Personal Loan
Financing for bills, unexpected costs or short-term cash flow gaps.
Suitable for: Salaried and self-employed individuals managing a shortfall
Learn more →Licensed Moneylender in Singapore
The price of a loan should be the first thing you see, not the last.
Operating from People's Park Complex in Chinatown since 2008, ABM Creditz Singapore Pte Ltd prioritizes complete fee transparency over immediate disbursement. We provide upfront, comprehensive cost breakdowns — including administrative fees and total repayment obligations — prior to loan commitment, as illustrated in our standard S$2,000 12-month schedule.
You can begin an application online, but Singapore law requires every licensed moneylender to verify your identity in person before granting a loan. Yours will be completed at our Chinatown office.
Representative example
S$2,000 repaid over 12 months
Shown at our standard rate — below the 4% per month maximum permitted by law. Your assessed rate is confirmed before you sign.
- Principal
- S$2,000.00
- Administrative fee 10% of principal, charged once at disbursement
- −S$200.00
- Cash you receive
- S$1,800.00
- Monthly instalment 12 payments; the final one is S$211.86
- S$211.87
- Interest 3.9% per month on the reducing balance
- S$542.43
- Total repayable
- S$2,542.43
- Total cost of borrowing
- S$742.43
The law protects you with a hard ceiling. Interest and all fees combined can never exceed the amount you borrowed. On this loan that ceiling is S$2,000.00.
Assumes every instalment is paid on time. Late payment adds a fee of up to $60 for each late month, plus late interest of up to 4% per month charged on the overdue amount only.
Why ABM Creditz
A licensed lender that explains itself clearly.
We believe borrowers deserve to understand exactly what they are signing up for — not buried in fine print, but explained directly by someone you can ask questions to. That is the standard we hold our team to.
Transparent communication
Terms are explained upfront, before you commit to anything.
Personalised assistance
Every enquiry is reviewed on its own circumstances, not a generic script.
Convenient process
Begin online or walk in to our Chinatown office directly.
Singapore-based team
Speak with people based here, who understand the local context.
Loan Products
Financing shaped to different circumstances.
Every applicant is different. These are the categories we assess enquiries against. Final eligibility, rates and amounts depend on individual assessment.
Loans
Business / SME Loan
Working capital for registered businesses and SMEs.
Suitable for: Registered Singapore businesses needing working capital
Learn more →
Loans
Consolidation Loan
Combine several obligations into a single monthly repayment.
Suitable for: Borrowers juggling several repayment dates
Learn more →
Loans
Foreigner Loan
Financing for work pass and employment pass holders in Singapore.
Suitable for: Valid work pass holders residing in Singapore
Learn more →How It Works
A straightforward process, from enquiry to disbursement.
A loan cannot be completed entirely online. Singapore law requires a face-to-face verification at our licensed premises before any money is disbursed.
-
01
Submit an enquiry
Share your loan requirements online or in person at our Chinatown office.
02
Speak with our team
A consultant walks through your circumstances and the options available.
03
Complete assessment
We review the information and documents provided as part of due diligence.
04
Receive your decision
You will be informed of the outcome and, where approved, the proposed loan terms.
05
Verify in person & sign
Visit our Chinatown office for identity verification. We explain every term in a language you understand, you receive a copy of the contract, and funds are disbursed only after signing.
Approval is not guaranteed and is subject to assessment. Actual terms are confirmed only in the final signed loan agreement. Be cautious of any lender willing to disburse a loan without meeting you: that is not lawful in Singapore.
Loan Calculator
See an estimated repayment in seconds.
Adjust the loan amount, interest rate and tenure to see an illustrative monthly repayment, calculated on a reducing balance basis. What you may actually borrow is capped by your income — see fees and borrowing limits.
$10,000
$1,000$100,000
4.00%
1% 4% (regulated cap)
24 months
3 months 48 months
Estimated monthly repayment
$655.87
Admin fee (up to 10% of loan amount) $1,000.00
Total interest$5,740.84
Total repayment$15,740.84
Net amount disbursed$9,000.00
Capped at the regulated maximum. Total charges have been limited to the loan principal, as required by the Moneylenders Rules. Over this tenure, interest would otherwise exceed what a licensed moneylender may lawfully charge.
Illustrative estimate only. Actual interest rates, fees, repayment amounts and loan terms are subject to assessment and the final agreed loan agreement. It does not constitute a loan offer and does not imply guaranteed approval.
Fees & Limits
Exactly what a licensed moneylender may charge.
These caps are set by the Ministry of Law and apply to every licensed moneylender in Singapore, including us. No licensed lender may charge more, whatever your income or credit history.
4%
Interest, per month
Calculated on the balance you still owe, not the original amount. As you repay, the interest portion falls.
10%
Administrative fee
Charged once, when the loan is granted, and deducted from the amount disbursed. There is no separate processing fee.
$60
Late fee, per month
Only if a repayment is missed. Late interest of up to 4% may also apply, but only on the amount actually overdue, never on the rest of the loan.
Total
Charges cannot exceed your principal
Interest, late interest, the administrative fee and late fees added together can never exceed the amount you originally borrowed. Borrow $5,000 and total charges stop at $5,000.
