There are many reasons to take out a personal loan. For one, you can use it for emergency expenses. You can also use it for home renovation or beautification purposes. Aside from that, you can also use it for wedding expenses, moving out, or financing a new car.

A personal or monthly instalment loan can also be used for debt consolidation purposes. It can be used to pay off multiple loans or credit cards and combine all repayments into one monthly payment. This makes it easier to pay off all your debts since you only need to make one payment every month, which means that you can easily remember the due date.

If you need to take out a monthly instalment loan, consult these six best moneylenders in Singapore.

Note: This list is strictly not in order.

1. Orange Credit

Image Credit: Orange Credit

Orange Credit is a licensed moneylender that’s always willing to lend a helping hand. The company was established on 16 May 2012 and is registered with the Registry of Moneylenders. They are one of the most trusted lending agencies in Singapore. Their mission is to provide customers with professional, ethical, and trustworthy loan products to help with financial woes. It is their goal to become the leader in the moneylending industry through excellent customer service and long-term partnerships.

Orange Credit is one of the best moneylenders that offer monthly instalment loans. They guarantee hassle-free loan applications with almost instant approval after assessment. They are committed to providing customers with the best financial solutions and moneylending services. Their loan repayments are guaranteed to be quick, easy, and flexible to ensure customers need not worry about them. They take pride in being one of the most trusted and reliable moneylenders in the city-state.

Customer Reviews


Very good service provided. Staff very nice and helpful. Interest rate is Low and tenure repayment is very flexible. Thanks for Orange Credit helping me to solve my problem! High Recommended.

JW Tan

Grace is very professional and thoughtful. She takes time to help you evaluate and assess your situation so that she can help. Highly recommended and will approach again if need help in future.

Contact: +65 6748 2320
Location: City Plaza, 810 Geylang Road, #01-91, Singapore 409286
Opening Hours: Mon-Fri 11AM-3PM | Sat 11AM-3PM

Image Credit: QV Credit

QV Credit is one of the most reliable licensed moneylenders in Singapore since 2010. It is their commitment to providing the best loan packages to suit different financial needs. They provide an extensive range of money lending services for anyone who needs instant cash through tailored loan packages. They have been approving 80 loan applications daily, 4,200 happy customers within a 10-year span.

QV Credit is one of the best lending companies that offer easy, quick, and flexible monthly instalment loan processing. They also offer customized packages to suit everyone’s unique needs and circumstances. They will customize a loan package for considering your financial situation. Aside from that, they guarantee full transparency and no hidden charges, complete confidentiality, instant approval, and most of all, low-interest rates of as low as 1% per month.

Customer Reviews

Ash Sufyan

The officers attended to me was very polite and helpful… i have no problem doing loan with them…

Nurhashimah Rahim

We are happy with the service. We have been with them for 3 years. The staffs are pleasant, very helpful in advising and helping us.

Contact: +65 6835 7666
Location: Burlington Square, 175A Bencoolen Street #11-08, Singapore 189650
Opening Hours: Mon-Fri 11AM-8PM | Sat 11AM-4PM

3. GM Creditz

Image Credit: GM Creditz

GM Creditz is one of Singapore’s financial lifelines for those who find themselves in a bind. The company was established in 2009, providing an extensive range of loans, from personal loans to foreigner loans. Their tagline “borrowing money made easy” means it is their guarantee to offer emergency funds in a fast, convenient, and cost-effective way. They are passionate about offering clients immediate help to solve financial dilemmas. They were

GM Creditz is one of the best sources of monthly installment loans in Singapore. They offer easy payment terms on personal loans for weddings, holidays, medical emergencies, and more. Their interest rates can be as low as 1% to 4% only. Their unsecured loans do not need collateral/pledging of assets. Plus, you can borrow up to 6 times your monthly salary.

