FAQ
Learn More About Our Loans, Eligibility & Application Process
What types of loans does ABM Creditz Singapore provide?
We offer a wide range of financial services, including personal loans, debt consolidation loans, short-term loans, bridging loans, unsecured loans, and more.
Am I eligible for a loan?
Below are the basic requirements needed to apply for a loan with us: Anyone aged 21 years or above, Employed with a Full-time Job or Self-employed with a Notice of Assessment (NOA), Holding a valid NRIC or Work Pass (WP, SP, EP), Not an undischarged bankrupt, nor facing any bankruptcy proceeding
How much money can I borrow?
We provide both secured and unsecured loans. For unsecured loans, you can get: Annual income less than $20,000: Up to $3000 Annual income $20,000 or more but less than $30,000: Up to 2 months’ income Annual income $30,000 or more but less than $120,000: Up to 4 months’ income Annual income $120,000 or more: Up to 6 months’ income For secured loans, you may wish to contact us directly for a detailed breakdown.
What documents are required?
For Singapore citizens and Permanent Residents, you require:
- NRIC
- Proof of income (Bank or CPF Statement)
- Latest 3 months’ payslips
- Proof of residence (PUB or Phone Bill)
For a foreigner, you require:
- Valid employment pass (WP/SP/EP)
- Tenancy agreement
- Proof of residence (PUB or Phone Bill)
- Latest 3 months’ payslips
What is the minimum and maximum repayment period?
The minimum repayment period is 6 months, and the maximum is up to 30 months.
What is the interest rate for loan repayment?
The interest rate for loan repayments is 3.99% per month.
Can I see an example of a typical loan?
- Loan amount: $6000
- Loan duration: 12 months
- Interest Rate: 3.99%
- Total repayable: $6,240 for 12 months (loan tenure would be $520 per month for 12 months consistently).
- Upfront administrative fee is not more than 10% of the loan principal.
Is my information confidential?
Yes, the information you provide will be kept strictly confidential in accordance with our privacy policy.