JR Credit Pte Ltd

Best Licensed Money Lender in Singapore

Personal Loan

At JR Credit, we are ready for you.

We are one of the trusted financial firms in Singapore, providing personal loan for individuals and businesses that are going through a rough patch. We have been providing accessible loans to individual for years with low criteria. Our ultimate goal is to exceed your expectations every time you engage our services. Call us today.

How to Apply for Our Personal Loans

If you are looking for a Personal Loan in Singapore, we appreciate the urgency and this is why we go an extra mile to quickly process your application. To qualify for our loan, here are some of the requirements:
  • Should be a Singapore resident over 21 years and in possession of an NRIC card
  • For a foreigner, you should have a valid work permit.
  • Copy of NRIC card
  • Proof of income (pay slips or CPF contribution)
  • Tenancy agreement for foreigners
  • Utility or handphone bill as proof of residence.
Our eligibility criteria are one of the easiest in the country. We offer online loan applications to make the loan process easier for our clients.

Top 3 reasons why you should borrow from a personal loans Singapore company

When you need money fast, a licensed personal loan company is your best option. Licensed personal loan companies understand that banking rules and regulations can be difficult to navigate. They also know that you might not qualify for a bank loan because of the strict criteria banks use to evaluate applicants’ creditworthiness.

Singaporeans can be rejected by banks for a variety of reasons, such as:

  • low credit score
  • history of bad credit
  • jobless
  • low income
  • lacking financial information
  • … etc.

As you can probably tell, getting a bank loan isn’t easy. But you want to buy that fancy new car, or go on that dream vacation and your current financial situation is preventing you from doing so. That’s where a personal loan comes in!

So let’s quickly go through some benefits of getting a personal loan and why you should consider a personal loans Singapore company when you are in need of extra cash!

1) You get money easy and fast

Applying for a personal loan in Singapore is simple—completely unlike banks which require much more documentation. The process is so simple that you could get approved just minutes or hours after you apply.

  1. Bring your ID and address proof (like your passport or driver’s license).
  2. Bring your salary slips from the past three to six months.
  3. Complete the application online—it usually takes a few minutes
  4. Once your application is approved, you can have money deposited into your bank account within 24 hours!

With personal loans, you get money easy and fast. Whether you need $1,000 or $10,000, no matter if you are trying to pay your utility bills or fund a wedding, a good personal loans Singapore company can help you find what’s right for your situation. They can provide lots of fantastic advice and provide options that are tailored to your needs and situation.

2) Personal Loans Do Not Require Collateral

If you’re in need of money but are unwilling to use your home or assets as collateral, then personal loans are perfect for you.

Personal loans are unsecured, meaning that you won’t be required to put up any assets or collateral. Since this means none of your assets will be at risk if you can’t repay the loan, it’s an ideal situation for anyone who doesn’t want to risk losing their home or other valuable possessions.

3) The Loan Repayment Period is Flexible

Personal loans are a good option for those looking to get a loan. They offer flexible terms and are often easier to get than other types of loans. However, they do have one drawback: the loan repayment period tends to be longer than other types of loans, but of course, it depends on the company that you are borrowing from as well.

This means that you might have more time to repay your loan, which is good if you need extra time to pay it back. However, if you have an emergency and need to pay back your loan quickly, then this could be an issue for you. Also, you might need to pay back more in terms of overall interest.

Luckily, many personal loan Singapore companies are flexible with repayment periods. You can sit down with them and negotiate the terms so that both parties can settle on an agreement.

Contact us today for any financial assistance you might need.
We promise to exceed your expectations.