From 14% p.a.

Interest Rate

*

*The interest rates shown are estimates and not final. Your actual rate will be reviewed after a loan is approved by Credible.

^S$11,400

Total Amount Payable

*

Total Amount Payable shown is an estimate and not final. Your final total amount payable will be given to you by Credible upon approval.

^S$0

Processing Fee

All Details

• Key Features

  • Loan Centralization Platform that provides an alternative to customers who may not have a good credit score or meet the minimum income requirement for a bank loan.

  • Lenders on the platform are regularly screened to ensure that only the best lenders that meet the strict standards for fair practices are available

  • Credible takes a holistic approach of your full financial history - and not just your credit score only

  • Digital Application progress takes less than 5 mins, and Lending Partners are located all over Singapore.

  • Enjoy clear, easy-to-understand terms for a fair and transparent loan

  • No hidden fees or surprises

  • Get up to 6x Monthly Income with flexible loan repayment options

  • Same day approval and disbursement

  • *The interest rates shown are estimates and not final. Your actual rate will be reviewed and approved by Credible, so it may vary based on your eligibility and other factors.

• Repayment Summary

  Total Interest Payable	S$1,400
  Monthly Payment	S$950
  Total Amount Payable	S$11,400
  Processing Fee	S$0
  Effective Interest Rate	16%
  Annual Interest Rate	14%
  Approval Duration	Instant
  Citizenship	Singaporean/Pr
  Principal Loan Amount	S$10,000
  Loan Tenure	1 Year
  Minimum Annual Income	S$24,000
  Maximum Loan Tenure	2 Years

Eligibility

Citizenship Status	Singaporeans and PR
Age Requirement	21 and above
Employment Status	Employed
Minimum Annual Income	S$20,000

Fees & Charges

Annual Fee	S$0
Processing Fee	Starting from 5%
Restructuring Fee	S$0
Late Payment Fee	Starting from 2%
Cancellation Fee	S$0
Partial Repayment Penalty	S$0
Full Repayment Penalty	S$0

Loan Features

Instant Approval
No Early Repayment Fee	Yes
Minimum Loan Amount	S$1,000
Maximum Loan Amount	Up to 6x Monthly Income
Maximum Loan Tenure	3 years
Approval Duration	Same day approval
Interest Rate	(a) Interest Rate: Starting from 14% p.a. (b) Effective Interest Rate: Starting from 16% p.a.