Getting Best Moneylender in Singapore is a big challenge, there are 160++ across Singapore. How you know which lender is suitable for you.

Here we have a list of Best Moneylender for your reference.

Best Moneylender

AUTHOR RATEUSERS RATE (22)
Accredit@Yishun

Phone : 6219 2662
Address : 743 Yishun Ave 5, #01-548, Singapore 760743
www.accreditloan.com
Google Reviews

AUTHOR RATEUSERS RATE (22)
Accredit@Tiong Bahru

Phone : 6261 2662
Address : 18, #01-04 Jln Membina, 164018
www.accreditloan.com
Google Reviews

AUTHOR RATEUSERS RATE (2)
Accredit@Hougang

Phone : 6245 2662
Address : 1187 Upper Serangoon Rd, #01-15 The Midtown, Singapore 533971
www.accreditloan.com
Google Reviews

AUTHOR RATEUSERS RATE (22)
Accredit@Tampines

Phone : 6226 2662
Address : 503 Tampines Central 1, #01-315, Singapore 520503
www.accreditloan.com
Google Reviews

AUTHOR RATEUSERS RATE (22)
KBB Credit SD Pte Ltd

Phone : 6255 6998
Address : 111 North Bridge Road #01-35 Peninsula Plaza Singapore 179098
Website : www.kbbcredit.sg
Google Reviews

AUTHOR RATEUSERS RATE (24)
Quick Credit Pte Ltd

Phone : 6899 6188
Address : No 2 Jurong East Street 21 #04-01A IMM Building, Singapore 609601
Website : www.quickcredit.com.sg
Google Reviews

AUTHOR RATEUSERS RATE (8)
1st Credit SG Pte Ltd

Phone : 6266 5422
Address : 149 Rochor Road #01-07 Fu Lu Shou Complex Singapore 188425
Website : www.moneylenderhub.com
Google Reviews

Consequences You’ll Face Due to a Low Credit Score in Singapore

No Phone Contracts

Cell phone companies check your credit too. They argue that they’re extending a month of service to you, so they need to know how reliable your payments will be. If your credit is bad, you may have to get a prepaid cell phone, a month-to-month contract where phones are typically more expensive or go without one at all. If you’re leasing or making payments on your cell phone, you may have to pay more upfront for a new phone or your payments may be higher if you have bad credit.

High-Interest Rates

Low credit scores typically mean higher interest rates, and that means higher finance charges on your credit card balances. Credit scores indicate the likelihood that you will default on a credit card or loan obligation. Having a low credit indicates that you’re a riskier borrower than someone with a better credit score. Creditors and lenders make you pay for this risk by charging you a higher interest rate. If you’re approved with a bad credit score, you’ll pay more in interest over time than you would if you had better credit and a better interest rate. The more you borrow, the more you’ll pay in interest. This applies to all kinds of loans, mortgages, and credit cards.

Higher Insurance Premiums

Insurance companies check credit too. They argue that lower credit scores are linked to higher claims filed. Because of this, they check your credit and charge a higher premium to those with lower credit scores, regardless of the number of claims you’ve actually filed. This includes auto, life, and home insurance. A bad credit history means you’ll pay more for insurance than you would if you had better credit.