Bad Credit Personal Loan

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

Credit Thirty3 exists for the sole purpose of providing you with the best loan products and the best loan terms. With us, you do not have to worry about your finances anymore. As reviewed by our customers, we are competent, professional and trustworthy.

• A high 4.8 star Google reviews by our valued customers
• Straightforward applications that takes only 5 minutes, tops.
• Low interest rates.
• Worry not about bad credit score.
• Fast loan approvals for your immediate needs.

Credit Thirty3 is one of the fastest licensed moneylenders in Singapore. With our streamlined loan application process, you can get your cash within hours.

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.

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.

Upon the approval of your loan application, we will be able to transfer you the money or pass you the agreed principal amount in cash immediately. However, please take note that there will be a small administration fee which is administered by all licensed moneylenders. Subsequently, the only thing to take note would be to make punctual repayments.

Our address: (Simply a 4-min walk from Tanjong Pagar MRT) 171 Tras Street #08-175 Union Building Singapore 079025 Our opening hours: 11:00am to 8:00pm (Mondays to Saturdays) Closed on Sundays and Public Holidays