Additionally, get 50% of the admin fee refunded back once you have fully repaid your loan. Interest rates and admin fees from 0.88% p.m. and 10% respectively.
Move the sliders to see your monthly repayment and total payable before you apply.
Get a 50% refund on your admin fees after full and timely repayment on your loan!
We aim to provide affordable interest rates for all our borrowers.
All of our unsecured loans come with free personal loan protection coverage!
Apply for a loan anywhere, anytime online using MyInfo.
Your well-being is our priority. We are open to negotiating your repayment schedule!
Note:
1. Personal Loan Protection is underwritten by ECICS Limited ("ECICS") and provided by IFS Consumer Services Pte Ltd to its unsecured personal loan borrowers.
2. Personal Loan Protection does not cover pre-existing medical condition and the benefits are only payable due to an accident. For the policy, terms, conditions and exclusions, please download the Policy Wordings here.
3. At least 14 consecutive days of hospitalisation leave following an accident.
As pioneers in providing personal loans, we have honed our processes to reduce costs, enhance efficiency, and provide you with improved interest rates, simpler application procedures, and faster approval times. Friday Finance is a top moneylender in Singapore that uses digital solutions to make your loan application easy. Say goodbye to visiting lenders' offices only to face rejections; we've revolutionised the experience.
a. Minimally 21 years old
b. Gainfully employed with NOA or CPF contribution
c. Must be Singaporean/PR
CBS report
While there is no limit on the number of loans you can take from moneylenders, there are limits on the total loan amount. If you hold multiple loans, we recommend considering a Debt Consolidation Plan, which combines various debts into a single loan. This simplifies your financial management and helps prevent defaults.
Up to 6 times your gross monthly income. The loan amount we offer is assessed based on three factors:
i. Income and debt-to-income ratio
ii. Past credit records
iii. MinLaw regulatory limits
We offer loan tenures from 6 to 18 months.
a. Regulatory and Policy Constraints
As a licensed moneylender regulated by MinLaw, we must follow regulatory limits and internal policies that can affect the approval and amount of a loan. These may include legal limits on loan amounts and other factors.
b. Incomplete or Inaccurate Information
Inconsistencies or missing details in your loan application may affect the final loan offer. To get the best outcome, please provide the most accurate and up-to-date information.
Be rewarded for a sterling credit record: instead of applying one fixed interest rate to all applicants, Friday's tiered system gives the best rates to our best customers. Our interest rates start from 0.88% p.m., subject to individual assessment on a case-by-case basis.
Our admin fees follow the same tiered system as our interest rates, capped at 10% of the loan amount.
No. Our goal is to promote positive credit behaviour and help our clients build a strong credit history.
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