offer, which makes comparing that offer the key step.
That is the reason to compare before you commit. Compare personal loan options through PickMeALoan to request offers from its participating licensed lenders in one application, then set BST Credit’s written quote beside them for the same amount and repayment period. PickMeALoan is a commercial comparison and application platform, not the lender, and offers remain subject to each lender’s assessment.
What interest rate and fees does BST Credit charge?
BST Credit sets each rate after assessing your income, employment and loan amount, and does not publish a range on its website. The legal caps below are ceilings, not its prices.
What BST Credit publishes about cost
Personal-loan rate
Not published
- Published rate
- No rate range is published on BST Credit's website, according to earlier research
- Legal maximum
- 4% per month on outstanding principal, for every licensed moneylender
Fees
Not published
- Published schedule
- No fee schedule is published
- Legal maximum
- Upfront fee up to 10% of principal; late fee up to S$60 for each month of late repayment
- Repayment terms
Company statement: BST Credit describes flexible loan terms tailored to each borrower
Ask for: Instalments, due dates, early-settlement terms and total repayment in writing
- Total cost
Legal limit: Interest, late interest and fees together cannot exceed the loan principal
Why it matters: Without a published rate, the written offer is the only way to compare BST Credit on cost
BST Credit prices each loan after assessment. Treat the legal caps as ceilings, not a quote, and compare the written offer.
BST Credit emphasises flexible terms tailored to each borrower. Ask for the instalments and total repayment in writing, and check them against the Ministry of Law borrower guide, which caps interest at 4% per month and total interest, late interest and fees at the loan principal.
How does BST Credit compare with PickMeALoan’s participating lenders?
BST Credit is not currently offered through PickMeALoan, so its quote has to come from BST Credit directly. PickMeALoan’s participating lenders include Best Licensed Moneylender, Credit Xtra, EZ Loan, SGP Credit and Singa Credit. Offers remain subject to each lender’s assessment.
BST Credit
ReviewedNot on PickMeALoan
Rate not published
Legal cap is 4% a month
Best Licensed Moneylender
On PickMeALoan
From1.01%/ month
Credit Xtra
On PickMeALoan
From3.00%/ month
Lender site says up to 4%
EZ Loan
On PickMeALoan
From0.82%/ month
Eligible applicants only
SGP Credit
On PickMeALoan
From3.92%/ month
Singa Credit
On PickMeALoan
From2.00%/ month
Lender site says as low as 1%
Advertised starting rates or published ranges, not quotes: each lender sets your rate, fees and approval after assessment. Participating lenders' figures were checked on 10 September 2026. BST Credit is listed first, then the others alphabetically.
Sources: BST Credit website · PickMeALoan licensed-lender directory · Credit Xtra homepage · EZ Loan public page · Singa Credit homepage
One application. PickMeALoan is a commercial comparison platform, not a lender.
The participating-lender rows use the public figures displayed in PickMeALoan’s licensed-lender directory when checked on 10 September 2026: Best Licensed Moneylender from 1.01% per month, Credit Xtra from 3.00% per month, SGP Credit from 3.92% per month and Singa Credit from 2.00% per month. EZ Loan’s figure of from 0.82% per month for eligible applicants comes from EZ Loan’s public page. These are advertised starting figures, not personal quotes or guaranteed approval. BST Credit publishes no rate, so its row shows only the legal cap.
Get BST Credit’s written offer, then compare personal loan options through PickMeALoan using the same amount and repayment period. Compare cash received, fees, total repayment and due dates. Read our reviews of Best Licensed Moneylender, Credit Xtra, EZ Loan, SGP Credit and Singa Credit.
What are BST Credit’s strengths and limitations?
Strengths
- 10 loan types, including renovation, medical, foreigner and debt-consolidation loans
- Ground-floor unit about 2 minutes from Jurong East MRT
- Online application to start before visiting
- Says it has operated since 25 March 2010
- Staff praised for patient explanations of loan terms
Limitations
- No published rate range or fee schedule
- Closed on Sundays and public holidays
- Jurong East is a trip for CBD and east-side borrowers
- A heartland shopfront may feel less private than an office building
BST Credit had a 4.9-star Google rating from 2,282 reviews when recorded in May 2026. Reviews mostly mention friendly staff and a quick, organised process, and several say staff explained the terms in detail before signing. Its figure of 11,000+ customers is a company claim. None of this shows what your loan will cost.
What can you borrow from BST Credit, and who is eligible?
