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GM Creditz Pte Ltd is a licensed moneylender (License No. 101/2021) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

Licensed Money Lender Personal Loan Ang Mo Kio

Licensed Money Lender Personal Loan Ang Mo Kio

Ang Mo Kio is a Hokkien phrase that literally means “red-haired man’s bridge”. The phrase was used to refer to a bridge over Kallang River, one that was built by a Straits Settlement surveyor named Johnson Turnball Thomson.

Today, it is very much loved and appreciated for its natural sceneries like the Bishan-Ang Mo Kio, Ang Mo Kio Town Garden, and Thomson Nature Park.

In the event that you need financial assistance while you’re in the area, looking into loans can be a lifesaver. This is where GM Creditz comes in.

Types of Loans

Licensed moneylenders typically offer a few different loan types to their customers. That’s because every financial issue is different, and would therefore require unique solutions.

Listed below are 5 loans offered by GM Creditz:

#1: Personal Loan

A personal loan is a loan amount that you’re borrowing for any particular reason.

Here’s the maximum amount that you can borrow depending on your annual income and citizenship:

  • Less than $10,000: $3,000 for Singaporeans and permanent residents; $500 for foreigners
  • At least $10,000 but less than $20,000: $3,000 for Singaporeans, permanent residents, and foreigners
  • At least $20,000: Up to 6x monthly income for Singaporeans, permanent residents, and foreigners

#2: Business Loan

A business loan is a financing solution for eligible SMEs (small and medium enterprises) and business owners who need capital for the growth of their business.

To be eligible for a business loan, your business should be registered in Singapore, it should be running for at least one year, and it should have a minimum turnover of $60,000. You can get a loan amount of up to $200,000.

#3: Payday Loan

A payday loan is a loan that’s meant to alleviate a borrower’s short-term financial woes. As the name suggests, it’s a short-term loan that must be paid back on your next payday. The maximum loan amount that you can get is a month’s worth of salary.

#4: Monthly Loan

For those who have long-term financial obligations, GM Creditz’s affordable monthly instalment loan may be for you. This can be especially helpful if you want a surefire way to pay off your other debts. As it is offered under personal loans, the same requirements apply.

#5: Foreigner Loan

A foreigner loan is a loan that’s catered specifically to foreigners. It’s meant to help the foreign borrower adjust to Singapore living in the event that they end up short on funds.

To apply for a foreigner loan, the borrower must have a minimum monthly salary of $2,000.

How can GM Creditz help you?

Having been in this industry since 2009, GM Creditz has already garnered enough experience to help borrowers from all walks of life.

With our various loan plans, you can be sure that there’s at least one option that accurately matches your needs.

Conclusion

Running low on budget is indeed unfortunate. However, with GM Creditz, it doesn’t have to be.

As one of the best personal loan Singapore providers, we see to it that our customers always bounce back from hard times.

Contact us at 6588 1886 or [email protected] to inquire about the right loan type for your situation!

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