At a Glance
What Borrowers Say About Singa Credit
Singa Credit claims over 30 years of operation, which would make it one of the longest-running moneylenders in Singapore. Borrowers say the approval process is fast — many report getting approved within 15 minutes. A loan officer named Julian comes up often in reviews for being helpful and professional, though staff may have changed since those reviews were written.
The advertised rates starting from 1% per month are at the low end for moneylenders. Whether you actually get 1% depends on your profile — the legal cap is 4%, and most borrowers will land somewhere in that range. Borrowers do say the pricing is transparent with no hidden fees, which is what you want to hear.
Grab drivers are worth mentioning specifically: multiple reviews highlight Singa Credit’s Grab driver loan product as well-suited to gig worker income patterns. Their Bugis location is central but may not be convenient if you are in the west. Weekend hours are limited to 11 AM - 3 PM, and by appointment only after 3 PM, so plan accordingly.
Loan Products
Singa Credit offers one of the wider product ranges among Singapore moneylenders:
Rates and Fees
Singa Credit advertises interest rates starting from 1% per month, which is at the floor of what licensed moneylenders typically charge. All licensed moneylenders in Singapore are regulated under a 4% per month interest rate cap set by the Ministry of Law.
Your actual rate will depend on your income, employment status, and borrowing amount. Singa Credit positions itself on competitive pricing and claims a “no hidden costs” approach, with loan amounts up to 6 times your monthly salary. They have been recognised as a Singapore Outstanding Enterprise, which signals a level of business credibility beyond the minimum licensing requirements.
Who Is Singa Credit Best For?
Location and How to Get There
Singa Credit is located at 470 North Bridge Road, Bugis Cube #02-01, Singapore 188735. The office is on the second floor of Bugis Cube, a small commercial building along North Bridge Road.
From Bugis MRT (EW12/DT14), take Exit B and walk along Victoria Street towards North Bridge Road. Bugis Cube is approximately a 3-minute walk from the station, situated between Bugis Junction and the National Library. Look for the building entrance and head to unit #02-01 on the second floor.
The Bugis area is well-served by buses along North Bridge Road and Victoria Street, making it accessible from most parts of Singapore.
How to Apply
- Visit in person — Head to Bugis Cube #02-01 during operating hours (Mon-Fri 11 AM - 8 PM, Sat-Sun 11 AM - 3 PM)
- Bring required documents — NRIC (or work pass for foreigners), proof of income (payslips or CPF statements), and proof of address
- Complete the application — The team will process your application, with approvals in as fast as 8 minutes
- Review and sign — Read all terms carefully before signing the loan agreement
- Receive your funds — Same-day cash disbursement upon approval
Singa Credit also offers a 7-day service guarantee. If you are visiting on a weekend afternoon, it is advisable to call ahead at +65 6694 6166 or WhatsApp +65 8133 5518 to book an appointment.
How Singa Credit Compares
Don’t assess Singa Credit on its own — compare it with other licensed lenders and banks through PickMeALoan. You submit one application and receive personalised offers from multiple licensed lenders. Our AI matches you round the clock, we push lenders for their best possible rate (rate-match guarantee from 0.82% per month, 9.88% p.a.), deliver the offers to WhatsApp, and set up your appointment — you pick which to proceed with, with no lenders cold-calling you. The final rate, amount, and approval remain subject to the lender’s verification.
Use PickMeALoan to compare rates instantly.
Other Lenders Worth Considering
If you’re exploring options beyond Singa Credit, these reviews may help:
- Crawfort — 4.8 stars at City Hall, 1,700+ reviews, algorithmic rate matching
- EZ Loan — 4.9 stars at Marina Square, 16+ loan types available
- Finance Buddy — PhillipCapital-backed in the CBD, specialised secured lending
Useful Guides
- Compare Personal Loans in Singapore — Side-by-side comparison from banks and licensed lenders
- Borrow Money in Singapore — Complete guide to borrowing options
- Licensed Moneylenders Directory — Full directory of licensed lenders
Tips Before Visiting Singa Credit
- Call or WhatsApp first if visiting on weekends — After 3 PM on Saturday and Sunday, appointments are required. Reach them at +65 8133 5518 to avoid a wasted trip.
- Ask about the One Percent Loan — If you have strong income documentation, enquire specifically about their 1% rate product to see if you qualify.
- Bring Grab earnings statements if applicable — If you are a ride-hailing driver, having your earnings history ready will speed up the assessment process.
- Verify the licence before visiting — Check licence number 125/2025 on the Ministry of Law’s registry.
- Compare before committing — Even with competitive rates, it pays to see offers from multiple lenders. Use PickMeALoan to compare before signing.