Apply Once. Compare Offers from 10+ Licensed Lenders.
Start one application to see matched personal loan offers. Comparing is free and there is no obligation. Each lender decides your rate, approval and payout after its assessment.
Shape a repayment that fits
Illustration uses 0.82% per month on a reducing balance. Processing fees of up to 10% are charged separately by the lender. Your actual rate, fee and offer depend on the lender's assessment. See rates, fees and the full cost example below.
From application to lender appointment
See what happens after you apply, including the in-person lender appointment required before a loan can be approved and paid out.
Apply once via Singpass
Singpass begins the application and is used for secure verification. Submit once for matching across 10+ licensed lenders.
Receive matched offers
Lenders return the offers available for your profile. A matched offer is not final approval.
Compare total repayment
Review the rate, monthly instalment and total repayment before choosing whether to proceed. There is no obligation to accept.
Meet your chosen lender
PickMeALoan helps arrange an in-person appointment for the lender's assessment and signing. Approval and payout remain the lender's decisions.
Profiles we often help
These are common patterns among borrowers funded through PickMeALoan, not eligibility requirements. Every lender assesses applications individually.
Salaried workers
Many funded borrowers work in F&B, logistics, construction, security and service roles. Applications are assessed individually.
Monthly income around S$3k–S$8k
This is a common range among borrowers who funded through PickMeALoan, not an exclusive eligibility rule.
Applicants declined by banks
A bank decline does not mean every lender will make the same decision. Apply once to check for matched offers.
A free comparison platform,
not a lender.
PickMeALoan is AI-driven and autonomous — we operate without the overhead of a large team. Lower operating costs mean we take less from lenders than traditional comparison platforms.
Every lender on PickMeALoan is an aligned partner — vetted, licensed, and required to offer competitive rates as a condition of being on the platform. When lenders keep more margin and commit to borrower-first pricing, the rates you see are genuinely lower.
All loans are issued by lenders licensed and regulated by the Ministry of Law, Singapore.
There's no cost to compare. PickMeALoan earns a referral fee from lenders when a loan is funded.
We share the offers available for your profile and help arrange the in-person lender appointment. You choose whether to proceed.
Singpass begins the application and is used for secure verification. Offers are shared through PickMeALoan via WhatsApp.
Rates, approval and payout are decided by the lender after its assessment. A matched offer is not final approval.
Rates, fees & repayment
Repayment: 3–24 months. Maximum interest: 4% per month on the remaining principal, before fees. Lender processing fee: up to 10% of the principal. PickMeALoan comparison fee: S$0.
Maximum annual interest, before fees: 48% nominal, approximately 60.1% effective. This is interest only, not a fee-inclusive APR. Processing fees can raise the annualised borrowing cost above 60.1%, depending on the repayment schedule.
A representative example
S$5,000 over 12 months at 0.82% monthly reducing-balance interest.
Total borrowing costS$770.49Interest S$270.49 + fee S$500
Fee-inclusive annual EIR≈ 34.8%This example only — not the maximum
Illustration, not a personal offer. Assumes on-time payments; rounding may affect the final instalment. Late-payment charges are excluded. The lender decides actual rates, fees, approval and terms.
How these figures work
Monthly interest and annual borrowing cost are different. The example’s 0.82% monthly interest rate applies to the remaining principal. Its annual EIR accounts for both the interest and the upfront fee. That example-specific EIR is not the maximum rate available through the platform.
Cash received is not always the loan principal. Here, the S$500 fee is taken from the S$5,000 principal before disbursement. The S$770.49 total borrowing cost includes both interest and that fee; the fee is not added twice.
PickMeALoan is a comparison platform, not a lender. Compare the lender’s full repayment schedule and fees before accepting. There is no obligation to accept an offer.
PickMeALoan business address: 60 Paya Lebar Road, #07-54, Paya Lebar Square, Singapore 409051.
Frequently Asked Questions
- Yes. No comparison fees, no application fees, no hidden charges. PickMeALoan earns a referral fee from lenders when a loan is funded. The service is free for borrowers.
- Approval and disbursement timing varies by lender and depends on your eligibility, assessment, and documentation. Confirm the expected timeline directly with the lender before accepting an offer.
- If lenders return matched offers, PickMeALoan shares them with you through WhatsApp. Compare total repayment and choose whether to proceed. If you choose an offer, we help arrange an in-person appointment for the lender's assessment and signing. Approval and payout remain the lender's decisions.
Ready to check for matched offers?
The next step is one application via Singpass. Free to compare, with no obligation.