Licensed Money Lender in Singapore | Regulated by the Ministry of Law (Licence No. 149/2025)
Apply For A LoanEstimate Your Repayments with Your Trusted Singapore Money Lender
Find a repayment plan that works for you. We keep things fair and transparent—strictly following the Ministry of Law’s 4% interest cap so you can borrow without worrying about hidden costs.
Your Total Repayment
- Monthly Instalment SGD1,108.31
- Total Interest SGD2,166.20
Professional Loan Services for Every Financial Need
As a licensed lender, we offer a wide range of structured financial solutions to suit your specific situation. Whether you are managing debt, funding a major project, or seeking personal support, our regulated loan packages are designed with transparency and your stability in mind.
Personal Loan
A personal loan is an unsecured line of credit designed to help you manage your individual financial needs. Time is precious, and we understand that life often moves faster than your budget. Whether you are managing unexpected bills, building your career, or starting a family, our licensed and structured loans provide the support you need. U Credit is here to guide you through these moments with transparency and speed.
Benefits of a U Credit Personal Loan:
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Boost and improve credit scores
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Flexible repayment tenures
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Fast application and approval
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Secure Singpass integration
Bad Credit Loan
A bad credit loan is a structured financial solution designed for individuals whose credit history may not be perfect. At U Credit, we believe your past financial challenges shouldn't limit your future opportunities. As a licensed money lender in Singapore since 2010, we look beyond traditional credit scores to assess your current repayment ability. We provide a fair and transparent path to help you manage your financial requirements, ensuring you have the support needed to reach your personal goals with absolute confidence.
Benefits of a U Credit Bad Credit Loan:
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Structured repayment plans to help manage cash flow.
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Fair assessment based on current income stability.
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Professional guidance from an experienced, licensed team.
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Fast approval process with minimal paperwork.
Business Loan
Secure the capital you need to scale your operations or manage seasonal demands. From bridging cash flow gaps to investing in new equipment or inventory, our financing solutions are built to support your business goals. We understand that timing is critical in the local market, which is why we offer a straightforward process to help your SME stay agile and competitive.
Benefits of a U Credit Business Loan:
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Customised financing for SME growth
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Flexible capital for operational needs
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Fast disbursement to capture opportunities
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Streamlined application for busy owners
Wedding Loan
Your big day should be about making memories, not managing financial stress. From securing your dream venue to covering catering deposits and photography, we provide the liquid capital needed to finalise your arrangements. Our wedding financing is designed to help you bridge the gap between your savings and your ideal celebration, allowing you to focus on your new life together while keeping your repayments predictable.
Benefits of a U Credit Wedding Loan:
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Cover high upfront banquet deposits
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Predictable monthly repayment plans
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Quick approval to secure vendors early
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No hidden fees or unexpected costs
Renovation Loan
Transforming your living space should be an exciting milestone, not a source of financial strain. Whether you are modernising your kitchen, upgrading your flooring, or extending your living area, our renovation financing provides the necessary capital to keep your project moving. We work alongside your timeline to ensure you have the funds ready for contractor payments, allowing you to focus on the design while we handle the financial details.
Benefits of a U Credit Renovation Loan:
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Capital for interior design and repairs
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Tailored repayment to fit your monthly budget
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Fast-track approval for timely contractor payments
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Fixed interest rates for easier planning
Vacation Loan
Taking a well-deserved break should be a time to recharge, not a cause for financial worry. Whether you are planning a family holiday or a long-awaited trip abroad, our vacation loans provide the upfront funds required for flights, accommodation, and travel expenses. We offer a transparent way to spread the cost of your travels, allowing you to enjoy your getaway with a clear repayment plan already in place.
Benefits of a U Credit Vacation Loan:
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Instant funds for bookings and airfares
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Manageable monthly instalments
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No hidden travel-related charges
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Simple application for quick approval
Medical Loan
Health priorities often arise when we least expect them. Whether it is for elective surgery, emergency dental work, or specialist treatments, our medical loans ensure that you can access the care you need without delay. We focus on providing a straightforward financial path to cover medical bills and recovery costs, allowing you to prioritise your wellbeing while managing the expenses through a clear repayment schedule.
