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HS Credit: Best Licensed
Money Lender Woodlands

Since 2019, HS Credit has been a licensed money lender in Singapore, operating under the regulations of the Ministry of Lawโ€™s Registry of Moneylenders.

We are proud to be one of the famous and best licensed moneylender in Singapore due to our transparent processes, competitive interest rates, and exceptional customer service.

Our efficient loan approval system ensures that you receive your funds quickly, making us a preferred choice for many borrowers.

HS Credit is money lender located near Woodlands. If you need a loan and someone who listens to you and helps without pressure, do feel free to drop by.
Our address and contact number:

We’re always here to help in any way we can. Drop by at any time during our business hours. We’ll be more than glad to help.

Loan Interest Rate as low as 1%-3.92%**

Instalment Repayment up to 12 months or more

Fast Approval in 25 minutes

No Hidden Fee

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Best Licensed Moneylender: Our Loan Solutions

Personal Loan

Personal Loan

Borrower can borrows amount up to 6x of your monthly income.

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Low Interest Rates

Our top priority is to be able to get you a loan quote from us FREE and easy. We have no penalties when you decide to reject a loan after approval.

Foreigner Loan

As long as you have stable employment proof, we can work out a payment plan that affords your ability!

Payday Loan

Payday Loan

Payday loans is also known as fast cash loan. It is designs for individuals who need quick access to cash. You can borrow a small amount, which youโ€™ll repay with interest when you receive your next salary payday.

Cover until next payday

You can get your small amount fund to pay bills or pay rental or any fees until the payday.

Who need this loan?

Unlike banking loans, payday loan can help your friends and family for some cash to solve an emergency financial situation or medical emergency in a short while.

Business Loan

Business Loan

We offer loans for startup business for financing your business expenses and growth.

Secured or Unsecured Loan

You can get flexible loans to run your business and fund various projects.

For Different Business Needs

Whether it is debt settlement, business expansion projects, disaster recovery loss, cash flow issues, this loan is perfect for startup entrepreneurs.

House Renovation Loan

House Renovation Loan

It can be use for your dream home for remodeling, repairs, or additions to the property.

Kitchen Remodeling

You can get this loan and remodeling your desire kitchen if you doesn't have enough cash to fund.

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Easy Application Process

Fill in the form easily to contact with us. We can promise fast cash disbursement on the spot!

Bad Credit Loan

Bad Credit Loan

We offer loans even though you may with poor credit history in the past.
*Terms and condition may apply.

One New Chance

We reduce your financial stress so you can focus on what's important and get back to your normal life.

Offer what suits your need

Even with a low credit score, HS enables individual to manage your financial needs and work towards improving your credit over time.

Debt Consolidation Loan

Debt Consolidation Loan

When you are struggling with multiple loans, we can help you to simplify payments with a single monthly installment.

Manage Only 1 Easy Monthly Payment

We help you to consolidate your debt into one!

No Additional Fees Required

Enjoy a transparent and no-fees-required for borrowing this loan.

Your Money Lending needs, Secured by Confidentiality and Data Protection.

HS Credit emphasizes strict confidentiality throughout the loan process. All submitted documents, including proof of income, proof of employment, and personal identification, are securely stored.

The lender abides by Singaporeโ€™s data protection rules and restricts employee access to personal data. Application forms, agreements, and supporting documents are only used for assessing creditworthiness and are not disclosed to unauthorized third parties.

Sensitive data is encrypted, and customers are informed about how their information is managed. Clear policies are in place to address data protection and privacy concerns.

SG cyber safe. Cyber essentials Certified with money lender

Transparent Fees and Interest Rates

At HS Credit, we are licensed money lenders who are regulated and must disclose all fees, charges, and interest rates upfront. This transparency ensures that borrowers know exactly what they will pay during the loan tenure.

We ensure that interest rates are clearly stated in contracts, avoiding hidden costs. Our fee structures are easy to understand, and at HS Credit, we avoid aggressive or ambiguous charges. The table below displays typical transparency aspects:

Fee/Rate AspectLicensed Money Lender Practice
Upfront Fee DisclosureYes
Hidden ChargesNo
Interest Rate ClarityClearly stated in contract

Trusted Review from Google Review

Loan Approval Times and Processes

Hard to walk in? It is ok to enquire us any question about money lending online before proceed to borrowing process. Ask anything is FREE!
Applicants can start by filling out a confidential application form, either online or at the HS Credit branch.
At HS Credit, our loan progress is quick, simple, and efficient. You’ll receive your funds on the spot, without lengthy approval times, and benefit from exceptional customer service provided by our financial team. Hereโ€™s what you can look forward to when you take out a loan with us:

Borrower can easily fill in the online form to enquire the amount you need to borrow. Money lender can easily customize the loan according to your personal loan requirement.

1. Fill online form

First, fill up the loan enquiry form online. You can also have the option to come to our office in order to submit your application in person.

2. Bring along documents for the loan appointment

We will review you financial situation to determine the loan amount you qualify for and the terms that can be offered to you.

