FAQs

QUESTIONS & ANSWERS

Frequently Asked Questions

Can anyone apply for a loan from Power Credit Enterprise?

Working individuals like Singaporean, Permanent residents, and Foreigners presently working in Singapore.

Up to 6 times of your salary subject to eligibility and approval.

Yes, We are a licensed moneylender approval by IPTO since 2007. Our business registration no are 201528280Z and moneylender license no 139/2024

Yes. First allow us to check and verify your documents. We can customize a loan packages that suit you best.

Our Interest rate start from 1% per month is dependent on your credit worth and the type of loan you apply. Our personal finance specialist will explain to you in detail.

You can make a payment via funds transfer or cash deposit machine into our corporate bank account and let us know by calling us or sending an sms message of the payment made. You can also enroll or arrange a GIRO payment which is more convenient to you or simply pay cash at our office.

Our loan officer will provide you more information during your loan application. No matter you are new or existing customers, we are great to serve you with any enquiries.

You can summit a fast loan application via Singpass Myinfo and our friendly loan consultant will help you on it. Or you may CLICK HERE to find out more.

Would be disbursed immediately after the signing of loan contract, either by cash or through bank transfer

Yes. Provide us with the certified letter of employment from your employer, your tenancy agreement and your latest payslip. These documents are subject for review by our loan consultants.

If you cannot make a payment on time you will be subject to a late repayment fee. Our Debt Management team will make an effort to communicate with you the reason for the delay and make reasonable arrangements with you to facilitate timely repayment.

We’re Here to Help You Borrow with Confidence

At Power Credit, transparency and trust are our top priorities. Our FAQs are designed to give you clear, straightforward answers so you know exactly what to expect. No jargon, no hidden charges — just honest information to guide your borrowing decisions.

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