Benefits of a U Credit Medical Loan:
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Immediate capital for urgent healthcare
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Covers surgery, dental, and specialist fees
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Stress-free application for fast approval
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Fixed instalments to manage recovery costs
Instant Fast Cash Loan
When urgent financial needs arise, speed is your top priority. Our fast cash loans are designed to provide immediate relief for those unexpected moments where timing is everything. By streamlining our internal processes and utilising secure digital verification, we ensure that you can access the funds you need without the long waiting periods. We focus on getting you back on track quickly with a transparent and hassle-free experience.
Benefits of a U Credit Instant Fast Cash Loan:
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Rapid approval for urgent requirements
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Instant disbursement upon agreement
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Minimal eligibility paperwork needed
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Secure verification via Singpass
Foreigner Loan
Living and working abroad comes with its own set of financial demands. Whether you are settling into a new home, managing relocation costs, or handling an emergency, our foreigner loans are designed to support your life in Singapore. We provide a straightforward application process for valid pass holders, ensuring you can access the funds you need with the transparency and professional service you expect from a licensed lender.
Benefits of a U Credit Foreigner Loan:
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Available for EP, S Pass, and Work Permit holders
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Simple documentation and eligibility criteria
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Fast processing for immediate financial needs
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Flexible repayment plans for expatriates
Debt Consolidation Plan
Regain control of your finances by combining multiple high-interest debts into a single, manageable monthly payment. Managing various due dates and interest rates can be overwhelming. Our consolidation plans are designed to simplify your monthly outgoings and reduce your total interest costs. We provide a structured path toward financial freedom, allowing you to focus on your long-term stability with one clear repayment schedule and a fixed interest rate.
Benefits of a U Credit Debt Consolidation Plan:
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Combine multiple debts into one monthly payment
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Lower your overall interest rate and monthly costs
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Simplify your financial management and due dates
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Protect your credit score with predictable repayments
Payday Loan
Small, unexpected expenses don’t always align with your monthly salary cycle. Our payday loans are designed to provide a short-term bridge to cover essential costs until your next pay cheque arrives. Whether it is an urgent repair or a sudden utility bill, we offer a quick and transparent way to manage your cash flow without the stress of waiting. It is a straightforward solution to ensure your personal finances stay on track during the month.
Benefits of a U Credit Payday Loan:
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Short-term bridge for immediate expenses
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Fast approval and same-day disbursement
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Repay once your next salary is credited
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Simple eligibility for salaried employees
Short Term Loan
A short term loan is a practical financial tool designed to provide immediate cash flow for urgent, one-off expenses. Whether you are facing an unexpected medical bill, urgent home repairs, or a temporary gap between paydays, U Credit offers fast and flexible short-term borrowing options. Our goal is to provide a stress-free experience with transparent terms, helping you manage your immediate financial commitments with total confidence.
Benefits of a U Credit Short Term Loan:
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Immediate financial relief for urgent cash gaps
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Fast processing with same-day fund transfers
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Flexible short-tenure plans that avoid long-term debt
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Streamlined digital application using secure Singpass data
Why People in Singapore Choose U Credit
As a licensed moneylender in Singapore, we provide transparent financial solutions to help you reach your personal commitments. We focus on clear terms and efficient service to ensure a straightforward borrowing experience.
Instant Verification with Singpass MyInfo
Skip the manual paperwork and enjoy a seamless application journey. By utilising Singpass for instant digital verification, we can process your request more efficiently, ensuring a quicker and more secure experience.
Low Interest Rates & Flexible Repayments
We provide affordable financing solutions tailored to your specific needs. Benefit from competitive interest rates and customisable repayment plans of up to 36 months, allowing you to manage your outgoings without stress.
Licensed & Transparent with No Hidden Fees
Integrity is the core of our service. We ensure every cost is laid out clearly with no "surprises." You will always receive a clear breakdown of your loan terms, backed by a team that prioritises your peace of mind.
Get to Know Us BetterA Trusted Licensed Money Lender in Singapore Since 2010
Established in 2010, U Credit has built a 15-year reputation for integrity and reliability in the lending industry. We provide structured financial solutions tailored to your unique financial requirements, helping you manage your commitments with absolute confidence.
Our mission has always been to empower our clients to reach their personal goals through fair, professional, and transparent lending practices.
Regulated by Singapore's Ministry of Law
Over 15 Years of Expertise
As a premier licensed money lender, U Credit offers a secure and professional platform for all your credit needs.
Operating for over a decade, we strictly adhere to the Moneylenders Act, ensuring every client benefits from our deep experience, professional ethics, and total regulatory compliance.
