i-credit

i-Credit Review
(Product Review)

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Updated 07 Jan 2026

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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 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
1.88%
Grocery Vouchers
Up to 1% Cashback
5.0  
$938.64
3.92%
4.8  
$1,060.58
3.92%
4.4  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.9  
$1,060.58
3.92%
5.0  
$1,060.58
3.92%
4.4  
$1,060.58
3.92%
5.0  
$1,060.58

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