Instant loans, fast loans, and quick loans are interchangeable terms in Singapore. They are designed to help borrowers access cash within the shortest time, often within a day.
Applications can be processed much faster than traditional bank loans, especially if you have your supporting documents ready. Depending on your eligibility and loan amount, these can be either secured (backed by collateral) or unsecured. In Singapore, unsecured personal loans are generally capped at six times your monthly income, in line with regulatory guidelines. This ensures borrowers do not take on excessive debt.
For individuals facing emergencies, an urgent loan can be a practical solution to cover immediate financial needs while waiting for regular income.
Quick loans are designed to help cover urgent financial needs when traditional financing may take too long. Many borrowers turn to quick loans for:
Unexpected hospital visits, treatments, or medication costs can place a sudden strain on your finances. With quick loans in Singapore, you can access immediate funds to cover these medical expenses without delay, ensuring your health or your loved ones’ well-being is not compromised.
From car breakdowns to urgent home repairs, these unexpected situations often cannot wait. A fast loan gives you the flexibility to handle emergency repairs right away, preventing minor issues from turning into bigger, costlier problems.
When overdue utilities, rent, or daily living costs pile up, a quick loan can provide short-term relief. This ensures you stay on top of your commitments while waiting for your next paycheck or income source.
Business owners and freelancers may face seasonal slowdowns or unexpected expenses. A loan can help maintain business cash flow, allowing you to cover salaries, pay suppliers, or invest in new opportunities without disruption.
Whether it’s school fees, exam costs, or purchasing study materials, education is an essential but often costly investment. A quick loan ensures you can manage these expenses smoothly and without unnecessary stress.
You're just one visit away from getting the funds you need. Now it's just a matter of the amount of funds you need!
The application process is simple. The eligibility criteria is minimal. The approval is fast.
In times of need, we know cash is tight. That's why we offer loans with flexible tenures and rates, for your affordability.
We pride ourselves in transparent prices and honesty with clients. 118 Credit is always here to help.
Get An Instant In-Principle Approval And Collect Your Money On The Spot!
The criteria to be eligible for a Fast Cash Loan, you will need to be at least 18 years old and a Singaporean, a Permanent Resident or a Foreigner with a valid Work Permit. We will also require the following documents during the loan appointment, so make sure you have them all before applying for a Fast Cash Loan:
If you have any questions regarding the needed documents, feel free to give us a call at +65 6835 7666 and our assistants at 118 Credit will be more than happy to explain more.
Forget lengthy bank processes: our streamlined system ensures your urgent cash loan is approved rapidly, often within an hour, with immediate cash disbursement.
We offer personalised loan packages tailored specifically to your financial needs, ensuring repayments are comfortable and manageable without adding extra stress.
No complicated documentation is required. With just basic employment and billing proofs, we keep the application process straightforward and hassle-free.
As a trusted, licensed money lender in Singapore, we guarantee transparent terms, clear interest rates, and no hidden charges, providing you peace of mind and reliability in every step.
Quick cash loan online application at 118 Credit is simple and can be completed in just a few steps.
Step 1:
Fill out our quick online application form takes just minutes! Receive your in-principle approval on the same day.
Step 2:
Within an hour, our friendly loan specialists will contact you to confirm your appointment and advise you clearly on the necessary documents.
Step 3:
During your appointment, our team will tailor a loan package specifically to your financial situation, offering flexible repayment options to ease your worries.
Step 4:
Once your loan is approved, review and sign the agreement in person. After signing, your cash will be disbursed immediately without any unnecessary waiting.
Step 5:
Receive your cash immediately after signing, resolving your financial emergency without delay!
Choosing the right lender is essential when you’re in urgent need of funds. Here’s what you should consider and what to avoid when applying for an urgent cash loan:
Licensed by the Ministry of Law: Always verify that the money lender is listed in Singapore’s official registry of licensed lenders.
Transparent Terms: Ensure interest rates, fees, and repayment schedules are clearly stated and easy to understand.
Good Track Record: Check online reviews and testimonials for signs of customer satisfaction, fast processing, and reliable support.
Clear Communication: A reliable lender will explain the full terms upfront, no confusing clauses or hidden surprises.
Unlicensed or unregulated lenders: These may offer quick cash but put you at risk of unfair practices and unprotected agreements.
Unclear loan terms: Avoid any lender who cannot provide a detailed breakdown of costs, fees, and repayment expectations.
Borrowing more than needed: This can lead to unnecessary debt and higher repayment burdens.
Overlooking repayment responsibilities: Missing repayments can lead to extra charges, always confirm you’re comfortable with the plan.
Submit your Quick Cash Loan Online Application and Collect Your Money On the Spot!
A fast cash loan is a type of personal loan designed for emergencies when you need money quickly. With an urgent cash loan in Singapore, you can receive funds on the same day, without the lengthy processes typical of traditional loans. At 118 Credit, we ensure instant loan approval and a seamless application process.
Less than 1 hour is needed in our office! With 118 Credit, you can apply for an urgent cash loan today and receive your funds almost immediately. Our streamlined process ensures fast cash disbursement once all documents are verified and the loan agreement is signed.
To apply for an urgent loan with minimum credit check in Singapore, you must be at least 18 years old, a Singaporean, Permanent Resident, or Foreigner with a valid Work Permit. Required documents include your NRIC or passport, employment details, recent payslips, and proof of residence.
Our interest rates for instant loan offerings in Singapore are competitive and transparent, with no hidden fees. Our competitive interest rates start from 1% – 4% per month, with no penalties or extra charges if you decide to do an early full settlement of the loan. We ensure affordable repayment plans tailored to your needs.
Yes, at 118 Credit, we understand that financial situations vary. As one of the trusted urgent money lenders in Singapore, we offer loans even to those with poor credit history with banks, ensuring you get the help you need without unnecessary delays.
While we do require basic income verification, our approval is based on your current financial situation—not strict credit scoring.
Yes, foreigners holding a valid Work Pass can apply for a fast cash loan in Singapore. To apply, you’ll need to submit your Work Pass, employment letter, proof of residential address and recent payslips. Our team will guide you through the process and assess your eligibility promptly.
We offer flexible repayment schedules tailored to your income level, so you can repay comfortably without financial strain.
Yes, we may be able to customise a loan package based on alternative income sources or your current financial standing.
Loan amounts depend on your eligibility and financial profile. Contact us directly for a personalised assessment.
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