Payday Loans in Singapore | Cash Advances for Any Expense
Running a little short on cash before your next payday? A payday loan in Singapore gives you fast access to cash, helping you cover urgent expenses when you most need it. Whether it’s a sudden bill or an emergency, our payday advance loans online boast a fast approval process so you get the funds you need exactly when you need them.
Get speedy payday loan approval in 15 minutes
Simple, no-hassle online application anywhere 24/7
Transparent terms, no hidden fees or surprises
Borrow with confidence from a trusted private money lender in Singapore
Find a flexible repayment plan for your payday advance loan
Looking for funds to tide over the month? Here’s how our payday loan can help.
What Are Payday Loans in Singapore?
- A payday loan is a short term loan that provides quick financial support for urgent, unexpected expenses.
- These loans are typically meant to be repaid by your next paycheck making them ideal for covering sudden costs without committing to a long-term financial obligation.
- With a simple application process and fast disbursement, payday loans in Singapore are ideal for those needing quick financial relief.
- You can apply for a payday loan online conveniently anytime, anywhere.
Why Should You Consider a Payday Loan in Singapore?
No Collateral Required
A payday loan in Singapore doesn’t require you to back it with assets like a car or house.
Immediate Financial Relief
A payday loan helps bridge financial gaps until your next paycheck, letting you manage sudden bills with ease.
Lesser Interest
Due to a payday loan’s extremely short tenure, the interest accrued on the loan is naturally lesser than larger personal loans with longer tenures.
Less Stringent Credit Criteria
Payday advance loans with money lenders are very accessible as they look at your ability to repay a loan, not your credit history. You can obtain a payday loan even without a spectacular credit rating.
Improve Credit Profile
When you get a payday loan in Singapore and repay promptly, there’s a chance of having a positive impact on your credit profile within your Loan Information Report.
Pay Off Any Unexpected Bill
A payday advance loan can be used to pay any expenses you wish, from emergencies, household bills, to even financing personal matters.
Benefits of a Payday Advance Loan with Dio Credit
Quick Approval
Apply for a payday loan online, and you could receive your funds within 24 hours.
No Hidden Fees
Our payday advance loans come with fully transparent terms. You’ll always know what to expect — no surprises, no hidden charges.
Low Rates
With a payday loan in Singapore online — apply effortlessly and get your funds quickly and affordably. Our rates go from as low as 0% to 3.92% monthly.
Licensed and Trusted
As a private online money lender in Singapore, we comply with all Singapore regulations, giving you peace of mind that you’re borrowing from a reputable source.
Easily Accessible
At Dio Credit, we make it easy to access payday advance loans online through our website — either via a simple form or Singpass Myinfo.
Tailored loan solutions
Every payday loan is customised according to a borrower’s financial requirements and repayment ability.
Eligibility & Requirements for a Payday Loan
Get easy access to a payday loan in Singapore online. All you need to do is meet the requirements below, prepare the relevant documents, and you’ll get the funds in as quick as in a day.
For Salaried Employees
Citizenship: Singaporean & PRs
Age: 18 and up
Employment Status: Part-time or Full-time
Documents needed:
- NRIC/FIN/Passport
- Latest 3-month company payslip
- Latest 3-month CPF statement
For Commission-based Employees
Citizenship: Singaporean & PRs
Age: 18 and up
Employment Status: Self-employed or Full-time
Minimum criteria:
- Agents working in real estate or insurance are eligible for application
- Working in a legitimate company
For Individuals Who Are Self-Employed
Essential Documentation:
- NRIC
- Income proof (e.g. latest 3 months’ bank statements, computerised income slips or commission statements)
- Recent 2 years’ income tax assessment
For Foreigners
As long as you are residing and working in Singapore, you are welcome to apply for a payday advance loan with Dio Credit:
Age: 18 and up
Essential Documentation:
- Employment proof: A valid Work Permit, E-Pass, or S-Pass
- Passport
- Residential address proof (e.g. tenancy agreement or utility bills)
- Latest 3-month payslips
Obtain Your Payday Loan in 3 Easy Steps
1. Submit Your Application
Visit our website and apply for a payday loan online or reach out to us at 6250 1000 to set an appointment date.
2. Visit Our Office to Finalise Contract
Come down to our conveniently located Ang Mo Kio office to meet our loan consultant and sign the contract.
3. Retrieve Funds Instantly
Once your payday loan has been approved, your funds are disbursed immediately, either through cash or a bank transfer.
Payday Loans in Singapore — Commonly Asked Questions
What is a payday loan?
A payday loan is a short term loan designed to help cover unexpected expenses before your next paycheck. It’s quick, convenient, and ideal for handling emergencies.
How do I know if I need a payday loan?
If you’re facing sudden expenses and need fast cash, payday advance loans can be a good option. It’s best suited for short term needs, like emergency repairs or bills.
Why a payday loan in Singapore may come in handy
When unexpected expenses arise, a payday loan could be the quick and convenient solution you need. Here are some examples where a payday loan could be the right choice:
- Urgent Car Repairs: If your car breaks down unexpectedly, getting it repaired might be essential to keep up with daily responsibilities. A payday loan lets you cover repair costs immediately and pay it off when you receive your next paycheck.
- Medical Expenses: Health issues can creep up unexpectedly, and a payday loan in Singapore provides the means to cover medical bills without delay.
- Unexpected Bills: Be it insurance renewal premiums or other pressing bills, payday loans help cover these expenses, so you don’t have to worry about late fees, lapses or service disruptions.
- Household Repairs: Whether it’s a plumbing emergency or a broken appliance, payday loans give you quick access to cash for essential household fixes.
How do I know if I’m eligible for a payday loan?
If you live in Singapore, are over 18 years old, and are employed (full-time, part-time, or self-employed), you are eligible for a payday loan in Singapore.
What’s the maximum loan amount I can get?
The amount you can borrow for your payday loan in Singapore depends on your income. Typically, you may borrow a sum that’s up to the amount you earn monthly.
What makes a payday advance loan different from other loans?
A payday loan in Singapore is unsecured, meaning no collateral is needed. It also has a very short repayment period, providing quick access to cash when you need it most. While payday loans usually come with higher interest rates, we offer a competitive rate of 0-3.92% per month, ensuring a fair and affordable option for people with urgent financial needs.
I’m keen to apply! Where do I start?
Simply visit the Dio Credit website and complete the application for your payday loan online. You can also apply in person or get in touch with one of our friendly loan experts.