Licensed Money Lenders Katong
Small Loans, Big Solutions

Short Term Loans
We offer the most flexible repayment terms you can meet with ease.

Money on Demand
Get your cash in less than 30 minutes after you signed your loan contract with us.

Trusted Transparency
From our online loan calculator to loan contract - we ensure no hidden charges!
Eligibility and Documents Needed

Loan applicant must be aged 21 years and above

Singapore Citizen or Permanent Resident

In employment
Eligibility and Documents Needed
- Identification Card (NRIC)
- Singpass Login
- Proof of billing ( Any latest bill indicating residential address)
- Latest 3 month original payslip (Only applicable if there is no cpf contribution)
- Letter of employment (Only applicable for new employment)
For Self Employed
- Identification Card (NRIC)
- Singpass Login
- Notice of assessment (NOA indicating trade income)
- ACRA (Accounting/Corporate Regulatory Authority)
- Proof of billing ( Any latest bill indicating residential address
For Taxi Drivers
- Identification Card (NRIC)
- Vocational license
- Taxi pass
- Min 7 days job summary
- Proof of billing ( Any latest bill indicating residential address)
Katong
Katong, also called Tanjong Katong, is a residential neighbourhood in the Central part of Singapore located nearby the sea.
But due to land shortage, Katong reclaimed some lands some of East Coast Park. This is to produce more land for housing and recreation.
It is home to several villas and mansions from wealthy elites in Singapore. The nobility used their riches to built seaside resorts, estates, and manors.
There is a diverse, rich culture in Katong that leads to their unique cuisine. Most of their restaurants serve Peranakan Cuisine and Katong Laksa. Katong Laksa is a spicy Chinese noodle soup.
Because of its rich resources, Katong has many high-rise apartment blocks. There are traditional shophouses and Peranakan terrace houses. The shophouses are converted into cafes and speciality houses.
Keys to Choosing the Best Licensed Moneylenders in Katong
Choosing the best-licensed moneylenders by yourself could be tiresome. There has been a wide array of moneylenders in Katong.
Here are some key factors when choosing the best-licensed moneylenders in Katong:
Accreditation
As a borrower, you need to ensure that your moneylender is dependable. By choosing moneylenders, you can measure its dependability.
You have to choose licensed moneylenders because they abide by the Moneylenders Act. It is a law that the Ministry of Law provided for the lending industry.
Katong licensed moneylenders can only operate if they follow the government’s requirements. Otherwise, they will lose their license.
Knowing that your moneylender offers safe services will give you peace of mind. With them, you are protected in times of conflict and can turn to the authorities for help.
Katong Moneylening’s Terms and Condition
The terms and conditions of the moneylenders should be fair. It should address your needs. Make sure that your moneylender is flexible.
The terms and condition is the blueprint of your contract. It is a legal agreement between you and your moneylender. Ensure that you understand all the terms and conditions.
If there is unclear information in the terms and conditions, do not hesitate and ask the loan officer.
Loan Fees
Moneylenders usually charge their borrowers for personal loans aside from other charges. Before signing the contract, ask them about all the costs and payments.
Choose the one that is suitable for your budget. Remember that some moneylenders may ask you for additional charges. And that is something that you need to be aware of.
Reputation
Your moneylender’s reputation is one of the essential key factors in choosing the best one for you.
To assess your moneylender’s reputation, you can read reviews. Reading reviews can give you a spot-on insight into your potential moneylender.
You can compare the moneylenders’ performance by their customer service. You may also take the length of their service as a basis of their reputation. The longer the moneylender operates, the better their standing.

Licensed Money Lenders Katong
Types of Loan that You Should Know Katong Moneylenders
Choosing the best loan for you should coincide with your needs. Are you having difficulties finding the best loan from licensed moneylenders in Katong?
Here are some types of loans that you can consider in choosing the best loan according to the purpose.
Payday Loan
A payday loan is created to address your financial needs around your payday period. It is usually used to pay bills when your next payday is still about a week or two away. If your budget is not enough to cover all your expenses, you can also get a payday loan.
Personal Loan
A personal loan that is flexible and is the most trusted loan for Singaporeans. It is usually used to cover unexpected bills or for other purposes like opening up a solo business.
There is a continued rise in the cost of living in Singapore. Because of these, many are struggling about keeping up with their living expenses. In times of financial shortage, they can turn to moneylenders and ask for a personal loan.
The great news is, many residents enjoy the low-interest personal loan. It’s the best feature why many choose to borrow from Katong moneylenders.
Foreigner Loan
Are you a foreigner living in Singapore?
You don’t have to worry. There are various options you can have the same with the citizens and residents of Singapore.
If you need financial help and you are working in Singapore, you can get a foreigner loan. Applying for foreigners isn’t as complicated as most foreigners think.
Aside from that, the terms are convenient for you.
Debt Consolidation
Do you have plenty of debts or credit card debts? Are you worried about not being able to pay them off?
Getting a debt consolidation loan is the best answer to this. It’s a loan that combines all your credit cards and personal debts into a single payment. It comes with fixed monthly payments.
By getting a debt consolidation plan, it will be more convenient for you to track your debt. There will be a lower chance to miss your repayments since there is only one you need to think about every month.
It provides better interest rates compared to having various existing debts and loans. Another advantage is that it will be easier for you to organise your finances.
Renovation Loan
Do you want to make some home improvements? Or do some home repairs?
A renovation loan can assist you in this situation. Sometimes, you can’t avoid some home damages that need to be fixed urgently. With Katong money lenders, you can claim the instant cash loan hassle-free.
Related Article: What to Eat in Katong: Food Paradise on the Coast
