Have other moneylenders turned you away — even when you urgently need help? You’re not alone. Many borrowers in Singapore find themselves unable to secure additional loans once they’ve taken out existing loans with other lenders.
At i-Credit, we specialise in helping those rejected by other moneylenders, including borrowers with existing loans who still need emergency financial support.
What Constitutes "Bad Credit" in Singapore?
Bad credit typically refers to:
- Late payment history on loans
- Defaults or charge-offs on previous accounts
- Bankruptcy or debt restructuring in your financial past
Even a single missed payment can impact your score for years, but this doesn’t mean you should be denied access to emergency funding when life throws unexpected challenges your way.
Can Someone with Bad or low Credit Get a Loan in Singapore?
Yes, it is possible. i-Credit, a licensed moneylender in Singapore, specialises in helping individuals who have been rejected by other moneylenders — whether due to outstanding loans, perceived risk, or credit restrictions.
We understand that life doesn’t pause just because you’ve borrowed before. Our goal is to assess your current ability to repay, not simply the number of loans you’ve taken.
Who We Help
We serve a wide range of clients, including:
- Individuals with past loan defaults, bankruptcy, or debt restructuring
- Freelancers, gig workers, and contract staff without traditional pay slips
- People turned away by other licensed moneylenders
- Borrowers who already have loans with other moneylenders but cannot secure new credit
Struggling With Multiple Loans or Rejections from Other Lenders?
Even if you already have loans with licensed moneylenders, it doesn’t mean you’re out of options.
We don’t automatically disqualify you just because you’ve borrowed elsewhere. We take the time to look beyond system flags and evaluate real-life repayment capacity.
What Happens When You Have Bad Credit in Singapore?
Having a poor credit history in Singapore can create significant financial limitations that impact your daily life and long-term financial goals. Understanding these challenges helps you make informed decisions about managing your financial situation.
Daily Financial Decision Changes When you’re dealing with a credit blacklist in Singapore, everyday financial choices become more complicated:
- Cash-dependent lifestyle due to limited credit access
- Planning is required for major expenses without credit backup
- Higher costs for financial services due to perceived risk
- Emergency fund pressure as credit options become unavailable
What Happens When You Have Bad Credit in Singapore?
Having a poor credit history in Singapore can create significant financial limitations that impact your daily life and long-term financial goals. Understanding these challenges helps you make informed decisions about managing your financial situation.
Daily Financial Decision Changes When you’re dealing with a credit blacklist in Singapore, everyday financial choices become more complicated:
- Cash-dependent lifestyle due to limited credit access
- Planning is required for major expenses without credit backup
- Higher costs for financial services due to perceived risk
- Emergency fund pressure as credit options become unavailable
How to Apply for a Bad Credit Loan in Singapore
Getting an urgent loan even with bad credit doesn’t have to be stressful or complicated. Our streamlined process makes it easy to apply for a bad credit loan in Singapore with confidence, knowing exactly what to expect at each step.
Getting started is fast, private, and hassle-free.
Step 1: Online Application
Fill out our secure online form in just a few minutes. You’ll need:
- Basic personal details
- Employment and income information
- Your loan amount and repayment preference
- (Optional) Documents related to your emergency — e.g., vet bills, medical receipts, or repair quotes
Step 2: Rapid Assessment
Once submitted:
- Our team reviews your application immediately
- We assess your current financial situation (not just credit score)
- You’ll typically receive a loan offer within 1–2 hours during business hours
Step 3: Visit Our Office
We’ll schedule a brief appointment where you’ll:
- Verify your identity and documents
- Discuss loan terms and repayment options
- Sign your agreement if you’re ready to proceed
Step 4: Same-Day Disbursement
Once approved:
- Receive your funds on the same day
- Choose cash or bank transfer
- Use the loan immediately for medical needs, urgent bills, or other pressing expenses
Step 1
Fill out an online application form.
Step 2
Once approved. We inform you of the amount you can loan.
Step 3
Visit us to discuss repayment plans.
Step 4
Collect your loan amount.
