Get Quick Cash With Our Instant Loans in Singapore
Let UK Credit’s instant cash loans in Singapore get you out of financial emergencies. Our low-interest and fast-approval online cash loans in Singapore offer quick fund disbursements so you don’t have to wait.
What Are Instant Loans in Singapore?
Instant loans, also known as fast loans and quick loans in Singapore, provide access to swift cash solutions for unexpected financial burdens or emergencies. Instant online loans in Singapore are ideal for individuals who need a loan but may not be able to do so with a traditional bank.
Need to resolve an urgent financial emergency? Let our instant cash loans help!
How Instant Cash Loans in Singapore Can Help
Quick Application and Fast Approval
Online cash loan applications in Singapore allow for quick loan approval, sometimes as quickly as 30 minutes! You may even expedite the process when you apply for our fast cash loans in Singapore using Singpass MyInfo.
Cash Funds in 20 Minutes
Instant cash loans in Singapore are typically unsecured and they require minimal documentation to apply. The simplified process also translates to ultra-fast cash disbursement once the loan is approved. You can even opt for cashless transactions and receive your cash in as quick as 20 minutes!
Low Interest Rates and Fees
UK Credit’s instant cash loans in Singapore boast interest rates of up to 4% per month. As a licensed money lender approved by the Ministry of Law, our fee structure is transparent and regulated by MinLaw’s guidelines.
Flexible Repayment Period
The repayment period for instant cash loans in Singapore usually ranges between 1 and 12 months. Such fast loans in Singapore are useful for those who need urgent funds to tide over unexpected expenses but have the means to repay them over a short period of time.
Generous Loan Sum
Receive a loan sum of up to 6 times your monthly salary when you apply for instant online cash loans in Singapore with us. After submitting your loan application, the loan officer will assess your annual income and customise a loan package suitable for your financial needs and repayment capabilities.
Get Your Instant Cash Loan in 3 Steps
Step 1
Apply through our online form.
Step 2
Get notified of your application result from our loan officer.
Step 3
Visit our office, review and sign the loan contract, and receive the cash funds in 20 minutes.
What You Must Know about Instant Loans in Singapore (FAQ)
What can I use a quick cash loan for?
Quick cash loans in Singapore are short-term loans suitable for those who need extra funds to tide over unexpected expenditures. Cash loans can come in handy when you encounter emergencies such as medical surgeries, hospitalisation, car or home repairs, and sudden educational expenses.
Who is suited for an instant cash loan in Singapore?
Quick cash loans in Singapore are ideal for individuals who need fast cash, and they include:
- Foreigners who need urgent funds
- Individuals with a bad credit history
- Those looking for unsecured loans
- Borrowers looking for same-day loan approval and cash disbursement
If you’re one of the above, we’re more than happy to help with your quick loan application. Our experienced loan officers will tailor instant cash loan solutions to your needs, factoring in your salary and repayment ability so that your finances can be in the pink of health.
What’s unique about UK Credit’s instant cash loans in Singapore?
UK Credit’s instant cash loans are financial solutions to help those who need temporary cash flow support. We offer one of the lowest interest rates, flexible repayment plans, quick approval and cash disbursement within the same day of application.
Importantly, our online cash loans in Singapore are customised to suit your needs, income and repayment capabilities so that you will always enjoy financial peace of mind.
Who is eligible for a fast cash loan in Singapore?
You are eligible to apply for a fast cash loan in Singapore as long as you meet the following criteria:
- At least 18 years old
- Salaried employee or self-employed
- A Singaporean, Singapore Permanent Resident, or foreigner residing in Singapore
Note that your eligibility for a quick loan in Singapore is based on your current financial income. Unlike banks that conduct stringent credit score checks to assess loan applications, we do not scrutinise your financial history when determining loan approval. Instead, we’ll do a quick assessment based on your Loan Information Report at the Moneylenders Credit Bureau.
What documents are needed for a quick cash loan application?
These are the documents you should prepare:
- Proof of identity (e.g. NRIC or passport)
- Income statement (e.g. CPF statements for the last 3 to 12 months or payslips for the last 3 months and latest income tax statement)
- Proof of residence (e.g. Utility bills or rental agreements) for foreign applicants
- Proof of employment (e.g. Employment Pass) for foreign applicants
Can I get a quick loan if I’m self-employed or have no fixed income?
Yes, you may apply for quick cash loans with us even if you are self-employed or have no fixed income. All you need to do is submit your latest income tax statement as proof of income. The statement will allow us to assess your financial capability to fulfil the repayment plan.
How to better secure a fast cash loan approval?
1. Gather essential documents
The relevant documents are essential for us to authenticate your identity and verify your financial strength to service a loan. Documents you need to prepare include proof of identity and income statements. Foreign applicants also need to present their proof of residence and employment passes.
2. Avoid borrowing beyond regulated limits
The Ministry of Law in Singapore has set a maximum limit on the total loan sum a borrower can borrow at any time across all money lenders. By assessing how many existing loans you have, it’s easy to determine if you’ll qualify for another instant online loan in Singapore.
3. Use SingPass MyInfo to expedite loan application
Applying for quick cash loans in Singapore using SingPass MyInfo is a faster and efficient way to facilitate your loan application. The auto-fill function ensures all your verified personal data is populated into the online cash loan application with accuracy, hence shortening the processing time.
4. Maintain a good credit score
UK Credit offers fast cash loans in Singapore to eligible borrowers regardless of their credit score. However, a good credit history will entitle you to faster loan approval, better loan interest rates and more favourable repayment plans.
How much can I borrow for instant online loans in Singapore?
The loan sums are regulated by the Ministry of Law in Singapore and they are closely tagged to your income. The loan sums stated below are limits that you may borrow at any time across all licensed money lenders.
Borrower’s annual income | Regulated Loan Limit – Singaporeans and Permanent Residents | Regulated Loan Limit – Foreigners staying in Singapore |
Below S$10,000 | S$3,000 | S$500 |
S$10,000 to S$19,999 | S$3,000 | S$3,000 |
S$20,000 and above | 6 times monthly income | 6 times monthly income |
What’s the processing time for instant online loans in Singapore?
Your online cash loan application in Singapore may only take 30 minutes to approve. If you are a Singpass holder, you can complete your online loan application using your Singpass MyInfo to expedite the process.
How soon can I receive the funds from my approved online cash loan?
You may receive cash disbursement to your bank account within the same day of loan approval. With the option of cashless transactions, this may even be as fast as 20 minutes.
Where can I apply for quick cash loans in Singapore?
If you are ready to take out a fast loan in Singapore, simply call us at 6448 7448 or submit your loan application via our simple form. Our friendly loan officers will get in touch with you once they receive your application.
