365 Credit Solutions Pte Ltd is a licensed moneylender (License No. 17/2024) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.​

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Payday Loan

Immediate financial distress requires immediate financial assistance

365 credit payday loan
best payday loan singapore

Make Every Day Your Pay
Day With A Payday Loan

If you are worried about getting through the month due to unforeseen financial emergencies, 365 Credit Solutions’ payday loan can provide the help you need. What could be more reassuring than knowing you have a reliable source of financing during tough times? Our service is consistent, quick, and convenient, allowing you to receive cash immediately.

Payday loans serve as an effective safety net, as it’s often hard to predict misfortune.

Struggling to cover essential expenses like educational fees and fixed bills can lead to additional burdens and worries. However, a simple cash advance from one of our payday loans can offer a solution. 


With just one of our payday loans, you can manage all your commitments and sudden urgent financial needs. This also helps you avoid late repayments, maintain your credit score, and prevent the costs associated with penalties.

Benefits of Choosing 365 Credit Solutions

Flexible Repayment Tenures

Enjoy the freedom of tailoring your loan repayment schedule to suit your financial situation.

Easy & Hassle-Free Loan Application

Experience a streamlined, stress-free loan application process that's as simple as it gets.

Quick Cash Approval

Get fast access to the funds you need with our expedited cash approval service.

Want to Get a Payday Loan With Us?
Follow These Simple Steps Below!

01
Apply Online

Apply Online

Fill out our quick application form.

02
Await A Call

Await A Call

Our loan officer will contact you for eligibility questions.

03
Receive Funds

Receive Funds

If eligible, you can collect your cash at our office after discussing terms and signing the contract.

personal loan eligibility

Eligibility

At Least 21 Years Old

Minimum Salary of SGD2,000

for Singaporean Locals & PRs

Minimum Salary of SGD3,000

for Foreigners Working in Singapore

Requirements

Singaporean Locals & PRS

Singaporean Locals & PRS

foreigner couples

Foreigners Working in Singapore

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Frequently Asked Questions

A payday loan in Singapore is a short-term loan to ease your financial strain immediately until the next pay day arrives and your next paycheck is cashed in. The idea is that you get an amount of money you apply to help you pay off your commitments due. After, you are expected to repay off the payday loan on your next pay day – hence, the name payday loan.

Sometimes, people might get it confused with a short term or personal loan. However, payday loans are quite different.

The main distinction between a personal loan and payday loan in Singapore is typically the payback period. Generally speaking, you repay a payday loan approximately a month after you receive your salary – in lump-sum payments. For personal loans, you can repay it over a longer period of time.

Generally, the best loan payday is an unsecured one, without any collateral involved. An unsecured payday loan works best with licensed moneylender as the sums involved are smaller and are quicker to approve. One of our best selling points as a licensed moneylender is the fact that we do not judge anyone with poor or credit scores.

This means that anyone with bad credit can take out a quick and best payday loan with us and receive the money they need within the hour without going through a lengthy loan application process. However, make sure you only use payday loans in case of emergencies. We do not want to see our borrowers fall into a deep cycle of debt.

Yes, it is. Money lending in Singapore is highly regulated by the Ministry of Law and all products offered by any payday lenders must be approved before they can be given to the public.

As such, payday loans are fully licensed under the Ministry of Law and are available to all Singapore citizens and foreign workers working in Singapore by all licensed moneylenders. As a licensed moneylender, our activities are fully compliant with any and all laws set forth by the government.

However, do not borrow from Ah Longs or loan sharks as these groups are not licensed moneylenders and will charge exorbitant interest rates that will quickly trap you in an endless cycle of debt. 365 Credit Solutions strongly advises you to seek only a licensed moneylender or banks if you are in need of a loan.

A licensed moneylender in Singapore can only charge a maximum interest rate of 4% per month. This maximum applies regardless if the loan is secured or unsecured.

In addition, a licensed moneylender can also only charge a maximum late interest rate of 4% per month for each month the loan is repaid late. The interest can only be charged based on the principal remaining after deducting the original payments made.

For example; Mrs. X has taken out a loan of SGD20,000 and has repaid SGD4,000. Only the remaining SGD16,000 can be taken into account for the computation of interest.

Also, the late interest can only be charged on an amount that is repaid late. The licensed moneylender cannot charge on amounts that are outstanding but not yet due to be repaid. For example, Mr. Y takes a loan of SGD20,000 and fails to pay for the first installment of SGD2,000.

The money lender can only charge the late interest on SGD2,000 but not on the remaining SGD18,000 as it is not due yet.

Second, only the following fees can be charged:

  • A fee not exceeding SGD60 for each month of late repayment;
  • A fee not exceeding 10% of the principal of the loan when a loan is granted; and
  • Legal costs ordered by the court for a successful claim by the licensed moneylender for the recovery of the loan

The total charges imposed by a moneylender on the loan’s interest, late interest, upfront administrative and late fee cannot exceed an amount equivalent to the principal of the loan.

There are a number of factors that determine how much you can borrow from us. For secured loans, a borrower can borrow any amount of money from us.

An unsecured loan taken out would be subject to a few restrictions. Singapore citizens or PRs with an annual salary of less than SGD20,000 can only loan up to SGD3,000 with us. If your annual salary is SGD20,000 and above, you would be able to loan up to six times monthly income.

Foreigners or expats working in Singapore would only be able to loan up to SGD500 with us if you are earning less than SGD10,00 a year. If your annual income is above SGD10,000 but less than SGD20,000, you would be able to loan up to SGD3,000 with us. If your annual income is SGD20,000 and above, you would be able to loan up to six times of your monthly income.

Very quickly indeed! We pride ourselves on giving you excellent service with quick and high loan approval rates. Once you’ve submitted all the necessary documents along with your loan application, it would only take us half an hour to approve your application.

You could even receive your money within the hour in some cases!

Yes. This is because banks can offer larger loan amounts but their loans aren’t payday loans. If for some reason you think that you need more financial help than what a single month’s pay can do, you can apply for a personal loan with us instead.

Yes. You can pay off your loans ahead of time if you wish, and there are no early repayment penalties. If you’d like to know more about the process or have any specific questions, please consult our loan officer.

Typically, payday loans have no restrictions on usage of cash loans; you can use the funds for personal needs.

We understand that unexpected situations can arise, and your financial well-being is important to us. If you can’t repay your payday loan on time, please contact us immediately. We’re here to help you with flexible repayment options. Ignoring the issue may result in late repayment fees and higher interest rates, so don’t hesitate to reach out for assistance.

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