Magnus Credit: ✅ Licensed Money Lender in Singapore

The Smart Way to Borrow

Lending with Integrity, Borrowing with Confidence

An authorised and legal licensed money lender, offering fast, hassle-free, and affordable loan services. Apply securely via our easy online application form or Singpass Myinfo now!

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Why Choose Us? ⭐⭐⭐⭐⭐

We are a Trusted Financial Partner Offering Support You Need

No Hidden Fees

Our fee structure is clear and upfront. You'll receive a full breakdown of all costs, with no unexpected financial surprises. We prioritize your understanding, carefully explaining every detail of the loan agreement and ensuring you're fully informed before finalizing any documentation.

Lower Interest Rates

Our competitive rates and flexible terms make borrowing both accessible and cost-effective.

Accessible Loan Packages for All

We provide accessible loans with high approval rates across all income brackets. If you decide to withdraw after loan approval, you'll incur no cancellation penalties.

Faster Processing Times

Our digital loan application leverages Singpass Myinfo for an instant, frictionless process that disburses funds within minutes.

Flexible Repayment Options

We offer flexible payment plans tailored to diverse financial circumstances.

100% Privacy, High Confidentiality

Your data's confidentiality is our utmost commitment. We guarantee the complete protection of your personal information.

🏅 Top Licensed Money Lender Singapore

With Low Interest Rates and Outstanding Service

Magnus Credit Licensed Moneylender

Magnus Credit is a professional and fully licensed moneylender in Singapore. We have been approved by the Registry of Moneylenders (IPTO) to provide loan and money lending services in Singapore, guaranteeing transparency and fairness.

 We provide quick cash loans to local residents, PR, and foreigners who hold valid Foreigner employment passes. We personalized financial solutions, ensuring our services align perfectly with your circumstances whether you need money for medical bills, pursuing a career, building a family, or just extra funds.

We understand that financial challenges, such as borrowing restrictions and bad credit history, can prevent access to emergency funds. So, our streamlined processes offer a fast, hassle-free application experience, with our dedicated team ready to assist you every step of the way. Our online application makes it easy to secure the loan you urgently need.

Rely on Magnus Credit for reliable and convenient financing solutions.

How It Works

Getting a Loan Has Never Been This Easier

Submit Online Application

Simply fill out and submit the 2-minute loan application form or apply with Singpass My Info.

Get Approved Same Day

Check your loan status within working hours and know the maximum amount and term.

Collect Your Cash

Head to our office, sign the loan agreement then get your funds instantly.

Our Latest Customer Reviews

As one of the 🚀 top licensed moneylenders in Singapore, we provide reliable financial help.

Our customers’ positive reviews show our commitment to excellence. Read on to see why they trust us.

Your Personalized Loan, Tailored to You

Your financial journey is unique. Let us help you find the perfect loan solution to meet your specific needs. Our expert advisors are here to guide you every step of the way.

Frequently Asked Questions

We have the answers for you.

Regulated by the Registry of Moneylenders under the Ministry of Law, Magnus Credit Pte Ltd is a legal and licensed money lender in Singapore that offers a fast cash loan to help you solve financial problems. Below are some of our Frequently Asked Questions that came from most of our borrowers. If you cannot find the question that you are looking for, do not hesitate to contact us.

Why should I take a loan in Singapore with Magnus Credit Pte Ltd?

At Magnus Credit Pte Ltd, we understand that emergencies may happen. Our simple process eliminates lengthy application and waiting time, and flexible repayment options make managing debt easier. No complicated paperwork is required, just the essentials to get the instant loan that suits you.

  • Fast Response Time within an hour
  • Faster Loan Approval
  • Fast Cash Loan Disbursement
  • Lowest Rate per Month
  • Flexible Repayment Plan

Where can I apply for a loan?

You can submit your loan application using Singpass Myinfo through the loan application form on our website, or visit our office in person.

May I know why my loan was not approved?

At Magnus Credit Pte Ltd, we reserve the right to withhold any details concerning loan approvals.

Will Magnus Credit Pte Ltd grant me a loan if I have poor or bad credit status?

This is evaluated on a case-by-case basis. However, we will make every effort to tailor your loan package to suit your repayment capacity.

May I take another loan if I already have an existing one in Magnus Credit Pte Ltd?

Yes, we can approve another loan for you, provided you meet the eligibility criteria outlined in The Moneylenders Act and its regulations.

Upon payment of my loan, am I able to request another one?

Yes, we may offer you another loan, provided you qualify under the eligibility requirements of The Moneylenders Act and its regulations.

How do I make my repayment?

Payments are typically processed via GIRO. Alternatively, you can make a bank transfer to our designated accounts or pay in cash at our office.

Are there any fees if I would like to make an early redemption?

No, there are no additional fees. In fact, you may receive an interest rebate for early full repayment. The sooner you make the payment, the more interest you save.

Upon the approval of my loan application, can I still reject it?

Yes, you should never feel pressured to take out a loan if it does not align with your needs, whether due to specific clauses or personal reasons.

What are the compulsory requirements needed for any loans?

To apply, you must meet the following requirements:

  • Be at least 21 years old.
  • Be a Singapore Citizen or a Permanent Resident.
  • Not be an undischarged bankrupt or involved in any ongoing bankruptcy proceedings.
  • Be permanently employed with monthly CPF contributions.
  • Foreigners and expats must hold a valid work permit or passport.
  • Self-employed applicants need to provide income tax assessments, ACRA registration, or a valid vocational license.

What is the maximum amount of cash loan that I can take out?

Secured Loans:

  • No restrictions on loan amounts.

Unsecured Loans:

  • For Singapore Citizens & PR:

    • If your annual income is less than $20,000: Up to $3,000.
    • If your annual income is $20,000 or more: Up to 6x your monthly income.
  • For Foreigners:

    • If your annual income is less than $10,000: Up to $500.
    • If your annual income is between $10,000 and $20,000: Up to $3,000.
    • If your annual income is $20,000 or more: Up to 6x your monthly income.

What should I do after loan approval?

  • Double-check the loan amount to ensure its accuracy.
  • Make timely repayments to avoid penalties, interest charges, or late fees.
  • Always obtain a dated and signed receipt for each repayment, particularly for cash payments.
  • Verify that your name, repayment amount, date, and other details are correct on the receipt.
  • Ensure you receive a statement of account for all loans at least once every six months.
  • Keep and file physical copies of all payment proofs as documentation and evidence.

Magnus Credit Pte Ltd reserves the right to amend the Terms and Conditions without prior notice.

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