Payday Loan

PAYDAY LOAN - CASH LOAN

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A payday loan is a small loan that you could use to help you manage some need that cannot wait at all. This type of loan is expected to be repaid on your next payday upon receiving your next salary.

For salaried employees or those who are expecting to be paid soon for completed work, a monthly instalment payday loan is an attractive option when you require a small amount of money to manage an unexpected or urgent need for cash. Putting off or delaying the pressing requirement until the next payday might not be an available choice.

The only option then would be to find a source of funds for a monthly instalment personal loan in Singapore. Getting a payday loan from licensed moneylender in Singapore might be a good option if you are confident of being able to meet the repayment requirements on your next payday.

Typically, a licensed moneylender like Aero Credit takes only a short while for the assessment. We will need to check if your employment terms and credit rating make you eligible for payday loans in Singapore. We are able to provide instant payday loans for individuals in Singapore who need cash on an urgent basis.

Whatever concerns you have about getting a payday loan from approved money lender in Singapore, you can count on our team  to address them.

FAST CASH LOAN IN SINGAPORE

When you get payday loans from our company in Singapore, you can avoid situations where you are told your credit rating is not good enough for a loan at the bank. That can be extremely agonising and stressful – especially when you need money urgently. To avoid this issue, use our Online Enquiry service to learn if you are eligible for a loan — it is easy and it is fast.

In need of an urgent cash loan in Singapore to help you cover your immediate cash needs until you receive your next paycheck on your payday. Hence, a payday loan.

In some circumstances, delaying or putting off the payment might not be an available choice; hence a monthly installment payday loan is a viable option when one requires a small amount of money to manage an unexpected situation where there is an urgent need for cash.

Aero Credit is a payday loan moneylender that offers quick cash loans in Singapore to help our customers who are facing such situations and are in need of a fast cash loan in Singapore.

Payday loans generally require a shorter time period to get the loans approved as we will only need to check up on your employment terms and credit score to approve your fast payday loan money in Singapore. Payday loans enable our customers to receive instant and fast cash to solve their urgent matters in Singapore.

Payday loans in Singapore will benefit those who need a quick injection of cash to ease up their current cash flow problems. This is a great option for those who are confident in meeting the next payday loan deadline.

As a licensed money lender online, we would need verification as well as proof that you are able to make safe and manageable loans. For more information and to enquire about your eligibility when applying for a loan, reach out to our professional and supportive staff for a quick payday loan. Also, check out our online enquiry to check your eligibility for a loan.

If you would like to know more about this service, please click here for more articles.

Frequently Asked Questions

A payday loan is a small borrowing that you might take out to help you meet an immediate requirement. This form of loan is meant to be repaid on your next payday once you receive your next pay check.

Financial crisis are unavoidable and can occur at any time. That’s why Aero Credit offers the best and quick cash loan or payday loan in Singapore. So, if you need fast payday loans in Singapore right now, consider Aero Credit as a solution to get your salary in advance. To avoid late charges, you must repay the borrowed funds when you receive your next salary.

The amount of loan you can borrow and the repayment duration are the huge variations between a personal loan and a payday loan.

  • A personal loan allows you to borrow up to six months’ worth of earnings and make monthly payments until the loan is paid off.
  • A payday loan is a short-term loan that allows you to borrow up to one month’s salary and repay it within a month.

Payday moneylender will assist you completely about your fast payday loan money. The loan application procedure is simple and quick. Within an hour, or upon signing the contract at our office, you will receive your borrowed funds. You can also apply in Aero Credit online moneylender in Singapore for payday loan.

For the loan taken, there will be an admin fee of up to 10%. For payday loan repayment, there will be the principle amount, including the interest of 4%. Payday loan will be payable in the next month.

For example, for a loan amount of $10,000, there will be an admin fee of up to 10% and an interest rate of 4%. This mean that your total payable amount will be a total of $10,400.

If you are considering to obtain the payday loans in Singapore you need to ensure that you will be capable of meeting the repayment obligations on your next payday. If that’s the case, obtaining a payday loan from a certified moneylender in Singapore may be a viable option.

Singaporean / PR:

Under the Ministry of Law, if your annual salary falls below $20,000, the maximum cap for the amount you can borrow is $3,000. If your annual salary is above $20,000, your maximum cap is 6 times of your annual salary.

Foreigners:

Under the Ministry of Law, if your annual salary falls below $10,000, the maximum cap for the amount you can borrow is $500. If your annual salary falls between $10,000 to $20,000, the maximum cap for the amount you can borrow is $3,000. If your annual salary is above $20,000, your maximum cap is 6 times of your annual salary.

Business Loans:

There are no caps on business loans. For more info please refer to Ministry of Law’s website here.