Monthly Installment Loan Singapore

1 Fullerton Credit’s monthly installment loan, allows you to pay your debts every month until your debt is paid off within a certain period of time. The monthly installment loan with low interest is designed to be repaid each month so you can afford to pay your long-term liabilities.

The monthly installment loans are designed for borrowing a larger amount of money and for longer terms. 

Specific details of the monthly payments are indicated in loan contracts that will be discussed to you during the scheduled in-person consultation.

All licensed moneylender is only permitted to impose the following charges and expenses:

• Interest rates up to 4%
• A fee not exceeding $60 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 moneylender for the recovery of the loan.

Applying for 1 Fullerton Credit’s monthly installment loan is easy and straightforward as long as you have your complete set of documents and information. The application will be processed in less than an hour.

After applying online or calling from the comfort of your home, our loan officer will schedule an in-person appointment to discuss the terms of your loan plan. You will receive the borrowed money on the same day as soon as the agreement has been signed.

Yes, you can. Although you can apply for more than 1 loan, your application will still be subject to evaluation to ensure that you don’t over-borrow and suffer from financial difficulties. 

Take note that unlike banks, 1 Fullerton Credit does not solely rely on credit scores when approving your loans.

What we look for are the following but not limited to:

• Ability to repay the  loan
• Certificate of employment
• Proof of income
• Other identification papers 1 Fullerton Credit

Yes, you can still apply for monthly installment loans even if you have a bad or low credit score, it also doesn’t affect the interest of your loans. You may, however, not be eligible to borrow a higher amount. Other choices include providing a guarantor or taking a secured loan to increase your loanable amount. 

Please feel free to talk to us so we can clear your confusion and further discuss your options.

To get the best loan rates in Singapore, you may check loan comparison sites online to weigh in your options. 

Please note that the interest rates and monthly repayment depend on the loan plan you are applying for. Compared to unsecured loans, secured loans will have a lower interest and can offer you a higher amount of money. 

Having collateral such as properties, real estate, bonds, collections and other items and objects of value can also help you lower your loan’s interest rate.

1 Fullerton Credit offers the lowest possible interest, in accordance with the Ministry of Law, ensuring you that we practice legal lending and help our clients also practice responsible borrowing by helping you manage the best loan plans suitable for your objectives, budget, and repayment capability. 

If you wish to see our clients’ testimonials, please visit our Reviews page. You may also apply online or call us for further details.

1 Fullerton Credit’s monthly repayment loans or monthly installment loan offers the lowest interest possible so you can afford to pay your long-term obligations. 

We also customize our monthly repayment plans based on your objectives and extend flexibility to ease your financial worries. 

Furthermore, 1 Fullerton Credit is known for its professional attitude, efficiency, and aims to provide excellent customer service, making the whole experience as easy, fast, and comfortable as possible.

1 Fullerton Credit is a licensed moneylender in Singapore. You can verify our legitimacy by checking the list of licensed moneylenders here. 

As a licensed moneylender, we are subjected to the rules and regulations set by the Ministry of Law Singapore. We are prohibited to advertise our services through unofficial channels like SMS, WhatsApp, or social media. 

We can only promote our loan services through business and consumer directories as well as our business websites. We can also place advertisements within and on the exterior of our office.