Quickloan Review

Quickloan Moneylender
(Product Review)

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Updated 05 Jan 2026

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Glossary

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Useful Resources

05 Jan 2026
|

Fact-checked

Disclosure

Glossary

Useful Resources

3.92%

Monthly Interest Rate

Cashback Rewards

Price Beat Guarantee

Varies Monthly repayment shown uses an indicative rate of 3.92% per month. Depending on your lender, actual rates may range from 0.25-4% per month.

Processing Fee

Up to 6x

Monthly Income

$288.67 Monthly repayment shown uses an indicative rate of 3.92% per month. Depending on your lender, actual rates may range from 0.25-4% per month.

Monthly Repayment

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Product Review

Quick Loan Pte Ltd, formerly Quick Loan 101, has been a trusted licensed moneylender in Singapore since 2010. With over 20,000 satisfied clients and a 4.9 Google rating, they specialize in quick, flexible and affordable loans tailored to borrowers’ needs.

Known for their swift approval process and customer-first approach, QuickLoan ensures that borrowers promptly receive the necessary funds. Conveniently located in Singapore’s CBD, provides lending accessible alternatives to traditional bank loans. They prioritize transparency, customer privacy and financial well-being, offering personalized, hassle-free loan solutions. The company empowers individuals through clear communication and a commitment to meeting diverse financial needs.

Current Moneylender Interest Rate Trends

Today’s moneylender interest rate trends in Singapore – As of Tuesday, July 28th, 2026, moneylenders in Singapore are charging an average monthly interest rate of 3.68%


Compare Loan Offers
from 20+ Lenders
Up to 1% Cashback*
$20 Grocery Voucher*
Quick 5 Minutes Approval

$1,000

$200,000

3 Months

72 Months

Total Cashback

10

Your monthly payment

337

Rate Disclaimer*

*Based on a $20,000 loan at 6.95% APR over 5 years, read more

List of Nearby Licensed Moneylenders

Here are licensed moneylenders located nearby. All lenders listed are verified with the Ministry of Law and regulated under the Moneylenders Act.

Loan amount must be between 500 and 100,000.
Tenure must be between 1 and 60 months.
More Filters
3.92%
4.6  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.8  
$1,060.58
3.92%
4.9  
$1,060.58
3.92%
4.1  
$1,060.58
3.92%
4.0  
$1,060.58
3.92%
4.9  
$1,060.58
3.92%
4.4  
$1,060.58

All lenders verified against Ministry of Law registry. Last updated: July 28 2026.

Quickloan Moneylender Application Requirements

To apply for a loan through QuickLoan, you need to:

  • Be at least 21 years old
  • Have a valid NRIC, Passport or Foreign Identification Card (FIN)
  • Provide proof of income (e.g., payslips, CPF statements or bank statements)

PROMOTIONS

APPLICATION PROCESS

  • Apply & Submit

    Start your loan application journey with our quick online application multistep form — it takes just 30 seconds to complete. Our advanced technology and expert loan specialists work together to match you with suitable options on our platform

  • Document Upload

    Provide the necessary documents: your last 3 pay slips, a credit report from CBS or MLCB, and your IC/FIN details. Upload these files through your dashboard or email them to [email protected]

  • Application Review

    Our dedicated customer success team will carefully examine your application, contacting you if any additional information is required. Once we’ve verified your details, we’ll begin the process of matching you with appropriate lenders and loan options.

  • Compare Offers

    Compare loan offers in real-time through your application dashboard. Our customer success team is available to discuss loan details.

  • Lender Appointment

    After you’ve selected a loan option, we’ll assist in arranging an appointment with the chosen moneylender. Note that for moneylender options, assessment and disbursement must be completed in person at their branch.

  • Funds Disbursement

    Once you’ve agreed on the loan terms and signed the contract, you’ll receive a copy of the agreement. This document will outline your monthly payment schedule. Your funds will then be disbursed either in cash or via bank transfer.

Quickloan Moneylender Highlights

  • Fast Approval

    Efficient loan processing and quick approval for urgent financial needs.

  • Flexible Loan Options

    A wide range of loan products to meet various financial requirements.

  • Competitive Interest Rates

    Affordable and transparent interest rates.

  • User-Friendly Application

    Simple online application with minimal paperwork.

  • Secure Transactions

    Ensures privacy and security of your personal information.

  • Customer-Centric Service

    Personalized service with flexible repayment plans.

  • Convenient Access

    Apply for loans online from the comfort of your home.

  • Transparent Terms

    Clear and straightforward loan terms with no hidden fees.

Frequently Asked Questions

How does QuickLoan operate?

QuickLoan utilizes a streamlined loan application process available on their website, prioritizing fast approvals and high customer satisfaction.

What types of loans does QuickLoan offer?

Borrowers can apply for personal loans, business loans and payday loans through QuickLoan.

How long does it take to get a loan approved?

Loan approvals at QuickLoan can be completed within a few hours to one business day.

Is QuickLoan a licensed moneylender?

Yes, QuickLoan is a licensed moneylender regulated by the Ministry of Law in Singapore.

What documents are needed to apply for a loan?

Applicants must provide a valid ID (NRIC, Passport or Foreign ID) and proof of income (payslips, CPF statements or bank statements).

What income do foreigners need to qualify for a personal loan in Singapore?

Foreigners typically need an annual income of at least S$40,000 to S$60,000 to qualify for a personal loan from a bank in Singapore. However, QuickLoan allows foreigners with an annual income of less than S$10,000 to borrow up to S$3,000.

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