GM Creditz Pte Ltd is a licensed moneylender (License No. 102/2020) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

Payday Loan

Sometimes our bills & emergency expenses can’t wait for the next payday. Good thing there’s an emergency quick cash advance when you’re on a tight budget.

  •  Get money fast
  • Low-interest rates from 1 to 4% only 
  • No credit score checking

GM Creditz’s Payday Loan lets you borrow up to a month’s worth of your salary in the event of a financial urgency. This plan is designed to alleviate your short-term financial crisis through quick cash assistance and can be conveniently paid on your next paycheck. 

Application Process

Apply For a Loan in 3 Easy Steps

Step 1

Call or Apply Online

Skip the lines and apply online using our dedicated online facility. You may also talk to our loan officer at 6588 1886.

STEP2 GM Creditz Loan

Attend In-Person Consultation

Our loan officer will schedule an appointment for you further to discuss the terms and conditions of your loan plan.

step3 GM Creditz Loan

Get Your Money

Receive your money in cash as soon as the agreement has been signed



At Least 18+Years Old


Minimum Salary Of
SGD1,500 For Local & PR

Best SME Start Up & Business,Loan Solutions in City Hall Singapore

Minimum Salary Of
SGD2,000 For Foreigner

Documents Requirements

Singapore Park

Local and Permanent Residence

  • Identity card
  • Proof of residence (utility bill, a letter addressed to you, and or tenancy agreement)
  • Proof of employment (certificate of employment if your job is less than 3 months)
  • Recent 3 months payslip
  • SingPass (log into CPF, HDB, IRAS website)


  • Passport
  • Work Permit / S-Pass / Employment Pass
  • Proof of residence (utility bill or tenancy agreement)
  • Proof of employment (certificate of employment if your job is less than 3 months)
  • Recent 3 months payslip
  • Proof of income (bank or account statement)
  • SingPass (log into IRAS website)
Monthly Loan

What Our Clients Say About Our Services

Recent Reviews on

Recent Reviews on Google

Every transaction is smooth. The staff are very accommodating and kind. The company has always been considerate. Best one!

Teresita Luza Avatar
Teresita Luza

I always have pleasant conversation with the staff. They are very accomodating. I trust their security on personal data. Very compliant on governement policies. Highly recommended.

Gerald Aguilar Avatar
Gerald Aguilar

Cassie Teo is very friendly and accomodating. Fast and flexible in processing. Never expected to be catered well with her kind gesture. Everything was in ease.

Rowena Sugpatan Avatar
Rowena Sugpatan
A lady watching to her phone

Borrow With Ease!
Apply Now!

Payday Loan FAQ

A payday loan in Singapore is here to help ease your financial burdens. They are a good option for dealing with unexpected emergencies like a medical bill, worn down vehicle or even as a financial help when you need them.

Payday loans are a cash advance, a quick personal loan meant to cover an emergency that you have faced before your payday pays out or the next paycheck arrives.

GM Creditz’s Payday Loan lets you borrow up to one month’s worth of your salary in the event of a financial emergency. This plan is designed to alleviate your short-term financial crisis and must be paid on your next paycheck.

If you find yourself short on cash or tight on a budget this month, opting for a payday loan is an option if your bills and emergency expenses can’t wait for your salary. As simple as it is, it works by borrowing money from us and paying back when you receive your next paycheck.

The key differences between a payday loan and a personal loan are the amount of the money you can borrow and the tenure payment plan.

A payday loan allows you to borrow up to one month’s worth of your salary and must be paid back in less than a month. 

On the other hand, a personal loan allows you to borrow up to six months’ worth of your salary and lets you pay monthly until the loan is paid off.

The monthly payment depends on the terms and conditions of your payday loan or personal loan contract, interest rate, monthly salary, processing fees, and repayment capabilities.

Rest assured that there are no hidden charges being imposed by GM Creditz. We take honesty and transparency seriously and discuss all the fees before you sign the contract.

Aside from GM Credit’s fuss-free application process and excellent customer service, we also take pride in our comprehensive payday loan plan and personal loan plan for your immediate financial needs. When getting a payday loan from us, you’ll get the following advantages:

  • Fast release of money
  • Low-interest rates from 1 to 4% only 
  • No credit score checking
  • Borrow up to one month’s worth of income

GM Creditz follows the Singapore Ministry of Law required charges and expenses. In accordance with the Singapore Ministry of law, the following are the applicable fees being charged to our clients: 

  • 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 a moneylender on any payday loan in Singapore, consisting of interest, late interest, upfront administrative, and late fee also cannot exceed an amount equivalent to the principal of the loan.

Meanwhile, the permitted maximum interest rate we charge 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 payday loans on time, the maximum rate of late interest a moneylender can charge is 4% per month for each month the loan is repaid late.

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

Generally speaking, for secured loans, you can obtain a loan of any amount. For unsecured loans like personal loans, please refer to the table below for the total maximum amount that you may borrow: 

Borrower’s annual income

Singapore Citizens and Permanent Residents

Foreigners residing in Singapore

Less than $10,000



At least $10,000

and less than $20,000


At least $20,000

6 times monthly income

6 times monthly income

Applying for GM Creditz’s payday loan is easy and straightforward as long as you have your complete set of documents and information. The application will be processed in less than an hour.

After applying online or calling from the comfort of your home, our loan officer will schedule an in-person appointment to discuss the terms of your loan plan. You will receive the borrowed money on the same day as soon as the agreement has been signed.

Yes, your borrowing limit may differ from one another. Whether you’re a self employed individual or working on corporate companies in Singapore, banks can allow you to take out loans for a much longer tenure, but the process of releasing the money takes time.

If you need more funding, you may opt for our personal loans, which allows you to loan up to 6 months’ worth of your salary to be repaid by monthly payment.

To get the best payday loan rates in Singapore, you may check payday loans comparison sites online to weigh in your options. 

Please note that the interest rates depend on the loan plan you are applying for. Compared to unsecured loans, secured loans will have lower interest rates and can offer you a higher amount of money. 

Having collateral such as properties, real estate, bonds, collections and other items and objects of value can also help you lower your personal loans effective interest rates.

GM Creditz offers the lowest possible interest rates, in accordance with the Ministry of Law, ensuring you that we practice legal lending and help our clients also practice responsible borrowing by helping you manage the best loan plans suitable for your objectives, budget, and repayment capability. 

If you wish to see our clients’ testimonials, please visit our Reviews page. You may also apply online or call us for further details.

For GM Creditz’s payday loan, the repayment period is on or before your next paycheck, within one month.

GM Creditz offers the best payday loans in the City Hall of Singapore. Our office is conveniently located near MRT City Hall and opposite Peninsula Plaza Bus Stop. 

Address: 111 at North Bridge Road #01-41 Peninsula Plaza Singapore 179098

Operating Hours: Mon-Fri: 11:00am – 9:00pm | Sat-Sun: 11:00am – 6:00pm 

GM Creditz payday loans are designed to ease your financial emergencies. Whether you’re a self-employed individual working in corporate offices, we make sure to give you the cash that you need immediately, in as short as a few days.

We are proud of our competitive payday loans that adhere to the Moneylenders Act. And we only impose the required and permitted fees and interest rate and make sure to customize the payday loans accordingly.

Moreover, the ultimate of the payday loans is to help you with your financial difficulties, not to add burden to your financial trouble. Take it from our clients’ verified reviews on Loan Advisor, Google Reviews, and Business Listings, that can attest to our promises and core values — professional, efficient, and client-oriented. 

We look forward to serving you.

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