3. Come down to our office for your appointment.

Our loan officer will ensure you understand all the terms, conditions and fees in the loan. There will be no hidden charges for HS Credit’s loan. If the amount suits you, we are happy to disburse cash on the spot! Or you can choose to use PayNow to receive your loan!

Reach Us In A Few Clicks

Apply now to get the money you need.

Frequently Asked Questions (FAQ)

Curious about pre and post loan process? Find the answer below.

  • At HS, we pride ourselves on being one of the licensed moneylenderย in Singapore due to our transparent processes, competitive interest rates, and exceptional customer service. Our efficient loan approval system ensures that you receive your funds quickly, making us a preferred choice for many borrowers.

  • Yes, absolutely!ย You can still apply for a loan with HS even if you donโ€™t have a pay slip. We understand that not everyone has a traditional employment setup, so we consider other forms of income verification to assess your loan application.

  • At HS Credit, we take personal data and privacy very seriously. We adhere to the Personal Data Protection Act (PDPA) of Singapore, ensuring that all personal information collected is securely stored and used only for the purposes of processing loan applications and managing customer accounts. We implement robust security measures to protect your data from unauthorized access and breaches.

  • Borrowers in Singapore are protected under the Moneylenders Act, which sets out strict regulations that licensed money lenders must follow. These include caps on interest rates, transparent disclosure of loan terms, and fair treatment of borrowers. At HS Credit, we comply fully with these regulations to ensure that our customers are treated fairly and ethically.

  • Before choosing a lender, you can check the Ministry of Lawโ€™s official moneylenders list. Authentic lenders will have a physical office address and will not ask for upfront fees. HS Credit is a licensed money lender, and our license number is prominently displayed on our official website and at our place of business.

    Recognising Approved Advertising Channels

    Licensed money lenders in Singapore are restricted in how they advertise. According to the Ministry of Law, only three advertising channels are approved: business or consumer directories (print or electronic), their own websites, and physical signs at their business premises.

    If a lender advertises through text messages, social media, flyers, or emails, this is not permitted and could indicate an unlicensed lender or loan shark. Authentic lenders follow strict advertising guidelines and do not use aggressive tactics.

    Legitimate money lenders will never offer loans through unsolicited phone calls or door-to-door sales. Always check if the advertisement format matches the approved channels before considering any loan offer.

  • The Moneylenders Act regulates licensed moneylenders in Singapore by setting out the legal framework that licensed money lenders must operate within. This includes limits on interest rates, fees, and charges, as well as requirements for transparency in loan agreements and advertising. The Act also provides protections for borrowers, such as the right to receive clear information about loan terms and the ability to lodge complaints against unethical practices.

    A licensed money lender is an individual or company authorized to offer loans according to standards set in the Moneylenders Act. They must be officially listed in the Ministry of Lawโ€™s Registry of Moneylenders, ensuring their legitimacy.

    Key Considerations:

    Criteria Licensed Money Lender Unlicensed Lender
    Legal Status Registered with MinLaw Not registered
    Adherence to Act Must comply Does not comply
    Physical Office Mandatory Often absent/offline

    All licensed lenders are required by law to maintain a physical office location in Singapore. The Ministry of Law performs regular checks and updates the registry to safeguard borrowers from unlicensed practices.

  • Consumer guides on borrowing from money lenders in Singapore can be found on the Ministry of Law’s website. These guides provide valuable information on your rights as a borrower, how to choose a licensed money lender, and what to expect during the loan application process. HS Credit also offers informational resources on our website to help you make informed borrowing decisions. You may visit the legal website source from https://rom.mlaw.gov.sg/information-for-borrowers/guide-to-borrowing-from-licensed-moneylenders-english/ to learn more about this industry.

  • Borrowing limitย is directly tied to annual income and credit evaluation. For those with income below SGD 20,000, legal limits are capped at SGD 3,000. Above this threshold, they may borrow up to six times their monthly income. Higher credit scores may increase eligibility.

    Loan tenure varies, usually from a few months up to 2 years. Shorter tenures lower total interest paid but raise monthly repayments. A longer term may ease monthly servicing but adds to overall cost.

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    Borrowers should confirm the exact repayment schedule, interest computation (fixed or reducing balance), and whether there is flexibility for early settlement. Understanding all terms helps prevent future misunderstandings and financial strain.

  • To check your credit report with the Moneylenders Credit Bureau, you can visit their official website and follow the instructions for obtaining your report. You will need to provide certain personal information and pay a nominal fee. HS Credit can also assist you in understanding your credit report and how it may impact your loan application. Don’t worry, this request is free!

  • Legal advice about licensed moneylenders in Singapore can be obtained from legal professionals or organizations such as the Law Society of Singapore. They offer resources and referrals to qualified lawyers who can provide guidance on legal loan laws and your rights as a borrower.

    Key Considerations Before Borrowing

    Borrowers should review interest rates, fees, and repayment terms closely. It’s also important to understand required documents and eligibility based on income or credit standing.