How much you may borrow
For unsecured loans, the Ministry of Law sets the maximum you may hold across all licensed moneylenders combined, not per lender. Secured loans and business loans are not subject to these limits.
| Your annual income | Citizens & PRs | Foreigners residing here |
|---|---|---|
| Below $10,000 | $3,000 | $500 |
| $10,000 to below $20,000 | $3,000 | $3,000 |
| $20,000 and above | 6x monthly income | 6x monthly income |
Meeting these limits does not entitle you to a loan. We assess affordability independently and may offer less than the regulatory maximum, or decline, where repayment would be a strain. Existing borrowings with other licensed moneylenders are visible to us through the Moneylenders Credit Bureau.
Been offered a loan by SMS or WhatsApp?
Licensed moneylenders are prohibited from advertising that way. If you were contacted out of the blue, it was not from a licensed lender, and it was not from us.
Reviews
What our borrowers say.
Unedited reviews published on our Google Business Profile.
4.9 1,172 Google reviews
Ms Rachel provided top-tier assistance during my recent loan application. Her professionalism, clear communication, and attention to detail ensured a perfectly smooth transaction. Very impressed with her work! Thank you!
Znrh Axmn 2 months ago Customer with them for a long period of time. Never failed or disappoint me in my financial needs. Thank you all the staff in abm for the help especially Alvin 😊 If anyone out there need loan can find them definitely won't disappoint you.
Joanna Ho 3 months ago I had a great experience with ABM Creditz. The staff who assisted me was Max. He was very easy to deal with, responsive, and the whole process was fast and smooth. Everything was explained clearly. Highly recommended.
Muhd Rais 6 months ago Excellent service. They do make you feel comfortable by being upfront and clear about the T&C of getting a loan. It’s good that they are around.
David Chia 3 months ago Helpful staff. Willing to help me solve the issue. Will return if needed. People in need of loan can use this shop.
Daniel Tan a month ago Reviews are published on Google and shown here unedited. Read them on Google (opens in a new tab) →
Insights
Straight answers on borrowing in Singapore.
Practical, plain-language articles on loans, repayment and money management, written to help you make an informed decision.
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Frequently asked questions
Questions we are asked most often.
How does licensed moneylending work in Singapore?
Licensed moneylenders in Singapore are regulated by the Registry of Moneylenders under the Ministry of Law and must follow rules on interest rates, fees and lending conduct. ABM Creditz operates under Moneylender Licence No. 46/2026.
Who can apply for a loan?
Applicants are generally between 21 and 65 years old. Singapore Citizens, Permanent Residents, and foreigners legally working here may apply, subject to individual assessment. Meeting general criteria does not guarantee approval.
What documents may be required?
Typically identification (NRIC, FIN or passport) and proof of income such as payslips, CPF statements or a Notice of Assessment. Additional documents may be requested depending on your application.
How long does the application process take?
Timelines vary with the completeness of your application and documents. Bear in mind that a visit to our office for face-to-face verification is required before disbursement, so the final step depends on when you are able to come in. Our team will keep you informed at each stage.
What interest rates and fees apply?
Interest is capped at 4% per month by the Ministry of Law and is calculated on your outstanding balance, not the original loan amount. A one-time administrative fee of up to 10% of the principal is deducted when the loan is granted. If a repayment is missed, late interest of up to 4% per month may apply to the overdue amount only, plus a late fee of up to $60 per month. Interest, late interest, the administrative fee and late fees added together can never exceed the principal you borrowed. Your actual rate depends on assessment and is confirmed in the signed loan agreement.
How much can I borrow?
For unsecured loans the limit is set by your income and applies across all licensed moneylenders combined: $3,000 if you earn under $10,000 a year ($500 for foreigners), $3,000 if you earn between $10,000 and $20,000, and 6 times your monthly income if you earn $20,000 or more. Secured loans are not subject to these limits. We may offer less than the maximum where repayment would be a strain.
Do I have to come to your office?
Yes. Singapore law requires face-to-face identity verification at a licensed moneylender's approved place of business before any loan is disbursed. You can start online, but no lender can lawfully complete and disburse a loan entirely remotely. We are at People's Park Complex, a short walk from Chinatown MRT.
Will you contact me by SMS or WhatsApp with a loan offer?
No. Licensed moneylenders may only advertise through business directories, their own website, and signage at their premises. Any unsolicited SMS, WhatsApp, Telegram or social media message offering you a loan did not come from a compliant licensed lender, whatever name it uses.
Can foreigners apply?
Foreigners legally working in Singapore, including Employment Pass, S Pass and Work Permit holders, may be eligible subject to assessment.
Can self-employed individuals apply?
Yes, self-employed individuals and business owners may apply. Income documentation requirements may differ from salaried employees.
Can I consolidate existing debts?
We can discuss debt consolidation options as part of a personal loan assessment. Speak with our team to understand whether this suits your situation.
What happens after I submit an enquiry?
A member of our team will review your enquiry and reach out to discuss your requirements and next steps.
Location
Visit us in Chinatown.
- Address1 Park Road, #01-12 , People's Park Complex, Singapore 059108
A short walk from Chinatown MRT (NE4 / DT19), Exit C - Phone+65 6737 3392
- Emailhello@abmcreditz.com.sg
- Opening hoursMon – Sat, 11.00am – 7.00pm (closed Sundays)