i-credit

i-Credit Review
(Product Review)

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Updated 07 Jan 2026

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Glossary

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Useful Resources

07 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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    i-Credit Product Review

    I-Credit is a licensed moneylender in Aljunied, Singapore, offering reliable and transparent financial solutions for all kinds of needs. Since 2010, over 20,000 borrowers have trusted I-Credit in its commitment to personalized service, fast approvals and straightforward loan processes. With loan options to cater to different financial situations, such as NSF loans, unemployed loans and debt consolidation, I-Credit is committed to helping clients achieve financial stability with confidence. The flexible terms of repayments and competitive interest rates have made borrowing easy, safe and accessible.

    Current Moneylender Interest Rate Trends

    Today’s moneylender interest rate trends in Singapore – As of Saturday, March 14th, 2026, moneylenders in Singapore are charging an average monthly interest rate of 3.84%


    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
    Platinum Credit
    Address
    3.92%
    4.8  
    $1,060.58
    1 Fullerton Credit
    Address
    3.92%
    5.0  
    $1,060.58
    HS Credit
    Address
    3.92%
    5.0  
    $1,060.58
    Jefflee Credit
    Address
    3.92%
    4.4  
    $1,060.58
    SKM Credit
    Address
    3.92%
    4.4  
    $1,060.58
    Best Licensed Moneylender
    Address
    1.88%
    Grocery Vouchers
    Up to 1% Cashback
    5.0  
    $938.64
    Quickloan
    Address
    3.92%
    4.9  
    $1,060.58
    96BM Credit
    Address
    3.92%
    5.0  
    $1,060.58

    All lenders verified against Ministry of Law registry. Last updated: March 14 2026.

    I-Credit Application Requirements

    To apply for a loan with I-Credit, you must meet the following criteria:

    • Be at least 18 years old.
    • Be a Singapore Citizen, Permanent Resident or foreigner with a valid work pass or employment permit.

    Documents Required:

    • NRIC or passport.
    • Proof of residence (e.g., utility bill or tenancy agreement).
    • Proof of employment or income (e.g., payslips or CPF 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.

    I-Credit Highlights

    • Licensed and Trusted Provider

      fully accredited under Singapore’s Ministry of Law.

    • Quick Approvals

      Most loan applications are processed and approved within one hour.

    • Types of Loans Offered

      It offers NSF loans, unemployed loans, bankrupt loans and debt consolidation loans.

    • Transparent Terms

      Competitive interest rates, with no hidden fees or unexplained conditions.

    • Convenient location

      Aljunied and the operating hours are straightforward.

    Frequently Asked Questions

    Is I-Credit licensed under the Ministry of Law, Singapore?

    Yes, I-Credit is a fully licensed moneylender and complies with all legal standards put across by the government of Singapore.

    What kind of loans does I-Credit offer?

    I-Credit offers a wide variety of loans that range from NSF loans, unemployed loans, bankrupt loans and debt consolidation loans, among others.

    What are the requirements needed for a loan application?

    Applicants must provide an NRIC or passport, proof of residence and proof of income in the form of payslips or CPF contributions.

    How quickly can I have my loan approved?

    Most loan applications take about an hour to get processed and approved so you can have your funds right away.

    Where is the location of I-Credit?

    I-Credit has a location at 810 Geylang Road, Singapore 409286. Businesses operate from Monday to Saturday at 11:30 am to 7:30 pm.