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100% Transparent Terms
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Customer-Centric Service
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Secure Singpass Integration
4 Simple Steps to Secure Your Loan
Our application process is designed to be fast and straightforward. Follow these four steps to get the financial support you need from a trusted licensed moneylender in Singapore.
Apply Online in Minutes
Submit your application in minutes via our online application form or Singpass. Fast, secure, and paperless.
Receive a Verification Call
Our team will contact you quickly to verify your details and provide a preliminary update on your status.
Verify & Sign Contract
Visit our office for a brief face-to-face verification and to sign your licensed loan agreement.
Instant Disbursement
Receive your funds on the spot via cash immediately after the contract is signed.
Check Your Eligibility & Required Documents to Borrow from a Licensed Money Lender
As a licensed lender, we require specific documents to finalise your loan. Check the list below to ensure a smooth application and a structured process.
Eligibility Criteria
Age
21 Years Old and Above
Employment Status
Employed (Full-Time or Part-Time), Self-Employed or Earning a Consistent Income
Residency
Singapore Citizen, Permanent Resident, or Valid Work Pass Holder (EP, S Pass, or WP)
Required Documents
Identification
NRIC (for Singapore Citizens / PRs),
Passport and Work Pass (for Foreigners)
Proof of Income
Latest 3 Months' Payslips,
Bank Statements Showing Salary Credit
Proof of Residence for Foreigners
Recent Utility Bill (within 3 months),
Tenancy Agreement,
Official Letters with Your Residential Address
Visit Our Licensed Money Lender Office
at The Bencoolen
Getting to U Credit
By MRT (Nearest
Stations)
Take Exit B. It is a steady 8-minute walk along Bencoolen Street to our office at The Bencoolen.
Use Exit A. Approximately a 5–8 minute walk via Prinsep Street to Bencoolen Street.
Use Exit A. Approximately a 5–8 minute walk via Rochor Road.
Use Exit E, approximately a 9-minute walk from the station.
By Bus (Nearest Stops Along
Bencoolen Street)
Just a 1-minute walk.
Buses: 64, 65, 139
Approximately a 3-minute walk.
Buses: 56, 131, 147, 166, 857, 980
What Our Clients Say About the Most Trusted Money Lender in Singapore
Since 2010, U Credit has been committed to providing structured and transparent financial solutions. Read the real experiences of our clients and see how we have supported their financial requirements during times of urgent need and beyond.
Get the Financial Support You Need Today
Experience a structured, transparent, and stress-free loan process with Singapore’s trusted licensed money lender. Apply online in minutes and receive a professional assessment tailored to your financial requirements.
Apply for a Loan Now
FAQs for Licensed Money Lender Services
As an established licensed money lender in Singapore, we believe in total transparency. Below, we address common questions regarding our structured lending process, legal regulations, and how we support your financial requirements.
A licensed money lender in Singapore is a legal entity authorised by the Ministry of Law to provide loans to the public. Unlike unlicensed operators, licensed lenders are governed by the Moneylenders Act, which strictly regulates interest rates, fees, and professional conduct. Since 2010, U Credit has operated as a fully authorised lender, offering structured loan products designed to help Singaporeans, PRs, and foreigners meet their financial goals safely.
You can verify our status by checking the official List of Licensed Moneylenders on the Ministry of Law’s Registry of Moneylenders website. U CREDIT (PTE.) LTD. is proudly listed with Licence No. 149/2025. Always ensure the following details match the government’s records exactly:
- Business Name: U CREDIT (PTE.) LTD.
- Licence Number: 149/2025
- Registered Office: 180, Bencoolen Street, #01-19, The Bencoolen, Singapore 189646
While both are legal, they serve different needs:
- Efficiency: Licensed lenders like U Credit offer streamlined processing, with instant data verification via Singpass MyInfo.
- Accessibility: While banks rely heavily on long-term credit scores, we prioritise your current ability to repay.
- Bureau Checks: We use Moneylenders Credit Bureau (MLCB) reports for a more holistic assessment of your financial health compared to the standard CBS used by banks.
To stay safe, look for these key indicators of a legal lender:
- No Upfront Fees: A legal lender will never ask for fees (such as “GST” or “processing fees”) before the loan is disbursed.
- Physical Verification: The law requires a face-to-face verification at the lender’s registered office.
- Official Documentation: You must receive a clear Note of Contract explained to you in plain language.
