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 Moneylender Personal Loan Jurong West

Licensed Moneylender Near Jurong West

Jurong West is a planning area and a residential town that caters to a working-class population. Aside from being a manufacturing hub, it is also known for Jurong Point, a large regional shopping mall. 

GM Creditz has a wide range of financing options and fast cash loans for both residents and travelers alike.

Advantages of Taking a Personal Loan With Money Lender

The advantage of applying for a personal loan with a moneylender can be seen in its difference with banks and other financing institutions.

  • Licensed moneylenders do not require a high credit score, although it will help to have a good one. Banks, on the other hand, will require this almost every time for any loan application.
  • They are less stringent with criteria and requirements. For example, they have a lower minimum annual income requirement compared to banks. They will also require less documents than banks.
  • They have a faster application and approval process. This usually takes several business days in banks; for moneylenders, this will take as fast as 1 hour. You may also get your cash disbursement on the day of approval itself.

Steps of Applying for a Personal Loan

First, you need to meet the eligibility criteria:

  • At least 18 years old
  • Singapore resident/PR or Foreigner
  • With a minimum salary of SGD 1,500 for local and permanent residents and SGD 2,000 for foreigners

After meeting the criteria, you need to bring the required documents with you on the date of application:

For local and permanent residents

  • Identity card
  • Proof of residence
  • Proof of employment 
  • Recent 3 months payslip
  • SingPass to log in to CPF, HBD, and IRAS website

For foreigners

  • Passport
  • Work Permit
  • Proof of residence
  • Proof of employment 
  • Recent 3 months payslip
  • Proof of income
  • SingPass (to log into IRAS Website)

There are a few things that you should note in your application. 

First, your maximum loan amount depends on your monthly/annual salary. If your annual salary is at least SGD 20,000, you can loan up to 6 times of your monthly salary. If your yearly salary is at least SGD 10,000 but less than SGD 20,000, you can still borrow up to SGD 3,000.

Second is that moneylenders have their differences when it comes to criteria and required documents, so it is important to inquire with the licensed moneylender of your choice and ask for details.

How Can GM Creditz Help You?

With our motto “borrowing money made easy”, GM Creditz offers legal, quick and affordable loan plans for your financial needs. 

Being established in 2009, we are one of the most reputable moneylenders in Singapore, which means that you can expect excellent service from us, as attested by our previous clients in their feedback. 

We aim to cater every client in need, regardless of credit scores, nationality, and income. Lastly, we provide a fair and transparent service aimed at making you feel comfortable and safe in your loan transaction.


Applying for a licensed moneylender personal loan is an option that proves safety and comfort that other financial institutions, such as banks, provide. 

However, moneylenders offer a less stringent and more relaxed approval process, aimed at quickly helping clients get a fast cash loan.

GM Creditz is always here to give a legal and hassle-free loan application experience. Contact us at 6588 1886, or you may send us an email at [email protected]. You can also visit our office at 111 North Bridge Road #01-41 Peninsula Plaza Singapore 179098

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