About 1HourLoan
1HourLoan is an independent platform to match prospective borrowers to recommended trustworthy licensed moneylenders in Singapore - all of which registered with the Ministry of Law. Please note we do not operate as a moneylender, and thus, we do not offer any loan. In addition, we are not advertising or representing any moneylenders.
Our Simple 4-Step Process
Decide How Much to Borrow
Fill out your application online by clicking this link! Information you need to provide: Monthly income and a few simple details about yourself.
Get Cash Loan Offers Instantly!
Our platform will match you with the best interest rates from licensed moneylenders. All in all, you can get an immediate attractive cash loan offer!
Schedule a Visit to Get Your Loan!
Show the QR code provided and get entitled to special interest rates offer at your preferred moneylender’s office.
Pay Recommendation Fees
Upon successful loan issued from the lender, kindly transfer the loan matching fee ($20) via the link provided.
(Promotion Period: All Recommendation Fees are waived)
Important Note: The following information provided is of a general nature only and does not take into account your specific objectives, needs and financial situation. This information may not be appropriate to your individual needs. You should seek advice from your adviser before making any financial decisions.
Fast Facts on Loans:
| Minimum and Maximum Period for Repayment | 2 to 12 months |
| Interest Rates | 1 - 4% (per month) or 12 - 48% (Annual Percentage Rate) ** |
| Upfront Service Fees | Up to 10% of the Value of Loan |
** based on monthly reducing interest rate.
Representative Example:
| Loan Amount | $1,000 |
| Loan Period | 12 months |
| Interest Rate for Loan | 4% per month (48% APR) |
| Upfront Service Fee | $100 |
| Repayment Period | 12 months |
| Total Fees to Pay | $378.62 (Includes Loan Interest and Service Fee) *** |
*** You will still need to pay back the amount borrowed. Late Payment interest (applicable if repayment is late) is excluded from this amount as well.
Please note that 1HourLoan is a matching platform that works as an independent body to match borrowers to lenders with the most suitable offers in Singapore. As such we do not advertise for or represent any moneylenders.
Praise for our trusted licensed moneylending partners
Compare Interest Rates for Your Loan Now
About Us
1HourLoan is the fastest way to compare interest rates from licensed moneylenders in Singapore.
We are not a moneylender but provide a way for borrowers to get the most competitive interest rates for loans from licensed moneylenders.
Please note that 1HourLoan is a matching platform that works as an independent body to match borrowers to lenders with the most suitable offers in Singapore. As such we do not advertise for or represent any moneylender, and we are not a moneylender. We do not offer any loans directly, over the phone or at our office or otherwise. All loans are provided by our subscribing licensed moneylenders. Your quote offered on this website is non-binding and will only be finalized when you sign the loan documentation at the office of your selected licensed moneylender(s).