No. Under Singapore’s strict advertising rules, licensed money lenders are prohibited from soliciting loans via SMS, WhatsApp, social media, or cold calls. Any unsolicited message you receive is likely from an unlicensed lender. U Credit only communicates through official channels and our website, ensuring a professional and structured experience.
By law, all licensed money lenders in Singapore are capped at a maximum interest rate of 4% per month. At U Credit, we ensure our interest charges are transparent and calculated on a reducing balance basis. This means interest is only charged on the remaining principal of your loan as you pay it down, ensuring a fair and structured repayment process.
The Ministry of Law sets strict maximum borrowing limits across all licensed lenders combined, based on your residency status and annual income:
| Annual Income | Singapore Citizens & PR | Foreigners (WP / S Pass / EP) |
|---|---|---|
| Below S$10,000 | Up to S$3,000 | Up to S$500 |
| S$10,000 - S$20,000 | Up to S$3,000 | Up to S$3,000 |
| S$20,000 and above | Up to 6× monthly income | Up to 6× monthly income |
Licensed lenders are authorised to charge only three specific types of fees. At U Credit, we strictly follow these caps:
- Administrative Fee: A one-time fee not exceeding 10% of the loan principal, deducted only when the loan is granted.
- Late Repayment Fee: A fee not exceeding $60 for each month a repayment is missed.
- Legal Costs: Costs ordered by a court for a successful claim by the lender to recover the loan.
Yes. To protect borrowers from spiralling debt, the total charges imposed by a moneylender—including all interest and fees—cannot exceed an amount equivalent to the original loan principal. This legal safeguard ensures that your debt can never grow to more than double the amount you originally borrowed.
Licensed money lenders record loan data in the Moneylenders Credit Bureau (MLCB), which is separate from the Credit Bureau Singapore (CBS) used by banks. While your bank credit score is not directly updated by MLCB, banks may review your MLCB report to verify your total debt obligations. Repaying your U Credit loan on time demonstrates financial responsibility and ensures your overall credit profile remains healthy for future financial requirements.
Established in 2010, U Credit is a licensed money lender centrally located at The Bencoolen. We pride ourselves on:
- Experience: Over 15 years of providing structured financial solutions in Singapore.
- Efficiency: A streamlined application process featuring instant data verification via Singpass MyInfo.
- Transparency: Clearly defined terms with no hidden charges, ensuring you are fully informed before signing any agreement.
We value efficiency and provide a grounded, straightforward process:
- Instant Verification: We use MyInfo to verify your data in minutes during the online application.
- In-Principle Approval: Receive a preliminary offer quickly after submitting your digital form.
- Face-to-Face Completion: Visit our Bencoolen office for the mandatory identity check and the signing of the loan contract.
- Immediate Disbursement: Once the legal paperwork is complete, funds are typically disbursed within 30 minutes.
No. We specialise in unsecured loans, which means no collateral or guarantor is required. Our structured assessment is based on:
- Your annual income and employment stability.
- Your current debt-to-income ratio.
- Your Moneylenders Credit Bureau (MLCB) report.
Our office is centrally located at The Bencoolen, a well-known landmark in the Bugis and Rochor area. Our specific address is:
- Address: 180 Bencoolen Street, #01-19, The Bencoolen, Singapore 189646.
- By MRT: We are a short walk from Rochor MRT (Downtown Line) or Bugis MRT (East-West/Downtown Line).
- By Bus: Several bus services stop directly outside or near The Bencoolen, providing easy access from all parts of Singapore.
To provide a structured and reliable service, our office at The Bencoolen is open for walk-ins and the signing of loan contracts during the following hours:
- Monday to Saturday: 11:00 AM – 8:00 PM
- Sunday & Public Holiday: Closed
Yes, walk-ins are welcome for any loan requirements you may have. However, we highly recommend completing our online application first. This allows us to perform a verification beforehand, significantly speeding up the signing of the loan contract once you arrive at our Bencoolen Street office.
Yes, there is ample parking available within The Bencoolen building itself. Being centrally located at #01-19, our office is easily accessible from the car park, providing a convenient and professional environment for you to finalise your authorised loan agreement.
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Still Have Questions, or Ready to Apply Now?
If you’re looking for a reliable, licensed money lender in Singapore, look no further. Complete our loan application form beforehand and visit our office to finalise your loan contract with ease.
