Advance Cash Credit Review

Advance Cash 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

3.00%

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

Product Review

Advance Cash Credit is a licensed moneylender in Singapore officially registered with the Registry of Moneylenders under license number 80/2024. Established in 2010, the company has supported more than 31,257 borrowers by providing a variety of financial solutions designed to meet different 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
Address
1.99%
Grocery Vouchers
Up to 1% Cashback
5.0  
$945.02
3.92%
5.0  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.9  
$1,060.58
3.92%
4.4  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.5  
$1,060.58
3.92%
5.0  
$1,060.58

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

With a solid reputation for transparency and reliability, Advance Cash Credit offers competitive interest rates starting from 1% per month, ensuring repayment remains affordable. The company processes loan applications quickly, often approving them within one hour on working days so borrowers can receive funds without delay. Whether for personal emergencies, business growth or short-term financial requirements, its flexible loan options are suitable for various income levels and situations.

Advance Cash Credit Application Requirements

To apply for a loan with Advance Cash Credit, applicants must meet the following criteria
Eligibility Criteria:

  • Must be at least 18 years old.​
  • Must be a Singapore Citizen, Permanent Resident or foreigner holding a valid work pass (e.g., Work Permit, S Pass, Employment Pass, Long Term Pass).​​
  • Must not be an undischarged bankrupt or facing any bankruptcy proceedings.

Documents Required:
For Singapore Citizens and Permanent Residents:

  • NRIC.​
  • Proof of employment (e.g., CPF statements, payslips, employment contract).​
  • Proof of residential address (e.g., utility bill, tenancy agreement).

For Foreigners:

  • Valid work pass.​
  • Passport.​
  • Proof of employment (e.g., employment contract, payslips, bank statements).​
  • Proof of residential address (e.g., tenancy agreement, utility bill).

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.

Advance Cash Credit Highlights

  • Fast Loan Approval

    Receive approval within an hour during working days, with loan amounts up to six times your monthly income.​

  • Flexible Loan Options

    Offers personal loans, foreigner loans and business loans to cater to various financial needs.​​

  • Competitive Interest Rates

    Enjoy low interest rates starting from 1% per month, with no hidden charges or fees.​

  • Licensed Moneylender

    Fully licensed and regulated by the Registry of Moneylenders in Singapore.​​

  • Transparent Services

    Provides clear information on loan costs, ensuring borrowers know exactly how much they need to repay and when.

Frequently Asked Questions

Is Advance Cash Credit a licensed moneylender?

Yes, Advance Cash Credit is officially licensed by the Registry of Moneylenders in Singapore under license number 80/2024.

How soon can I get my loan approved?

Loan approvals are typically processed within one hour during working days, allowing for quick access to funds.

What types of loans does Advance Cash Credit offer?

They offer personal loans, foreigner loans and business loans to accommodate various financial requirements.​

What documents are required to apply for a loan?

Applicants need to provide proof of identity, employment and residential address. Specific documents vary based on citizenship status.

Are there any hidden charges or fees?

No, Advance Cash Credit maintains a transparent fee structure with no hidden charges, ensuring borrowers are fully informed of all costs upfront.

External Reviews

Loanadvisor.sg