How to get quick loans in singapore

Getting An Instant Quick Loan In Singapore

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Instant quick loans offer swift financial assistance for urgent situations like medical expenses or vehicle repairs. With a streamlined process, you can access the required funds promptly, bypassing the lengthy wait periods and complex paperwork typically linked with traditional bank approvals.

These loans prove invaluable when faced with cash flow challenges, enabling you to address immediate financial requirements efficiently.

Who Is Qualified For A Quick Loan?

Meeting the following criteria significantly increases your chances of qualifying for a quick loan and receiving pre-approved offers from various banks:

Eligibility criteria:

  • Age requirement: You must fall within the age range of 21 to 61 years.

  • Minimum monthly income: You should earn a minimum monthly income of $1,600.

  • Employment status: You must be a salaried individual holding Singaporean citizenship, Permanent Residency (PR), or an Employment Pass (EP).

Fulfilling these prerequisites enhances your eligibility for applying for a quick loan and increases the likelihood of receiving pre-approved loan offers from multiple banks.

Documents Required For Quick Loan

Obtaining a quick loan typically requires the submission of at least three essential documents for a thorough financial evaluation:

  1. Latest Notice of Assessment (NOA): The NOA provides crucial insights into an individual’s total income over the past year, offering lenders an overview of the applicant’s repayment capacity. In some instances, additional documents such as the past three months’ salary slips and 15 months of CPF contributions may also be necessary to supplement the NOA.

  2. Credit Bureau Report (CBS): A credit report from the Credit Bureau Singapore (CBS) facilitates expedited and objective lending decisions by furnishing credit providers with comprehensive financial data. By analyzing this report, lenders can assess an applicant’s creditworthiness more efficiently, thereby expediting the loan approval process. The cost of obtaining a credit report is $8.00, inclusive of prevailing GST.

  3. Credit Report from the Moneylenders Credit Bureau (MLCB): The MLCB serves as a repository for all loan applications and repayment records pertaining to licensed moneylenders in Singapore. Accessible exclusively to borrowers, licensed moneylenders, and regulatory authorities, the MLCB aids in assessing an applicant’s creditworthiness. Acquiring a copy of one’s credit report from the MLCB incurs a fee of $0.50, inclusive of GST.

How To Apply For A Quick Loan?

Applying for a quick loan through FundRego’s online platform is a straightforward process, provided you meet the specified criteria outlined above. Once you ensure that you meet the necessary requirements, you can initiate your quick loan application directly on FundRego. 

Should you encounter any inquiries or uncertainties during the application process, feel free to reach out to our Customer Relationship Team via phone or WhatsApp, and they will assist you in navigating the subsequent steps to complete your loan application.

What Happens When the Quick Loan Application Is Submitted?

  1. Shortly after submitting your quick loan application online, we’ll reach out to you via WhatsApp or phone call to confirm details and collect necessary documents.

  2. Following that, we’ll present you with loan options from our partners. You can proceed with one of the offers immediately or wait until we’ve completed the search for loan offers before comparing your options.

  3. Once you’ve chosen a loan offer, we’ll arrange a meeting at the lending location to disburse your funds.

FundRego’s Customer Relationship Team will guide you through the entire process, ensuring a fast and seamless experience to obtain your quick loan.

Where To Find Quick Loans In Singapore?

Securing a quick loan in Singapore through an online matchmaker like FundRego is both fast and straightforward, with loan amounts ranging from $1,000 to $100,000. We exclusively collaborate with reputable banks and financial institutions, ensuring swift access to loan offers. It’s not uncommon for borrowers to receive loan disbursements within 24 hours.

Attaining a quick instant loan is achievable because we meticulously gather all necessary information required by banks and financial institutions beforehand. This streamlined approach accelerates the application process, allowing banks to promptly respond with pre-approved loan offers.

How To Increase Your Chances Of Getting A Quick Loan?

Here are some key steps to increase your likelihood of loan approval:

  • Maintain a favorable credit score: Enhance your chances of loan approval by maintaining a high credit score. Timely debt payments, prudent management of credit card balances, and periodic review of your credit report to rectify any inaccuracies can help bolster your creditworthiness.

  • Organize your documents: Expedite the loan application process by ensuring you have essential documents readily available, including identification, proof of income, and recent bank statements.

  • Select an appropriate loan amount: Opt for a loan amount that aligns with your financial requirements and repayment capability. Choosing a loan amount that you can comfortably repay within the designated timeframe increases the probability of approval and ensures a manageable repayment process.


Applying for quick loans online through FundRego offers the convenience of receiving personalized offers swiftly. We collaborate solely with reputable banks and financial institutions in Singapore.

The process of obtaining instant quick loans online is straightforward. Simply complete a brief online application, and upon submission, you can swiftly compare the various offers at a glance. From there, you can select the option that best suits your needs.

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