Finance Buddy is not a typical walk-in moneylender. Its focus is secured lending against investment assets, priced case by case, so there is no published rate to compare. For most people who need an unsecured personal loan, it will not be the relevant option.
If you need an unsecured personal loan, compare personal loan options through PickMeALoan to request offers from its participating licensed lenders in one application. If you hold investments and want to borrow against them, request Finance Buddy’s written quote and compare the total cost. 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 Finance Buddy charge?
Finance Buddy does not publish rates. Pricing is customised to the collateral, the loan-to-value ratio, your financial profile, and the amount and tenure. The 4% monthly legal cap applies to secured and unsecured loans alike.
What Finance Buddy publishes about cost
Secured-loan pricing
Not published
- Published rate
- No rate is published; pricing is quoted case by case
- What drives it
- Collateral type and quality, loan-to-value ratio, your financial profile, amount and tenure
Legal limits
Up to4%/ month
- Interest cap
- 4% per month, whether the loan is secured or unsecured
- Fees
- Upfront fee up to 10% of principal; late fee up to S$60 for each month of late repayment
- Collateral terms
Loan-to-value: Ask what share of each asset's value you can borrow against
If values fall: Ask what happens if collateral value drops below the required level
- Unsecured loans
Availability: Listed, with less emphasis than secured lending
Compare: Against other unsecured offers for the same amount and repayment period
Secured borrowing may be priced below unsecured loans, but Finance Buddy publishes no figure. Get a written quote before relying on that.
Contact Finance Buddy at +65 6521 6858 or askbuddy@phillip.com.sg for a quote based on your portfolio. Lenders usually advance only a percentage of an asset’s value, so your borrowing capacity depends on the portfolio and the loan-to-value terms. The Ministry of Law borrower guide caps total interest, late interest and fees at the loan principal.
How does Finance Buddy compare with PickMeALoan’s participating lenders?
Finance Buddy is not currently offered through PickMeALoan, so its quote has to come from Finance Buddy directly. PickMeALoan’s participating lenders include Best Licensed Moneylender, Credit Xtra, EZ Loan, SGP Credit and Singa Credit, which mainly offer unsecured personal loans. Offers remain subject to each lender’s assessment.
Finance Buddy
ReviewedNot on PickMeALoan
Rate not published
Secured loans quoted case by case
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. Finance Buddy is listed first, then the others alphabetically.
Sources: 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. The Finance Buddy row shows its pricing basis, because secured pricing is not directly comparable with an unsecured starting rate.
If you need an unsecured personal loan, compare personal loan options through PickMeALoan. If you are borrowing against assets, compare Finance Buddy’s written quote on total cost and collateral terms. Read our reviews of Best Licensed Moneylender, Credit Xtra, EZ Loan, SGP Credit and Singa Credit.
What are Finance Buddy’s strengths and limitations?
Strengths
- Part of the PhillipCapital group, which says it has operated since 1983
- Secured lending may be priced below unsecured loans, subject to a written quote
- Borrowers keep ownership of pledged assets and their dividends or interest
- CBD office at Raffles City Tower, connected to City Hall MRT
Limitations
- Only 3 Google reviews, too few to judge borrower experience
- Website was unreachable during earlier research; no published hours
- Unsuitable for borrowers without qualifying investment assets
- No published rate or fee schedule
Finance Buddy had a 4.7-star Google rating from only 3 reviews when recorded in May 2026. Retail moneylenders usually have hundreds or thousands of reviews, so the small number suggests it works as a secured lending arm within the PhillipCapital group rather than a walk-in lender. Call ahead before relying on any detail here.
What can you borrow from Finance Buddy, and who is eligible?
Finance Buddy lists these products, mostly secured against investment assets:
- Securities-backed Financing
- Borrow against shares and equities in your portfolio
- Insurance Policy-backed Financing
- Use insurance policies (whole life, endowment) as collateral
- Bond-backed Loans
- Leverage your bond holdings for liquidity
- Unit Trust-backed Loans
- Borrow against your unit trust investments
- Premium Financing
- Finance insurance premium payments
- Unsecured Loans
- Standard unsecured personal loans (less emphasis)
- Term Loans
- Fixed-term borrowing arrangements
- Revolving Loans
- Flexible credit line with draw-down capability
With asset-backed loans you keep ownership of the pledged assets and continue to receive dividends and interest. Eligibility is likely to depend on having qualifying investment assets. The Ministry of Law borrower guide says secured loans can be of any amount. The unsecured ceilings below apply to Finance Buddy’s unsecured loans and to unsecured borrowing 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 Finance Buddy amount or approval. See the Ministry of Law borrower guide.
How does the Finance Buddy application process work?
Finance Buddy’s process is more involved than a typical lender’s, and an initial phone consultation is strongly recommended. The Ministry of Law Registry requires face-to-face identity verification at an approved place of business before a loan is granted.
From first call to loan arrangement
First contact
Contact Finance Buddy first by phone or email to discuss what you need to borrow and which assets could serve as collateral.
Portfolio assessment
Get the portfolio assessed and a customised quote based on collateral type, loan-to-value ratio and your financial profile.
Documents and signing
Bring investment statements, NRIC and income documents, and complete face-to-face verification and signing at Raffles City Tower.
Finance Buddy does not publish office hours, and its website was unreachable during earlier research. Call before visiting.
Who may find Finance Buddy useful?
PhillipCapital investment clients needing liquidity
Borrowing against shares, bonds or insurance policies can provide cash without selling at an inopportune time.
Investors who do not want to liquidate
You keep your investment positions and continue to receive dividends while the loan is outstanding.
Borrowers with qualifying collateral
Secured loans may be priced below unsecured loans; confirm with a written quote.
Where is Finance Buddy and what should you confirm?
Finance Buddy (Phillip Credit)
CBD (Raffles City)- Nearest MRT
- City Hall MRT / Esplanade MRT
- Phone
- +65 6521 6858
- Website
- phillipcredit.com.sg
- Licence
- 110/2025
- Recorded rating
- 4.7 / 5 from 3 reviews
Finance Buddy operates from 250 North Bridge Road, #06-00, Raffles City Tower, Singapore 179101. City Hall MRT connects to Raffles City Tower through the Raffles City shopping complex, and Esplanade MRT is within walking distance. Expect an office rather than a shopfront, and book an appointment before travelling.
What should you check before accepting a Finance Buddy offer?
Five checks for a Finance Buddy offer
- Verify Finance Buddy Pte. Ltd.'s current licence (110/2025 when last recorded) and Raffles City Tower, #06-00 on the Ministry of Law list.
- Get the rate, EIR, loan-to-value ratio and total repayment in writing.
- Ask what happens if your collateral value falls, including any top-up or sale terms.
- Confirm that you keep ownership of pledged assets and their dividends or interest during the loan.
- Keep the Note of Contract and receipts, and do not disclose your Singpass password or pay an advance fee to an unsolicited contact.
Borrowing against investments carries different risks from an unsecured loan, especially if markets fall. Compare Finance Buddy’s written quote on total cost and collateral terms, and if you do not hold qualifying assets, compare unsecured offers instead. 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.
