Wedding Loan Singapore
Weddings are beautiful, magical and the celebration of the unity of two people. Every couple will wish to have the wedding of their dreams. After all, a wedding is a once in a lifetime event. However, the cost of a wedding is high. You need to consider the price of wedding bands, hotel banquets, dinners, parties and more. With our wedding loan that will give you a peace of mind, creating the perfect wedding is possible.
Apply for a LoanHOW IT HELPS
Advantages of a wedding loan Singapore
Competent. Professional. Trustworthy.
Assuring & Fast
Planning for a wedding is already stressful enough and we understand that. With Credit Thirty3’s wedding loan, you will no longer need to worry about the costs. We assist you from the beginning till the end.
Straightforward
We don’t take you through complicated and unnecessary loan application processes. All you have to do is fill a simple online form that takes only 5 minutes, tops.
No Restrictions
Let us help you create the perfect wedding. We do not administer any restrictions on the usage of the loan. With such flexibility, your dream wedding is just a step away.
Lowest Interest Rates
The industry of personal loans is highly regulated to prevent borrowers from exploitation. So, you can always expect low interest loans with favorable terms and flexible payment terms from us.
FAQ
Frequently asked questions
Notes to Borrowers When Obtaining Loans from Licensed Moneylenders
Before applying for a loan:
1. The type of loan you are borrowing
Before entering any loan contract, make sure you understand the type of loan you are applying for. There are two types of loans – secured and unsecured loans.
- Unsecured loans have more lenient requirements and are easier to obtain. They do not require collateral.
- Secured loans have stricter requirements. They require collateral.
2. Interest rates
Regardless of the licensed moneylender or bank that you choose to work with, ensure that you are getting the best interest rates as it will affect your financial health.
Make sure to get the best loan package with low monthly repayment amounts.
Hidden fees to take note of:
- Service fees
- Underwriting fees
- Origination fees
Legal and fair lenders such as Credit Thirty3 will always make known of all the charges. We strive to explain as clearly as possible to our customers and there will not be any unnecessary charges.
3. Loan tenures
A loan tenure refers to the amount of time you have to repay a loan. It exists for any type of loan and can range from 3 months to even 30 years.
The duration of your loan tenure will have a direct impact on the cost of your loan. Longer loan tenures will increase the overall cost of your loan. On the other hand, shorter loan tenures will make the loan more affordable.
Please make sure to choose a loan tenure that you can comfortably repay.
If you have any doubts regarding your loan, feel free to contact our friendly professionals at Credit Thirty3. We are here to address your needs.
4. Your current financial situation
This is one of the most important points to consider.
Before getting a loan, take a look at your current financial responsibilities. For example, your electricity bills, mobile bills, car loans, credit card bills and more.
Knowing your current financial standing will help you make better financial situations, especially on the loan amount that you apply for.
5. Loan contract language
Rest assured if you are not well-versed in English.
Based on Singapore’s law, the licensed moneylender has to explain the loan contract in a language that the borrower understands.
If you need a contract in another language such as Mandarin/Tamil/Malay, feel free to let our loan advisors know.
6. Don’t be afraid to ask
You are encouraged to clarify any doubts that you might have before signing the loan contract. These may include the loan tenure, loan interest rates or processing fees.
7. Late fees
Understand that late fees will be charged when borrowers fail to make repayments on time.
You can borrow any amount for secured loans.
For unsecured loans, the loan amount depends on your annual income.
For Singapore Citizens and Permanent Residents (PRs):
- An annual income < $20,000 allows them to borrow up to $3,000.
- An annual income of $20,000 and above allows them to borrow 6x of their monthly income.
For Foreigners:
- An annual income < $10,000 allows them to borrow $500.
- An annual income of at least $10,000 but less than $20,000 allows them to borrow up to $3,000.
- An annual income of $20,000 and above allows them to borrow 6x of their monthly income.
The first step is to check the financial institution’s name against this list of licensed moneylenders by the Ministry of Law.
A licensed moneylender’s name will appear on the list.
Other signs of an illegal moneylender / loan scams:
- Text messages / WhatsApp messages / calls to promote their loans.
- Claim to be able to approve a loan remotely, without asking you to meet them at their place of business.
- Ask for payment before approving your loan.
For Singaporeans / PRs:
- NRIC / Passport (Proof of your identity)
- CPF / Bank statements (Proof of your income)
For Foreigners:
- Work Permit / S Pass / E Pass
- Utility bills / Phone bills / Home rental agreement (Proof of your residence)
- Payslips
5 minutes is all it takes to fill up our online loan application form. Our friendly loan officers will then get back within a few hours to follow with you.
If your loan is approved and all required verification and loan documentation are completed, the loan proceeds may be disbursed on the same day, subject to the lender’s process. Disbursement may be made by bank transfer or other approved payout method, depending on the arrangement explained to you before signing. Your full loan terms, repayment schedule, and applicable charges will be clearly set out in the loan contract before disbursement.
Yes, you can still apply for a loan with Credit Thirty3.
Banks often turn away customers who have bad credit scores, making it difficult for them during financial emergencies.
Credit Thirty3 is here to provide an alternative to these borrowers.
We are able to evaluate each case individually and we will try our best to offer the most suitable loan package for the borrower. Licensed moneylenders like us tend to be more understanding and will offer a listening ear to our borrowers.
Rest assured that we do not have specific restrictions with regards to credit scores.
Easily apply for a loan with us here.
There are simply 4 steps in our loan application.
Step 1: Apply online
Step 2: Wait for our loan officers to contact you
Step 3: Get your loan approval
Step 4: Sign the contract and get your money on the spot.
Our address:
(Simply a 4-min walk from Toa Payoh MRT)
Blk 190, Lorong 6 Toa Payoh
Toa Payoh Mall, #01-548
Singapore 310190
Our opening hours:
11:00am to 8:00pm (Mondays to Saturdays)
Closed on Sundays and Public Holidays
