Payday Loan

Do you need money to pay your bills and falling short of cash? Are you looking for a short term loan or need cash till your next payment, we can help you out. Payday loan can pull you out from any unforeseen or emergency situations which can lead to financial shortage. Payday loan is a small, short-term unsecured loan where an individual borrows a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid at the borrower’s next payday. It should be used as your last option when all your financial resources fall flat. Payday loan can be used as a medium to fund some unexpected purchases, arising a few days before the end of the month.

Our Payday Loan

Mylendersg has been one of the leading payday loan provider in Singapore. We offer some of the highest funding amounts to our customers without performing any credit check. If you are meeting our requirements, you are eligible to apply for the loan. Despite of having a bad credit or no credit, you can be approved for a cash advance with us.

With loan tenure ranging from minimum 2 months (61days onwards) to maximum of 18 months, you can decide your repayment schedule accordingly. We also give flexibility in The Annual Percentage Rate (APR) of our Payday Loan with a minimum 12% to maximum of 36% per annum on reducing interest rate for 1 years tenure.

Our Process

When we say fast, we mean it. Our loan application process has been designed with speed in mind. You will get the status of your loan application within minutes of submitting your application. Least paperwork (for verifying information which cannot be verified) is our policy to make the whole process smooth and easy. You will receive your money within the same day once you will sign the documents. The entire process is made simpler and fast for our customer’s convenience.

Apply For A Payday Loan

Please complete the form below using true information.

Eligibility

For more information about our services and how we can assist, you can contact us by email at sale@mylendersg.com.

  • Singaporean, Permanent Residents
  • Min. 21 years old and above
  • NRIC
  • Currently Employed
  • Latest 3 months payslip
  • Latest 6 months or more CPF Contribution Statement
  • Income Tax Statement
  • Original PUB or Mobile bill reflecting your residential address
  • Not an undischarged bankrupt, nor facing any bankruptcy proceeding

General Information On Payday Loan

Information You Should Know On Borrowing
  • Minimum Period For Repayment From 2 Months (61 Days Onward)
  • Maximum Period For Repayment Up to 12 months
  • Minimum Annual Percentage Rate (APR) 12% per annum
  • Maximum Annual Percentage Rate (APR) Up to 36% per annum on reducing interest rate
  • Above stated exclude administrative fee.
  • Cost of borrowing stated is an estimation and may vary due to loan amount, period of loan and other fees such as late fee and late interest rate may be charged in the event of violation on terms & conditions.
Sample Representation On Total Cost Of The Loan :
  • Total Amount Borrowed S$1,000
  • Period of Repayment* 12 months
  • Interest Rate* 1% Per Month (Interest S$10 = S$1000 Principal * 1% Monthly Interest)
  • Annual Percentage Rate of Charge (APR)* 12% APR
  • Total Interest for 1 Year (12 months)* S$120 (S$10 * 12 months)
  • Total Cost Payable Per Annual (12 months)* S$1120 (S$1000 Principal + S$120 Interest)
  • Your actual credit amount and interest rate will be based on your individual credit profile and affordability.
  • Tables above are for illustration purposes only. You should seek advice from your adviser or consultants before making any financial decisions.