    Understanding Interest Rates and Fees

    Interest rates can be applied in different ways. Theย applied rate (AR)ย is the simple rate quoted by the lender, but theย effective interest rate (EIR)ย reflects the true cost after compounding and frequency of payments. Many loans also have aย processing fee. This is usually a fixed amount or a small percentage of the approved sum.

  • Top providers often differentiate themselves through unique loan offerings and promotions. Some lenders, such as HS Credit, offer 24-hour online loan services, allowing fast application and approval. Others provide special rates or fee waivers for new customers, or run seasonal loan promotions.

    Digital application processes streamline credit assessment, minimizing paperwork. Licensed lenders are mandated to conduct credit checks through the Moneylenders Credit Bureau (MLCB) to assess borrower eligibility and help prevent over-borrowing.

    Flexible repayment options and transparent breakdowns of fees are standard, with clear terms displayed on the lenderโ€™s website. Several lenders provide comparison tables online to help borrowers evaluate loan packages before making a decision.

  • A top-rated money lender is defined by both excellent customer reviews and the flexible, client-focused services they provide.

    At HS Credit, we are proud to be recognized as one of the top-rated money lenders in Singapore, especially in the Woodlands area. Our reputation is built on a foundation of excellent customer service, completely transparent loan terms, and competitive interest rates, which has earned us a 5.0-star rating on Google Reviews. You can find these testimonials from satisfied clients on various online platforms and on our official website.

    Furthermore, part of being a leading lender means offering solutions that help you manage your finances effectively. Thatโ€™s why we provide loan refinancing options. This service allows you to replace an existing loan with a new one that has more favourable terms, such as a lower interest rate or a longer repayment period. Our experienced team will work with you to assess your financial situation and tailor a refinancing solution that meets your specific needs and helps you manage your debt more comfortably.

  • To compare different money lenders in Singapore, consider factors such as interest rates, fees, repayment terms, customer reviews, and the lender’s reputation. HS Credit provides detailed information about our loan products and terms on our website, making it easy for you to compare us with other lenders. Additionally, you can use online comparison tools and consumer guides to help you make an informed decision.

  • To qualify for a loan from a money lender in Singapore, you usually need to be at least 21 years old, have a steady income, and be a Singapore citizen or Permanent Resident. At HS Credit, we review every application on a case-by-case basis. We may ask for documents like your identification, proof of income, and proof of address to support your application.

    Criteria Singaporean/PR Foreigner
    Age 18+ 18+
    Identification NRIC Passport/Work Pass
    Address Proof Yes Yes
    Income Proof Yes Yes
  • HS Credit offers loans with no guarantor required, making it easier for you to access the funds you need without the need for a co-signer. Our loan products are designed to be accessible and convenient, with straightforward application processes and quick approval times.

  • The maximum interest rate legally set by Singapore Law is allowed is 4% per month for both secured and unsecured loans. Administrative fees cannot exceed 10% of the loan principal. Late fees are capped at $60 per month.

    Fee Type Amount/Limit
    Interest Rate โ‰ค 4% per month
    Admin Fee โ‰ค 10% of principal
    Late Fee โ‰ค $60 per month
  • At HS Credit, we strive to provide quick and efficient loan approvals. The time it takes to get a loan approved can vary depending on the completeness of your application and the verification process. In many cases, we can provide approval within 30 minutes.

  • Yes, you can apply for multiple loans from different money lenders in Singapore. However, it’s important to consider your ability to repay multiple loans and the potential impact on your credit score. At HS Credit, we recommend that you carefully evaluate your financial situation before taking on additional debt.

  • To request a loan extension from HS Credit, you can contact our customer service team to discuss your situation. We understand that circumstances can change, and we will work with you to find a suitable solution, which may include extending your loan term or adjusting your repayment schedule.

  • You can request a loan statement from HS Credit by contacting our customer service team. We will provide you with a detailed statement that includes information on your outstanding balance, repayment history, and any applicable fees. This statement can be sent to you via email or collected in person at our office.

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Differences Between Money Lenders and Banks

We understand that borrowers have different needs, and both licensed money lenders and banks offer loans with their own unique features. However, we differ from banks in several key areas, including approval speed, eligibility, documentation, pricing, and good customer approach. Knowing these differences helps borrowers choose the right fit for their individual situations.

Approval Times and Processes

Banks in Singapore often require extensive documentation such as income statements, tax returns, and credit checks. Their eligibility criteria can be strict, especially for those with less stable income or lower credit scores. Approval from banks may take several days to weeks, due to the need for thorough verification and internal procedures.

In contrast, we as licensed money lenders generally provide a much faster loan process. We can grant approvals within a few hours, relying on quicker checks and simpler documentation like NRIC, recent payslips, and proof of address. This efficiency allows us to cater to borrowers who need funds urgently or may not meet traditional bank requirements.

FeatureBanksLicensed Money Lenders
Approval TimeSeveral days to weeksHours, same-day possible
DocumentationExtensiveMinimal
EligibilityStrictMore flexible