Credit 21 Pte. Ltd. is a licensed moneylender
(Licence No. 38/2019) listed in the Registry of Moneylenders
(S/No. 38), under the Ministry of Law in Singapore.
In order to qualify for a cash loan in Singapore, all the following criteria must be fulfilled:
(a) We offer monthly repayment plans
(b) Based on government ruling, the interest rate is from 1% per month, and capped at 4% per month
(c) Our opening hours are: Mon – Sat: 11am to 8pm, Sun: 10am to 7pm. Closed on Public Holidays
(d) You can obtain the cash or cheque ON THE SPOT upon loan agreement signed between you and Credit 21 Pte Ltd
(a) Up to $3,000, if your annual income is less than $20,000;
(b) Up to 2 months’ income, if your annual income is $20,000 or more but less than $30,000;
(c) Up to 4 months’ income, if your annual income is $30,000 or more but less than $120,000;
(d) Any amount, if your annual income is $120,000 or more
(a) Original IC
(b) CPF statement / NOA
(c) Billing proof
(a) Original work permit
(b) Employment contract / latest 3 months payslip
(c) Billing proof
List of Licensed Moneylenders in Singapore | Ministry of Law
Click here to view the complete list of licensed moneylenders in Singapore, including Credit 21 Pte Ltd.
Guide to Borrowing from Licensed Moneylenders
Answers to questions such as what should you consider before taking up a loan, and how much can you borrow.
What Borrowers Should Know About Effective Interest Rates
The Effective Interest Rate (or “EIR”) of a loan reflects the true cost of taking that loan, by taking into account the frequency of repayments.
Credit Association of Singapore
The Association has set the following as its objectives, (1) To represent, develop and promote the interest of members, (2) To project moneylending as an important and integral part of the business of financing of individuals and businesses, (3) To maintain close ties and cordial relationships with governmental and relevant authorities through consultation and cooperation, (4) To keep members informed of developments in the industry, (5) To advocate ethical practice in the moneylending industry.