PickMeALoan Whatsapp Number +6588257968 for people to click and use

Fast Cash Loans Singapore

Q: Can I apply if my credit score is low?

Yes, you may still qualify depending on your income, repayment ability, and existing financial commitments. Each provider has its own assessment criteria, and credit score alone does not determine approval.

Q: Will checking my eligibility affect my credit score?

No. Checking your eligibility does not affect your credit score. Only a formal loan application or approved loan may appear in your credit profile, depending on the provider.

Q: What documents do I need?

Most borrowers provide their NRIC, latest payslip, CPF contribution history, or employment proof. Singpass verification helps streamline the process and reduces document submissions.

Q: What if I don’t want to use Singpass?

You can still apply manually by submitting your documents directly. However, using Singpass provides faster verification, more accurate loan matching, and a smoother experience.

Compare Cash Loan Options Instantly

A fast cash loan in Singapore is a short-term unsecured loan providing quick access to funds—typically $1,000–$10,000—with fixed monthly instalments. Approval is based on income, affordability, employment stability, and existing financial commitments. Most borrowers receive funds on the same day once verification is completed.

Updated Dec 2025 | 5 minutes

Fast Cash Loan – Key Facts at a Glance

Pregnant woman considering all the fast cash loan details

Key Factor	Typical Range
Loan Amount	$1,000 – $10,000
Interest (Flat)	1.88% – 4% monthly
EIR	Varies by tenure & calculation
Tenure	3 – 24 months
Approval Time	Same day
Minimum Income	$1,800 – $2,000

How to get Fast Cash Loans in Singapore (Step-By-Step)

The standard process used by fast cash loan providers.

Step 1 in how to apply for a fast cash loan in Singapore

Submit your loan details to a fast cash provider

Borrowers typically provide income information, identification, and the loan amount they need.

This helps lenders understand your affordability and check your MLCB (Maximum Loan Cap).

Step 2 in how to apply for a fast cash loan in Singapore

Fast cash providers check your eligibility

Fast cash providers evaluate:

your monthly income
existing unsecured debt (MLCB)
credit history (if applicable)
employment stability
loan purpose

Step 3 in how to apply for a fast cash loan in Singapore

You receive loan offers & proceed with verification

If approved, fast cash providers provide a loan amount, interest rate, tenure, and total cost.

Borrowers then submit supporting documents for final verification.

Why People Apply for a Fast Cash Loan:

Medical or Emergency Expenses
Bill payments
Home or car repairs
Family or childcare needs
Short-term cashflow gaps
Travel or personal reasons
Education
Consolidating multiple small payments

Why Borrowers Prefer PickMeALoan Instead:

Compare multiple lenders at once
Lowest Rates Guaranteed
Instant pre-checks without affecting credit score
See your estimated rates and loan amounts upfront
Offers delivered immediately through WhatsApp

List of Fast Cash Loan Providers in Singapore (2026)

Updated with the latest publicly available fast cash loan provider benchmarks.

Lender Type	Typical Interest Rate	Max. Loan Amount	Approval Speed	Notes
Fast Cash Loan Providers	~4.0% monthly	6 times monthly income	Same day	More flexible, faster approval
Lendela	~3.0% – 4.0% monthly	6 times monthly income	Same day	One application → multiple options
LendingPot	~3.0% – 4.0% monthly	6 times monthly income	Same day	One application → multiple lenders
Roshi	~3.0% – 4.0% monthly	6 times monthly income	Same day	Compares bank + moneylender options
PickMeALoan	~1.0% – 3.0% monthly	6 times monthly income	Minutes	Lowest rates • AI-powered matching • Discreet & private • PDPA-compliant

Disclaimer: Actual rates depend on income, credit profile, existing loans, and fast cash provider risk policies.

Top 3 Fast Cash Loans in Singapore

(By Lowest Interest Rate)

We reviewed a wide range of fast cash loans options available in Singapore and identified the products that offer the strongest combination of value, transparency, and borrower-friendly features.

Based on key factors such as interest rates, fees, loan amounts, repayment flexibility, approval speed, and overall borrower experience, the following options stand out as the most compelling choices.

