Get Fast Cash Loans in Singapore
Whether you need to cover your medical bills so that you can focus on your recovery journey, looking for ways to finance your renovation costs so that you can build the perfect home for your family, or need to fund your education to further your studies — we’ve got you covered.
We understand that when there are emergency needs to be met, time is of the essence. While there are several types of loans on the market that can be leveraged when a financial emergency emerges, the truth of the matter is that taking out a loan is subject to various factors such as background credit checks, which might hinder aspects like the speed of cash disbursement. That is why our fast cash loans in Singapore are made available to support you when you are cash-strapped and need to pay for emergency expenses.
What is a Fast Cash Loan?
A type of personal loan designed specifically for time-sensitive financial emergencies, fast cash loans are a useful financing option when requirements posed by conventional lending institutions are not met. Made to be quick by ridding any lengthy credit checks on bank statements, not only are the application processes sped up but your chances of getting the necessary funds are also maximised in the shortest amount of time.
Features of Fast Cash Loans with Credit Xtra
As one of the leading legal moneylenders in Singapore, we at Credit Xtra are driven to provide you with the financial backing and support you need to address an emergency or urgent and unexpected financial obligation such as a hefty medical bill. Our simple yet reliable fast cash loans make it possible for you to secure the instant disbursement of funds on your own terms, while retaining a flexible repayment plan tailored to your needs.
Our loan officers will also consider each loan application individually to determine a feasible loan term that will cater to your specific situation. Beyond applying our knowledge and skill to offer the right credit solutions to you, we will collaborate closely with you to ensure that fair servicing terms are established.
Convenient Access and Application to Fast Cash Loans
Apply for a fast cash loan online, and you are one visit away with our loan officers from getting the funds in your account or in cash. Simply bring the necessary documents for verification purposes and your unique borrowing needs will be addressed.
Fast Loan Approval
After the simple application process, processing and loan contracting, we will have the loan disbursed immediately without delay after the loan agreement is signed. Our eligibility criteria are also minimal.
Flexible Loan Tenure
We understand that cash might be tight. Therefore, as a private moneylender in Singapore, we offer flexible payment plans tailored to your needs to ensure greater affordability when it comes to loan repayment.
Transparent
At Credit Xtra, we pride ourselves in our transparent prices and guarantee that there are no hidden costs and fees.
Eligibility Requirements for Fast Cash Loans
At Credit Xtra, we believe that every individual should be able to fulfil their financial obligations with ease. As such, we offer fast cash loan options to both Singaporeans and foreign residents. Whether you are a cash-strapped homeowner who needs to settle overdue bills or an everyday Singaporean that is looking for a quick personal loan, we strive to provide you with solutions to get through any financial situation.
Not limiting any possibility, we also welcome individuals with all credit scores and evaluate each case individually to understand your current financial situation.
When applying for a fast cash loan, several documents will be required to complete the application process.
Singaporeans and Permanent Residents:
- Identity card (NRIC)
- Recent 3 month payslips
- SingPass
- Note: Singaporean individual applicants need to be a minimum age of 21 years old
Foreign Residents:
- Passport and work pass or permit
- Recent 3 month payslips
- Employment contract
- Local tenancy agreement
- Note: Foreign resident individual applicants need to be a minimum age of 21 years old
Borrowing Limit for Fast Cash Loans
In general, a moneylender will be more conservative in loan quantum. However, regardless of the borrowing limit, it is crucial that when in urgent need of cash, it is crucial to consider how much you can afford and repay. Besides that, the legal borrowing limit for our fast cash loans is a maximum of 6 months’ salary worth. If you do not have a regular income, Credit Xtra will determine the loan amount you qualify for based on the last two income tax returns.
You can check out our Essential Notes page or rest assured that our loan officers will be able to provide you with more information about specific borrowing limits during the scheduled visit.
Interest Rate for Fast Cash Loans
Under the Moneylenders (Amendment) Rules 2015, the prevailing interest rate for our fast cash loans can come up to a maximum of 4% per month. Customers can also expect to pay up to a 10% admin fee upfront as part of the loan application process. Find out more about loan interest and associated fees in our FAQ page.
Apply for an Urgent Cash Loan Today with Credit Xtra
As a legal moneylender in Singapore, we are proud to offer simple and sincere financial solutions that are personalised to our customer’s needs. In times of a financial emergency, our fast cash loans and quick approval process can save the day and take a weight off your shoulders.
Let our team at Credit Xtra get the funds you need urgently. Get in touch with us today to find out more about our urgent money loans.
Frequently Asked Questions About Fast Cash Loans in Singapore
1. What is the easiest and quickest loan to get from Credit Xtra?
From SME micro loans and SME business loans to fast cash loans, we offer a range of legitimate, simple and sincere financial solutions. And for all of these, we are able to expeditiously approve, process and conclude your loan. However, if you are in need of money urgently, one of our fastest and quickest loans that you can apply for is our fast cash loan.