Personal Loan

For personal needs. This loan can be used for home renovation, medical emergency, or that once-in-a-lifetime vacation.

Request a Free Loan Quote

Credit 21’s personal loan is an unsecured loan that can cover your needs as well as your little pleasures. With the loan amount up to 6 times of your salary, this personal loan in Singapore can provide you the loanable amount which can surely help sustain your needs or help fulfil your wishlist.



Call or Apply Online

Apply from the comfort of your home with a few clicks using our online facility. You may also reach us at 6777 1887


In-Person Consultation

Our consultant will schedule an appointment for you to further discuss the requirements of your loan plan.


Receive Your Cash on the Same Day

Get your cash loan as soon as the agreement has been signed, efficient and quick deal.



Feel Free to Borrow Anytime!

It just takes 5 minutes to
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get FREE loan quote! 


Most frequent questions and answers

A personal loan is an unsecured loan that can lend you up to six months’ worth of your salary and can be paid back by monthly instalment. The monthly amount of payment depends on the terms and conditions of your loan contract. 

Fortune Credit can assure borrowers that these personal loans in Singapore are tailored to each client’s needs and demands. There are no extra charges or hidden fees being imposed by Fortune Credit with. All interest rates and fees will be thoroughly discussed upon signing the contract. 

Here are some helpful ways a personal loan can help you:  

  • Paying off credit cards or debt
  • Availing home improvement products and services
  • Funding travels
  • For overall health and wellness
  • Paying for education
  • Planning for wedding
  • To avoid loan scams, the first thing that you must check is to verify if the moneylender that you are looking for is a licensed moneylender registered with Singapore’s Ministry of Law.

    Next,compare the best loan offers according to your budget and repayment capability.

    Don’t forget to check the customer satisfaction reviews on Loan Advisor and Google Reviews to check the customer satisfaction reviews.

All licensed moneylender that is offering personal loan in Singapore is only permitted to impose the following charges and expenses on personal loans or other types of loans:

  • A fee not exceeding $60 for each month of late repayment;
  • A fee not exceeding 10% of the principal of the loan when a loan is granted; and 
  • Legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.

The total charges imposed by licensed moneylenders on personal loans in Singapore, consisting of interest, late interest, processing fee or upfront administrative, and late fee also cannot exceed an amount equivalent to the principal of the loan.

Meanwhile, the maximum interest rate that a licensed moneylender can charge for personal loans in Singapore is 4% per month, regardless of the borrower’s income and whether the loan is an unsecured or secured one. 

If a borrower fails to repay the personal loans on time, the maximum rate of late interest that a licensed moneylender can charge is 4% per month for each month the loan is repaid late.

The computation of interest charged on the personal loans must be based on the amount of principal remaining after deducting from the original principal the total payments made by or on behalf of the borrower which are appropriated to the principal. 

The late interest rate can only be charged on an amount that is repaid late. The licensed moneylender cannot charge on amounts that are outstanding but not yet due to be repaid.

For best personal loans offered by Fortune Credit, each best personal loan can lend you up to six months’ worth of your income. Depending on your assessment and requirements, we always give the best optimal amount of loan to our clients.

To further explain, you can loan any amount with secured loans. For unsecured loans, please refer to the table below:

Borrower’s annual incomeSingapore Citizens and Permanent ResidentsForeigners residing in Singapore
Less than $10,000


At least $10,000and less than $20,000$3,000
At least $20,0006 times monthly income6 times monthly income

The application process at Fortune Credit is swift and efficient. Whenever you apply for a personal loan with Fortune Credit, you will receive your borrowed money within an hour, or upon the signing of the contract in our office. Upon signing the contract or during the interview, charges like interest rate, processing fees, and other fees will be thoroughly discussed, any questions regarding these fees will be answered by our friendly and professional loan officers.

The differences between a personal loan and a payday loan are the loan amount you can borrow and the repayment period.

A personal loan allows you to borrow up to six months’ worth of your salary and let you repay monthly until the personal loan amount is paid off.

On the other hand, a payday loan allows you to borrow up to only one month’s worth of your salary that must be paid back in less than a month. 

However when it comes to charges like interest rate, processing fee, and other charges. Both follow the same protocols as regulated by the Ministry of Law. These charges like interest rate and processing fees can be found on the Ministry of Law website.

Yes. Banks can allow you to borrow a bigger loan amount for much longer tenure with a different interest rate. The downside is that the process of releasing the money takes more time. 

Fortune Credit can give you the loan amount with minimal interest rate, usually, in just only an hour with a much easier loans application process, low-interest rate, and no hidden charges.

Yes. However, your application will still be subject to evaluation to make sure that you don’t over-borrow and suffer from financial difficulties. 

Note: Unlike banks, Fortune Credit does not check credit scores when approving your personal loans, instead we evaluate your ability to repay the loan.

What We Evaluate Are the Following: 

  • Ability to repay the personal loan
  • Certificate of employment
  • Proof of income
  • Other identification papers

Aside from our excellent customer service, minimal interest rate and processing fee, the following are the benefits of Fortune Credit’s personal loan:

  • Low-interest rates from 1 to 4% only 
  • Flexible payment terms
  • Unsecured loan – No collateral/pledging of assets needed
  • Borrow up to 6 times worth of monthly income

Please note that whenever you apply for a personal loan, there are also disadvantages that you need to consider. We listed the following:

  • You may over-borrow. If you need only a 1 month’s worth of your salary, you may opt for a payday loan for a quick cash advance
  • You may also be enticed to consolidate all your debts. Responsible borrowing is borrowing only what you can afford to pay back.
  • Being not able to pay back the personal loan will incur interest rates and late payment fees aside from the one-time processing fees, this can turn into a debt cycle.