Magnus Credit Review
(Product Review)

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

Loan Amount (S$)

Tenure (Months)

$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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Magnus Credit Product Review

Magnus Credit Pte Ltd is a licensed moneylender in Singapore that offers hassle-free and efficient loan solutions for both personal and business needs. Interest rates start from as low as 1% per month for Magnus Credit’s affordable and flexible financial aid. The services offered include personal loans, payday loans, foreigner loans and business loans. Magnus Credit provides customers with a quick approval process and personalized service, which makes it a trusted choice for borrowers in Singapore.

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

How much do you want to borrow?

$1,000

$200,000

Over what period would you like to pay?

3 Months

72 Months

Total Cashback

10

Your monthly payment

337

Compare Latest Offers

Rate Disclaimer*

Based on a $20,000 loan at 6.95% APR over 5 years, total repayable amount is $26,940 with $449 monthly payments. Your personal APR will be provided upon application completion. Loan terms available from 3 to 72 months. Maximum APR 8.88%.

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*Based on a $20,000 loan at 6.95% APR over 5 years, read more total repayable amount is $26,940 with $449 monthly payments. Your personal APR will be provided upon application completion. Loan terms available from 3 to 72 months. Maximum APR 8.88%. show less

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 (S$)

Loan amount must be between 500 and 100,000.

Tenure (Months)

Tenure must be between 1 and 60 months.

Lenders AllROSHI Approved

Monthly Repayment Low to HighHigh to Low

Total Interest Low to HighHigh to Low

More Filters

BST Credit

Address

3.92%

4.9  

$1,060.58

Cashmax Credit

Address

3.92%

4.6  

$1,060.58

Goldstar Credit

Address

3.92%

Grocery Vouchers

Up to 1% Cashback

5.0  

$1,060.58

Aero Credit

Address

3.92%

4.3  

$1,060.58

Valuemax

Address

3.92%

4.6  

$1,060.58

A1 Credit

Address

3.92%

4.9  

$1,060.58

1 Cash

Address

3.92%

5.0  

$1,060.58

Unlimited Finance

Address

3.92%

4.8  

$1,060.58

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

Magnus Credit Application Requirements

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

Eligibility Criteria:

• Be at least 21 years old.
• Be a Singapore Citizen, Permanent Resident or foreigner with a valid work permit or passport.
• Must not be an undischarged bankrupt or have ongoing bankruptcy proceedings.

Documents Required:

• For Employed Applicants: Must be permanently employed and contributing monthly CPF.
• For Self-Employed Applicants: Must provide income tax assessments, ACRA registration or a valid vocational license.
• For Foreigners/Expats: Must have a valid work permit or passport.