Licensed Money Lender and Legal Loan Company in Bugis, Singapore

Hello! Welcome to 1 – Money – Your Reliable Private Money Lender in Singapore!

Our loan company is always ready to help with your private, legal loan needs. Our money lender loans are competitive, super quick, highly accessible, 100% customisable and transparent — no hidden fees and charges!

We’re a Licensed Money Lender You Can Rely On, Always

Founded in 2009, 1 – Money is a licensed money lender you can count on to provide swift legal loans regardless of your nationality and income level. As an authorised, legal money lender in Singapore, we are stringently regulated by the Ministry of Law’s Registry of Moneylenders.

Borrowing from private money lenders like 1 – Money is a safe alternative if you find yourself in need of a quick legal loan in Singapore. For one, we do not discriminate against borrowers with lower credit scores or lower salaries. Our interest rates, fees and charges are absolutely transparent and regulated, too!

Why Trust 1 - Money as
Your Legal Money Lender in Singapore?

99% loan approval

Enjoy speedy legal loan approval so long as your Loan Information Report is unmarred

Competitive interest rate

3.92% monthly

Transparent fees and charges

$60 late repayment fee, 10% loan admin fee

Up to 24 months loan instalment plan

We are happy to discuss; most licensed money lenders in Singapore only offer up to 12 months tenure

Flexible monthly and weekly repayment plans

Pick a repayment plan that suits your financial needs

Friendly yet professional service

Our customers value our friendly, patient, honest, problem-solving services

All nationalities can apply

Our private loans are open to Singaporeans, PRs, and foreigners

Established legal loan company in Singapore

16 years of licensed moneylending experience and counting since 2009

We offer the human touch

Empathy is in our DNA; we go the extra mile to ensure all customers feel thoroughly understood and supported at every point of their loan journey

Get Up to 6X Your Monthly Salary with a Licensed Money Lender

No matter how much you earn, borrow up to a maximum of 6X your monthly salary with us.

Here’s a quick look at the money lender loan amount you may borrow from 1 – Money:

Your annual income	Singaporeans / Singapore PRs	Foreigners
Under $10,000	$3,000	$500
$10,000 to $19,999	$3,000	$3,000
$20,000 and above	6X monthly salary	6X monthly salary

Easy Money Lender Loan Eligibility

Simple Documents Required

Quick & Easy Legal Loan Application Process

Submit your money lender loan application online
Visit our office for in-person interview with all supporting documents
Review and sign the legal loan contract
Get your private loan in cash or via PayNow instantly

Need an urgent legal loan?

Apply with 1 – Money right away. We’ll get you the loan you need.

Perks of Borrowing From Private Licensed Money Lenders

#1 Simple, quick loan process

A top-rated authorised money lender in Singapore like 1 – Money understands your need for speedy funds. And that’s precisely why we’ve made the loan process easy and hassle-free.

As a modern online money lender in Singapore, we highly recommend you submit your loan application on our website to kickstart your loan process. The cherry on top? You can submit your online loan application anytime, anywhere — 1 – Money is your go-to 24 hours money lender in Singapore with functional online loan application forms. Thereafter, you’ll need to visit our office with all supporting and identity documents before you can get the cash.

#2 Same-day loan approval and disbursement available

1 – Money strives to respond to customers’ queries and online loan applications as quickly as possible, typically within a few minutes during business hours. To that, you can even enjoy same-day loan approval and cash disbursement once you’ve reviewed and signed on the loan contract in-person.

For urgent cash needs, feel free to visit 1 – Money’s office during business hours with all your supporting documents. We’ll make sure to get your legal loan needs sorted in no time.

#3 No minimum income requirement

One of the best parts of borrowing from money lenders is that there’s literally no minimum income requirement in place. How much you can borrow depends on how much you earn, period.

#4 Open to borrowers with low credit scores

Yes, you read that right. Borrowers with low credit scores can obtain a loan from private money lenders like 1 – Money so long as a quick review of your Loan Information Report all checks out with nothing jarring to note.

#5 No risk of losing assets

1 – Money only offers unsecured loans. This means you can get a loan without having to pledge any asset or collateral; there’s zero risk of losing any of your prized assets!

#6 Fee and interest rate limits

As a reputable loan company in Singapore, we take pride in operating in strict compliance with the law. And that is why our interest rate, penalty late interest rate, loan admin fee and late payment penalty fee are always capped, and under legal ceilings.

#7 No hidden fees and charges

1 – Money is a legal money lender that only does legitimate moneylending businesses — no shady, questionable fees and interest rates involved. Our fees and charges are all unambiguous, and clearly explained.

#8 Fully customised loan solution

We’re a legal money lender that genuinely wants to help, regardless of your financial situation. Help us to understand your needs better by speaking to our friendly loan officers. We will craft a fully customised loan solution just for you.

