Cashmax Review

Cashmax 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

    Apply Now

    CashMax Product Review

    CashMax Credit Pte Ltd is licensed by the Registry of Moneylenders in Singapore and offers an extensive range of loan products, customized to different needs. They were founded in 2010 and have vast experience in providing services related to personal loans, payday loans, urgent cash loans, short-term loans, debt consolidation loans, medical loans, wedding loans, renovation loans, Grab/PHV driver loans and foreigner loans. CashMax boasts transparency and competitiveness in interest rates, with a maximum of 4% per month and has simplified the application process to ensure quick access to funds, often within 60 minutes.

    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
    Creditmaster
    Address
    3.92%
    5.0  
    $1,060.58
    Quick Credit
    Address
    3.92%
    5.0  
    $1,060.58
    OT Credit
    Address
    3.92%
    4.9  
    $1,060.58
    Soon Seng Credit
    Address
    3.92%
    5.0  
    $1,060.58
    Accredit
    Address
    3.92%
    5.0  
    $1,060.58
    HS Credit
    Address
    3.92%
    5.0  
    $1,060.58
    1 2 Lend
    Address
    3.92%
    5.0  
    $1,060.58
    I Credit
    Address
    3.92%
    5.0  
    $1,060.58

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

    CashMax Application Requirements

    To apply for a loan at CashMax Credit Pte Ltd, applicants must meet the following requirements:

    Eligibility Criteria:

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

    Documents Required:

    • NRIC or Passport.
    • Proof of residence (e.g., utility bill, tenancy agreement).
    • Proof of income (e.g., latest payslip, CPF contributions or Notice of Assessment).

    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.

    CashMax Highlights

    • Fast Approval

      Applications are processed and approved in less than 60 minutes.

    • Rates Are Affordable

      Interest rates are from 1% and cap at 4% monthly.

    • Flexible Loan Options

      Provides personal, payday, renovation and foreigners loans among many more.

    • Customizable Repayment Plans

      Terms customized to suit each individual’s needs.

    • Transparent Process

      Crystal-clear loan terms to the borrowers.

    Frequently Asked Questions

    What types of loan does CashMax Credit Pte Ltd provide?

    CashMax provides personal loans, payday loans, urgent cash loans, renovation loans, medical loans and so on.

    What is the interest rate for loans at CashMax?

    The interest rate is between 1% to 4% per month, according to the regulatory cap.

    How soon will I get my loan?

    Most loan applications are processed within 60 minutes and disbursement is carried out on the same day

    What are the essential documents to be attached with the loan application?

    Applicants have to attach their NRIC or Passport, Proof of residence and proof of income such as payslips or CPF statements.

    Is CashMax Credit Pte Ltd a licensed money lender?

    Yes, Cash Max is fully licensed and regulated by the Ministry of Law of Singapore.