PickMeALoan Fast Cash Loan Offer

1.88%

Monthly Interest Rate

24 Months

Loan Tenure (Up To)

$10,000

Loan Amount (Up To)

PickMeALoan offers fast cash loan options with competitive rates ranging from 1.88% monthly, flexible loan tenures of up to 24 months, and loan amounts of up to $10,000 or more. Our system compares multiple fast cash providers instantly to match you with the best available offer based on your income, MLCB usage and repayment profile.

With AI-powered matching, price-matching guarantees, and discreet processing, PickMeALoan simplifies the loan application process while ensuring borrowers receive the most affordable and suitable loan options available.

DBS Personal Loan

1.48%

Annual Interest Rate

$10,439

Total Repayment

$438

Monthly Repayment

DBS Personal Loan offers one of the most attractive bank rates in Singapore, with interest starting from 1.48% p.a. and an EIR from 2.84% p.a. Borrowers can choose flexible loan tenures ranging from 6 months to 5 years, with funds disbursed directly into their DBS/POSB account upon approval.

Applications are open to Singapore Citizens and Permanent Residents aged 21 and above, with a minimum annual income of $20,000. DBS accepts salaried workers, variable income earners, and the self-employed, making it a suitable option for a wide range of borrowers. Using Singpass MyInfo speeds up verification and helps applicants secure faster approval.

Borrowers can receive up to 4× their monthly salary if they earn below $120,000 annually, or up to 10× if they earn more. This makes DBS an excellent option for those needing higher financing limits.

Do note that DBS charges an annual processing fee of $199, which is deducted upfront from the approved loan amount. Early or late repayment fees may also apply, so it’s important to review all terms before committing.

Trust Bank Instant Loan

1.56%

Annual Interest Rate

$10,505

Total Repayment

$291.81

Monthly Repayment

Trust Bank Instant Loan is one of the fastest personal loan options in Singapore, offering approvals and disbursement in as little as 60 seconds. With interest rates starting from 1.56% p.a. and an EIR from 3.00% p.a., it is one of the most affordable digital loan products currently available. There are no processing fees and borrowers can choose repayment terms from 3 to 60 months.

The loan is open to Singapore Citizens and Permanent Residents aged 21 and above, with a minimum annual income of $30,000. Trust accepts salaried and commission-based workers, self-employed individuals, and variable-income earners. Applications are done fully through the Trust mobile app, allowing borrowers to apply, verify income, and receive funds quickly.

Because Trust does not charge processing fees, the overall cost of borrowing is lower compared to many traditional bank loans. However, interest rates may vary depending on your credit profile and income stability, so your actual approved rate may differ from the advertised benchmark.

Trust Bank is part of the SDIC Deposit Insurance Scheme, meaning eligible deposits are insured up to $100,000 per depositor per bank.

How to Compare Fast Cash Loans in Singapore

Comparing fast cash loans isn’t just about finding the lowest interest rate. In Singapore, factors like EIR, fees, tenure, MLCB limits and approval likelihood dramatically affect what you’ll actually pay. Here’s what to check before choosing a fast cash provider and how PickMeALoan simplifies it instantly.

Check the Effective Interest Rate (EIR), Not Just the Monthly Rate
The monthly interest rate doesn’t show the true cost of your loan. EIR includes fees and compounding giving you the real cost comparison across fast cash providers.

Include All Processing & Admin Fees
A loan with a low advertised rate may still cost more once fees are included. Always compare total cost, not just the interest. Our platform calculates this for you.

Understand Your MLCB (Maximum Loan Cap)
Under MAS rules, you can only borrow up to 6× of your monthly income across all unsecured loans. Your current MLCB affects the maximum loan amount you can get.

Compare Tenure vs. Monthly Installment
Longer tenures reduce monthly payments but increase total interest paid. Shorter tenures cost more each month but save money overall, we show both options clearly.

Consider Approval Likelihood for Your Profile
Banks, fast cash providers, and alternatives assess income, credit history, pass type, and existing debt differently. PickMeALoan ranks fast cash providers by your actual approval probability.

Don't Overlook Speed of Disbursement
Some fast cash providers take days; others approve within hours. If you need funds urgently, sorting by fastest approval can matter more than a 0.1% rate difference.