License No: 30/2020
Providing Financial Help Since 2007
Whether you need immediate funding for emergency purposes or desire dependable budget for your future plans, we got your back! Learn more about the loans we offer and which type of loan is suitable for your needs.
Come in for an appointment to create a customized plan that fits your needs and repayment ability.
Agree on terms, including the payments and permitted fees.
Once the contract is signed, you will receive your cash loan.
Get a quote from our friendly loan officers now.
Prior to borrowing money, it is important to consider the list of money lending companies registered with the Ministry of Law, to verify its legitimacy.
At Bugis Credit Pte Ltd you can be confident that you can get a fair amount of interest rates, as it adheres with the law. It offers flexible repayment terms suitable for the borrower’s budget and capability.
The amount of money you can loan varies depending on the requirement and qualification. Here’s the list of loanable amount Bugis Credit offers:
According to the Ministry of Law, the maximum interest rates a moneylender can charge is 4% per month for each month.
All moneylenders are only permitted to impose the following charges and expenses:
The total charges imposed by a moneylender on any loan, consisting of interest, late interest, upfront administrative and late fee also cannot exceed an amount equivalent to the principal of the loan.
You can verify if a moneylender is licensed by checking this list by the Ministry of Law.
Under the advertising rules, licensed moneylenders are permitted to advertise only through these two channels:
If you receive flyers, SMSes, emails or other forms of advertisements, these would be from either licensed moneylenders operating in violation of the rules, or unlicensed moneylenders.
You are advised to seek clarifications on specific terms of the loan contract before signing up with a licensed moneylender, and not to rely solely on the content of advertisements from the moneylender.
You should ensure that:
You can contact the Registry at telephone number 1800-2255-529.