Licensed Moneylender in Singapore

Cash in Hand. Same Date. Near Bugis.

When you need money fast, the last thing you want is a week of waiting and a bank rejection. Swift Credit is a Ministry of Law-licensed moneylender at Bugis. As a licensed money lender in Singapore, we provide legal loans through a straightforward loan application process. Apply via Singpass MyInfo in 2 minutes. Get your cash the same day you visit us.

MinLaw Licence No. 142/2025 | Reg. No.201716124H

2-Min Application

Authenticate via Singpass MyInfo for an instant in-principle decision. No manual forms.

Transparent Fees

Strictly regulated interest capped at 4% monthly. No hidden fees, no surprises.

MinLaw-Licensed

We prioritize your current ability to repay over past credit scores. High success for all.

100% Data Privacy

Your information is 256-bit encrypted and handled with absolute confidentiality.

5-Star Service, Verified by Thousands.

Join over 10,000 clients who have experienced the Swift difference in Bugis.

Our Loan Services in Singapore

Every loan we offer is governed by the Moneylenders Act 2008. All rates and fees are capped by law.

How Much Can You Borrow?

Your borrowing limit is set by MinLaw based on your annual income and residency status.

Borrower Type	Annual Income	Maximum Loan Amount
Singapore Citizen or PR	Below SGD 20,000	SGD 3,000
Singapore Citizen or PR	SGD 20,000 and above	Up to 6x monthly income
Foreigner with valid work pass	Below SGD 10,000	SGD 500
Foreigner with valid work pass	SGD 10,000 to SGD 19,999	SGD 3,000
Foreigner with valid work pass	SGD 20,000 and above	Up to 6x monthly income

Source: Ministry of Law — Guide to borrowing from licensed moneylenders

Personal Loan Calculator

Adjust the sliders to estimate your monthly instalment. All figures are indicative only. Your actual loan offer is confirmed at our office.

How to Get Your Loan in 3-Step

Fast, digital, and fully transparent. From application to disbursement in minutes.

Apply in 2 Minutes Online

Use Singpass MyInfo at swiftcredit.sg. Your identity and income details are retrieved automatically. No manual form filling needed.

We Call You Within the Hour

Our loan consultants review your application and contact you during office hours. We discuss your loan amount and repayment terms before you travel to our office.

Visit Us. Sign. Get Your Cash.

Come to 192 Waterloo St, #02-06 Skyline Building. Under MinLaw regulations, physical identity verification at our registered office is required before any loan can be disbursed. Sign your contract after we walk you through every term. Funds disbursed the same day - cash or bank transfer.

Since 2009

Serving Singapore

142/2025

MinLaw Licence No.

Skyline Building

192 waterloo st #02-06

About Swift Credit

Swift Credit is an authorised money lender and legal loan company in Singapore, approved by the Registry of Moneylenders under the Ministry of Law. We have been serving Singapore residents, PRs, and foreigners at our Bugis office since 2009.

We believe borrowing should be straightforward. No confusing terms. No hidden charges. Every loan officer at Swift Credit walks you through your contract line by line before you sign anything.

Frequently Asked Questions

We believe in absolute transparency. Before you apply, get the facts on Singapore’s lending regulations and our streamlined digital process.

Q1: Is Swift Credit a legitimate licensed moneylender?

Yes. Swift Credit Pte Ltd is a reliable money lender in Singapore with a MinLaw licence issued by the Registry of Moneylenders under the Ministry of Law. You can verify that the moneylending is licensed by checking the official list of licensed money lenders at rom.mlaw.gov.sg.

Q2: How much can I borrow from Swift Credit?

The amount you can borrow depends on your annual income, residency status, existing financial commitments, and ability to repay. Singapore citizens and PRs earning below SGD 20,000 annually may borrow up to SGD 3,000. Those earning SGD 20,000 and above may qualify for loans up to 6 times their monthly income.

For a foreigner, the maximum loan amount is SGD 500 for annual income below SGD 10,000, SGD 3,000 for annual income between SGD 10,000 and SGD 19,999, and up to 6 times monthly income for annual income of SGD 20,000 and above.

Q3: What's the interest rate and fees?

Under the Moneylenders Act 2008, interest is capped at 4% per month. The administrative fee is capped at 10% of the principal and is charged once. Late payment fees are capped at SGD 60 for each month of late repayment, while total applicable charges cannot exceed the principal amount.

Q4: How fast is the loan approval?

Most licensed money lender loan applications submitted during office hours can be reviewed on the same day. Your loan approval depends on document submission, income checks, affordability assessment, and identity verification.

The initial application can be done online via a secure loan application using Singpass MyInfo. However, licensed moneylenders must still complete the required checks before they can disburse the funds.

Q5: Can foreigners apply for a loan at Swift Credit?

Yes. EP, S Pass, and Work Permit holders may apply. You will need your passport, valid work pass, latest 3 months’ pay slips, and proof of Singapore residential address

Q6: Do I need a guarantor?

No. All fast cash loans are unsecured. No guarantor and no collateral required.

Q7: Is it safe to borrow from licensed money lenders?

Yes, provided you borrow from licensed money lenders regulated by the Registry of Moneylenders under the Ministry of Law. Always check the official list of licensed money lenders before applying for a loan. A licensed money lender in Singapore follows the Moneylenders Act, explains all terms and conditions, and provides a clear loan contract before any money is disbursed.

Q8: Can I apply if I have poor credit or bad credit?

Yes. People with poor credit or bad credit may still submit a loan application. Our loan approval process considers your current financial situation, income, repayment ability, credit history, and other relevant factors instead of relying solely on your credit score. Every borrower is assessed individually.

Q9: Are you open for business on Sundays?

Our operating hours may vary, so please contact us before visiting. If you are searching for money lenders open for business, legal money lenders open, or wondering whether we are open for business on Sundays, we recommend calling our office first to confirm our latest business hours.

Q10: What documents do I need when applying for legal loans in Singapore?

Most borrowers can start their secure online loan application using Singpass MyInfo. Depending on your circumstances, we may request supporting documents during loan processing. After completing the required verification, you’ll visit our office to review the loan contract before the funds are disbursed.

Q11: What types of loans do legal money lenders in Singapore provide?

Licensed money lenders provide various loan solutions, including personal loan, payday, business, and foreigner loans. Money lenders usually offer unsecured loans with different loan tenures and repayment terms, allowing borrowers to choose an option that best suits their financial needs.