#9 Thorough explanation of loan contract T&Cs

We’ll never want you to commit to a loan without first understanding what you are signing up for. Count on us to give you the full dibs on your loan contract terms and conditions, no matter if you’re a new or returning customer of ours. We are a trusted money lender in Singapore after all.

#10 Protection by the law

Did you know you are protected by the law when you deal with a licensed money lender in Singapore?

You have the right to lodge complaints against money lenders if they’ve flouted the rules (e.g. overcharging you in terms of interest rates and other fees, using abusive behaviour or language, intimidating you, granting you a loan without first doing any due diligence on their part, coercing you to sign off on the loan contract without thoroughly explaining all loan terms, harassing you for payment, etc).

The Registry of Moneylenders will investigate carefully. All offending money lenders will be dealt with accordingly.

Keen to learn more about 1 - Money’s money lender loan? Reach out anytime. We’re happy to share more.

Why We Are the Trusted Go-To Money Lender in Singapore for Legal Loans

Frequently Asked Questions: Licensed Money Lenders &
1 - Money’s Loans

How can borrowers improve their chances of being approved for legal loans by a licensed money lender in Singapore?

It’s easy to get loan approvals at our loan company — borrowers simply have to maintain a good credit score, show proof of stable income and provide accurate and complete information.

Do all licensed money lenders offer secured loans?

No, some legal money lenders do and some don’t. Case in point, we only provide unsecured loans at our loan company.

Do trusted, legal money lenders in Singapore provide loans to discharged bankrupts?

While the same cannot be said for all licensed money lenders, 1 – Money does provide loans to discharged bankrupts so long as they are employed and are eligible to borrow, in accordance with their Loan Information Report at the Moneylenders Credit Bureau.

Can the unemployed obtain loans from a reliable private money lender in Singapore?

Some private money lenders offer loans to the unemployed who can prove they have consistent sources of alternative income (e.g. annuity payouts, alimony, investment dividends, etc), while some private money lenders don’t.

To borrow from 1 – Money, borrowers must be gainfully employed. Borrowers can be employed full-time or part-time, though. Gig workers, freelancers and self-employed can all qualify for loans from us.

How are 1 - Money’s services different from other licensed money lenders?

Our loan company in Singapore stands out from the crowd because we prioritise flexibility, transparency and top-notch customer care. Plus, our loan packages are carefully tailored to each customer’s individual needs.

How does 1 - Money personalise legal loan packages for customers?

We start by listening to and understanding your financial woes and requirements for the loan. From there, our experienced loan officers will assess your repayment capacity and personalise a loan package tailored to your needs. All money lender loan solutions are unique, like you — we don’t believe in cookie cutter solutions.

Is there an overall limit on the total charges a legal money lender can charge a borrower?

Yes, the total charges including interest, late interest, loan admin fee and late fees cannot be more than the amount that’s equal to the loan principal. This rule applies to all licensed money lenders in Singapore, not just 1 – Money.

What’s the late interest rate at 1 - Money?

We’re a legal money lender in Singapore that strictly follows the rules and regulations set by the Registry of Moneylenders. Our late interest rate —and regular interest rate— stands at 3.92% per month, below the 4% per month ceiling legally allowed for all legal money lenders.

What are the fees at 1 - Money?

We charge a $60 late repayment fee per month when repayment’s late and a 10% loan processing fee at the point at which the loan is granted. If there’s a need to recover the loan legally and the money lender is successful at making the claim, the borrower will be liable for the legal costs as ordered by the court.

What’s the average loan amount that 1 - Money’s customers borrow?

It depends. We offer legal loans ranging from $300 to $100,000.

Is 1 - Money a 24 hour money lender in Singapore?

As an online money lender in Singapore, we accept loan applications 24/7 on our website. However, do note you’ll be required to visit our office for identity and document verification purposes, plus loan contract signing before you can get your cash.

Does 1 - Money provide cash or paynow loan disbursement?

As a trusted and quick legal money lender, we’re happy to provide both cash and paynow loan disbursements. Simply let us know your preference!

What are the modes of repayment available at 1 - Money?

1 – Money is a licensed money lender in Singapore that prioritises your convenience. It’s precisely the reason why we offer a number of repayment methods, including GIRO payments, bank transfers, and cash payments at our office.

What happens if a customer is unable to repay their licensed money lender?

Being an understanding, professional money lender in Singapore, we encourage our customers to reach out and inform us as soon as they can so we can work something out with them.

We are happy to take the time to listen and understand their situation. From there, we’ll negotiate and craft a new restructured repayment plan that they are confident of repaying on schedule.

Do customers enjoy utmost privacy with 1 - Money?

Yes, while our Bugis money lender office is nestled in the heart of Singapore, our customers enjoy private rooms that afford unparalleled privacy and comfort during their visit to our office.

Does 1 - Money offer extra benefits for returning customers?

Yes! The loan approval process will be significantly faster, and the chances of approval for a higher loan amount will be greatly improved, too.

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