BST Credit lists ten loan types:
- Personal Loan
- General-purpose unsecured loans
- Renovation Loan
- Financing for home renovations and improvements
- Fast Cash Loan
- Quick-turnaround loans for urgent needs
- Business Loan
- Working capital for SMEs and self-employed borrowers
- Vacation Loan
- Travel financing
- Car Loan
- Vehicle purchase or related expenses
- Wedding Loan
- Wedding and event financing
- Foreigner Loan
- Dedicated product for work pass holders
- Medical Loan
- Cover unexpected healthcare costs
- Debt Consolidation Loan
- Combine multiple debts into a single repayment
BST Credit lists a foreigner loan for work pass holders, subject to income-based limits and assessment. If you are consolidating, compare the new total repayment with what you owe now; a single instalment is not automatically cheaper.
For unsecured loans, the Ministry of Law borrower guide sets the total maximum amount you may borrow at any time across all licensed moneylenders in Singapore:
Unsecured borrowing caps across all licensed moneylenders
Singapore citizens and PRs
Annual income and total cap
- Less than S$10,000
- S$3,000
- At least S$10,000 and less than S$20,000
- S$3,000
- At least S$20,000
- Six times monthly income
Foreigners residing in Singapore
Annual income and total cap
- Less than S$10,000
- S$500
- At least S$10,000 and less than S$20,000
- S$3,000
- At least S$20,000
- Six times monthly income
These legal ceilings apply across all licensed moneylenders. They are not a guaranteed BST Credit amount or approval. See the Ministry of Law borrower guide.
How does the BST Credit application process work?
You can start on BST Credit’s website at bstcredit.com.sg or walk in during opening hours. The Ministry of Law Registry requires licensed moneylenders to verify your identity face to face at an approved place of business before granting a loan, so funds follow the branch visit.
From online form to on-the-spot disbursement
Start online or walk in
Use the form on BST Credit's website or visit Blk 131 Jurong Gateway Road with your NRIC or work pass, payslips and proof of address.
Read the timing carefully
BST Credit advertises approval and disbursement within 24 hours; that is not a promise of approval.
Review and sign in person
Staff explain the rate and schedule; after face-to-face verification and signing, funds can be paid on the spot.
BST Credit lists Monday to Saturday hours of 11 am to 8 pm and closes on Sundays and public holidays.
Who may find BST Credit useful?
West-side residents and workers
The Jurong East unit is about 2 minutes from the MRT interchange.
Borrowers who value personal service
Reviews praise staff for patience and clear explanations of loan terms.
Homeowners planning renovations
BST Credit lists a dedicated renovation loan; compare its total cost with other offers.
Foreigners on work passes
It lists a foreigner loan; legal borrowing limits still apply.
Where is BST Credit and what should you confirm?
BST Credit
Jurong East- Nearest MRT
- Jurong East MRT (NS1/EW24) - approximately 2 minutes walk
- Phone
- +65 6299 1782
- Hours
- Mon-Sat: 11:00 AM - 8:00 PM, Sun & Public Holidays: Closed
- Website
- www.bstcredit.com.sg
- Licence
- 133/2025
- Recorded rating
- 4.9 / 5 from 2,282 reviews
BST Credit is at Blk 131 Jurong Gateway Road, #01-251, Singapore 600131, a ground-floor HDB shop unit. From Jurong East MRT (NS1/EW24), take Exit A towards Jurong Gateway Road; the block is about 2 minutes away, near the JEM and Westgate malls. It opens 11 AM to 8 PM from Monday to Saturday. See the Jurong East lender directory for the area.
What should you check before accepting a BST Credit offer?
Five checks for a BST Credit offer
- Verify BST Credit's current licence (133/2025 when last recorded; licences are renewed) and Blk 131 Jurong Gateway Road, #01-251 on the Ministry of Law list.
- Ask for your interest rate and EIR in writing, because BST Credit does not publish a rate range.
- Confirm the administrative fee, the cash you will receive, instalments and total repayment.
- If consolidating debts, compare the new total repayment with what you currently owe before signing.
- Keep the Note of Contract and receipts, and do not disclose your Singpass password or pay an advance fee to an unsolicited contact.
BST Credit publishes no rate, so its written offer is the only figure to judge. Compare it with offers for the same amount and repayment period before you sign. If the repayment would leave too little for rent, food, utilities, transport or existing debts, pause and consider non-loan assistance or debt counselling first.