Customer Reviews

Thera Roman

The service is very professional and efficient. Highly recommended! It’s a fast transaction as well! Thumbs up! 👍👍

Kel Kel

GM credit offer great help as always and will come back when I need more help from them 👍🏻

Contact: +65 6588 1886
Location: Peninsula Plaza, 111 North Bridge Rd, #01-41, Singapore 179098
Opening Hours: Mon-Fri 10.30AM-8.30PM | Sat-Sun 10.30AM-5PM

4. Bugis Credit

Image Credit: Bugis Credit

Bugis Credit is one of the most dependable lending companies in Singapore, offering monthly instalment loans for immediate funds. They can let borrowers with a minimum salary of SGD 2,000 loan up to six months’ worth of income. They can tailor loan packages to suit different needs and make repayments easier for their customers. They have professional loan officers to cater to your financial needs and walk you through each step of your personal loan.

Bugis Credit is one of the best moneylenders offering low-interest-rate monthly instalment loans. The first thing you need to do to apply for a loan is to call or apply online to set an appointment. You will then be asked to come to their office to create a customized plan for your personal loan. Once the loan is finalized, you will be explained the payment terms and permitted fees. Then, you will receive your cash after the contract is signed.

Customer Reviews

Bobo Phang

Jen is a friendly and helpful staff that served very well. Thanks for the good service. Highly recommend!

John Kevin

Their service is great. The loan officer explained every single detail to me until I understood all the personal loan terms and conditions. The admin fee and interest rate was reasonable as well. Good licensed moneylender!

Contact: +65 6345 9123
Location: Bugis Cube, 470 North Bridge Rd, #02-12, Singapore 188735
Opening Hours: Mon-Fri 11AM-8PM | Sat-Sun 11AM-5PM

5. Avis Credit

Image Credit: Avis Credit

Avis Credit is a legal moneylender licensed with the Registry of Moneylenders under Singapore’s Ministry of Law. They are a well-trusted and recognized lending company that is committed to understanding every client’s concern to be able to offer tailor-made loan products that best suit their need. Their loan packages include personal loans for family or business use, as well as short-term and business loans.

Avis Credit is one of the leading money lending agencies in the city-state that offers monthly instalment loan packages that suit your paying capacity. They make sure to look at the size of your financial needs to work out a plan that is easy on your budget. Aside from that, they offer short-term salary advances for any emergency expenses, as well as business loans with quick and easy approval.

Customer Reviews

Man Peace

The staffs are friendly and nice, always helped me when I in need of cash. Thank you Avis Credit.

Maricris Benson

Fast approvals and offer affordable monthly repayment plan. Their customer service is great. Thank you so much for your help!

Contact: +65 6883 2017
Location: 185 Toa Payoh Central, #01-344, Singapore 310185
Opening Hours: Mon-Fri 11am-8pm | Sat 11am-7pm | Sun 10am-5pm

6. GoldStar Credit

Image Credit: GoldStar Credit

GoldStar Credit is one of the top moneylenders offering monthly instalment loans in Singapore. They offer unbeatable rates for all kinds of loans with up to 12 months repayment period and interest rates from 2.27%. Aside from that, their loan repayments are designed to be convenient and hassle-free to ensure a seamless experience for all customers. They also ensure that all loan applications will be handled and processed quickly so clients can have instant cash for emergency expenses.

GoldStar Credit offers one of the best monthly instalment loans with the fastest loan approval in the industry. All their loans are designed to suit any financial requirement. They also provide the most affordable and most flexible repayment terms to fit any financial situation. They offer an extensive range of loans, including Grab/Gojek, wedding, renovation, bridging, study, medical, debt consolidation, business, and vacation loans.

Customer Reviews


Vanessa processed my loan swiftly and explained all the terms clearly and professionally. Will recommend GOLDSTAR @ Toa Payoh for your loan needs any day. 5 Thumbs and 5 Stars for their excellent service.

Cassandra Phua

Was here for a reloan. Vanessa was friendly and nice. Thumbs up. Will recommand my friends if they need a loan.

Contact: +65 6384 0088 | +65 6252 0088
Location: The Midtown, 1187 Upper Serangoon Road(Hougang Central), #01-21, Singapore 533971 | Toa Payoh Mall, Blk 183 Toa Payoh Central, #01-254, Singapore 310183
Opening Hours: Mon-Sat 11.30AM-8PM | Sun 10AM-5PM


Personal loans can be useful during emergency situations. This is why it helps to know where to go in case you need cash for emergency expenses.

Don’t forget to refer to this list of six of the best monthly instalment loans in Singapore.