less than $20,000 annually no more than $3000, at least $20,000- $30000 they can borrow 2 months worth. $30000 annually can be borrowed for up to 4 months. But with collateral, they can borrow any amounts

You can apply for your loans online or by talking to our sales team which will guide you every step of the way.

You can compare our rates with other money lenders which will help give you a more in-depth understanding of the loans. You can seek our advisors on how to get loans or what you need to do.

The maximum interest rate a moneylender can charge is 4% per month. This is regardless of the borrower’s income and whether the loan is secured or unsecured. The maximum rate of late interest a moneylender can charge is 4% per month for each month the loan is repaid late.

We have the most optimal rates and a customer-centric background that will cater to all your needs and wants.

Having a bad credit rating could make you miss opportunities you don’t want to miss. But with Wah Leong finance we can help guide and aid you through the difficult choices you have to face, there are many other repayment options you can consider that might be able to help benefit you more.

The total duration can be as short as 30 minutes. Most cases will allow you to borrow and collect your money on the same day, which might be necessary for some of our customers when they have their money tight.

It is possible to borrow from other lenders as well but allow to make your application subject to evaluation to guarantee that you don’t overborrow and have a financial burden

Yes.

You can check the list of registered Moneylenders through here.

A personal loan is a type of installment loan, which allows you to borrow a fixed amount of money and pay it back with interest in monthly payments.The amount borrowed depends on your credit rating and annual income the lender you are adhering to. It’s ideal for medical emergencies, home renovation projects, vacation plans, and other big-ticket expenses.

Yes but there are limitations to the amount they are allowed to borrow.

The case is different for foreigners in Singapore. Those earning less than $10,000 each year can only borrow $1,500, While those earning $10,000 – $20,000 annually can borrow up to $30,000. And those with annual income higher than $20,000 can borrow six times their monthly income. Here is a detailed breakdown of the set loan cap:

Banks will require more documents and your credit rating before issuing the loans. But for money lenders they are more flexible to certain types of loan amounts and shortened durations when borrowing the money. 

When they ask you for your singpass id and password, giving you loans through sms or email, asking you to pay upfront for an initial sum instead of loaning you the money, granting you a loan without background checks, fails to give back NRIC, makes you sign an incomplete form or document.