Instant Loan in Singapore | Get Fast Cash in Minutes

An instant cash loan or fast cash loan in Singapore offers lightning-fast approval for emergencies, family needs, late bills, and more. With a quick loan, receive the necessary funds to resolve any financial woe.

What is an instant loan in Singapore?

An instant loan in Singapore is a type of unsecured credit facility offered by licensed money lenders in Singapore. An online cash loan in Singapore can be a vital financial solution in the thick of unexpected financial situations; say health issues, sudden house bills, and general emergencies.

Applying for an instant cash loan in Singapore is an ideal option for individuals who need cash swiftly but are unable to obtain it from other avenues like banks or traditional financial institutions.

Why do you need an instant loan in Singapore?

Instant loans in Singapore are designed for those with time-sensitive or urgent need for cash. For example, you may have overlooked an important payment which is coming due in a few days.

In such pressing scenarios, an instant cash loan from Cash Direct can provide you with extra funds needed to solve your emergency. Because they are designed for those with urgent needs, our instant cash loans are typically dispersed very quickly.

How you can benefit with a fast cash loan by Cash Direct

Instant online approval

Get your fast cash loan in Singapore approved in as little as 30 minutes.

Low interest rates

We offer low interest rates and customised fast loans in Singapore according to your needs.

Highly experienced

We are well certified and experienced in loan processing, providing instant loans in Singapore with top-notch service since 2010.

Focused on you

Our quick loans in Singapore are 100% tailored to your specific financial need — and never come with any hidden fees or terms.

Fully furnished office

Our office is well-decorated with elegant furniture and is even equipped with high speed wifi, ensuring a comfortable experience from start to end.

Solve any financial emergency by getting quick cash with a fast loan in Singapore.

Frequently Asked Questions (FAQs) about Fast Cash Loans in Singapore

How much can I borrow with a fast cash loan?

In order to help consumers avoid overborrowing, licensed lenders have to observe the following limits when offering quick cash loans in Singapore:

Borrower’s annual income	Borrowing limit
Less than S$10,000	Singaporeans and PRs – S$3,000 Foreigners residing in Singapore – S$500
At least S$10,000 and less than S$20,000	All borrowers – S$3,000
More than S$20,000	All borrowers – 6x monthly income

Should you take an instant loan from a bank or licensed money lender in Singapore?

One essential consideration when weighing money lenders vs banks is the stricter eligibility criteria imposed by the latter. Bank loans require a minimum of S$20,000 in annual income, along with a good credit history and high score. This can put bank loans out of reach for those with lower incomes or low credit scores.

Instant loans in Singapore from legal lenders do not require such stringent credit checks, so a low credit score does not disqualify you in most cases. Also, as stated above, we are committed to helping all borrowers, even those with low income.

When does a fast cash loan in Singapore come in handy?

An instant loan in Singapore is disbursed in cash into your account, which gives you the flexibility and convenience to make use of your loan in any way you choose. Here are some situations where a fast loan in Singapore could be beneficial:

Medical emergency: While Singaporeans have healthcare cover in the form of Medshield, a portion of the medical bill still needs to be paid in cash. This unexpected expense can disrupt your cash flow or empty your bank account. With a quick cash loan in Singapore, you can obtain the funds you need to pay for treatment instead of worrying about how you’ll afford it.
Urgent bills: Some bills are particularly critical as not paying them on time could lead to a great financial loss. One such example is insurance policy premiums, which face the danger of lapsing if payment is not made by the due date. For these reasons, it’s almost always more advisable to pay your premiums and keep your policy going, such as with a fast cash loan in Singapore.
Cashflow issues: Whether due to family factors or a sudden business downturn, we could find ourselves facing short-term cashflow issues. Getting an online cash loan in Singapore can help you remedy the immediate situation, while allowing time for your circumstances to return to normal and cash flow to be restored.
Urgent repairs or replacements: For the self-employed, having your laptop or car break down on you could stop you from even earning an income. Getting a quick loan in Singapore will allow you to solve the problem promptly and get back on track with your life.
To fulfil a personal goal: Instant loans in Singapore can also be used to meet your personal goals, such as paying for a holiday to reward yourself for your hard work or to supplement your budget for a home refresh.

What are the eligibility requirements for an instant loan in Singapore?

To be eligible for a fast loan in Singapore, you’ll need to be:

At least 18 years old
Residing in Singapore (with proof of residence)
Regularly employed (with proof of income)

How to improve your chances of a quick loan approval?

Here are some tips to help raise your chances of getting your instant online loan in Singapore approved and processed quickly.

Maintain good credit standing: The key to getting any loan approved is to have good credit standing. This also applies to instant online loans in Singapore. Some tips to improve your credit standing include making loan repayments on time and having steady employment.
Tap on your credit card limit: You can withdraw up to 90% of the credit limit on your credit card via a cash advance for an instant cash loan in Singapore. Note that this incurs fees, and you’ll need to repay the amount by the next billing cycle to avoid hefty interest charges.
Use MyInfo to apply if available: With the availability of online loans in Singapore and Singpass MyInfo, you can skip filling up forms and speed up your instant loan application altogether.
Try borrowing a smaller amount: As smaller loans pose less risk to the lender, they may be easier to be approved.
Don’t apply for too many loans at once: Doing so will trigger multiple credit inquiries, marking you as a risky borrower and making lenders reluctant to approve your application.

Is there any chance my quick loan application could be rejected?

Yes, applications for instant cash loans in Singapore may be rejected, for reasons like not residing in Singapore or meeting the age requirement. But fret not — Cash Direct is committed to doing our best to help all borrowers. Speak to our friendly team for professional advice on debt and loans to help solve your financial issues.

What are the common reasons for my quick loan application being rejected?

Poor credit history or even a low credit score
Insufficient credit information (e.g. just graduated or have no history of applying for credit facilities)
Missing information in your loan application
Unstable employment or irregular income

How to apply for an instant loan in Singapore?

Apply online
Online cash loans in Singapore are everywhere — you can apply directly on our website by filling in our online form. Seamlessly retrieve your personal information with Singpass MyInfo. We’ll get in touch once we’ve received your loan application.

Apply in person
Drop by our Cash Direct office to apply for an instant cash loan in Singapore in person. Our friendly staff will work out a suitable loan package for you. Receive your cash instantly once your loan is processed!

Be sure to bring along the following:

Your identification documents
Proof of income
Proof of residence

Why choose Cash Direct for a quick loan in Singapore?

We are a fully regulated licensed money lender in Singapore with a track record of over 20 years; we’re known for providing flexible online loans in Singapore. Our team of trusted and experienced professionals are committed to providing all borrowers with friendly, professional advice and financial solutions that best suit your needs.

Here’s why our customers love us:

We work fast! Have your instant loan approved in 20 minutes or less.
We know our stuff! We’re an industry pioneer with over 20 years of experience.
We safeguard your privacy! Our office is conveniently located yet discreet, and we employ state-of-the-art cyber security measures.
We’re highly rated! We have a 5-star rating on Google with thousands of reviews.