Bad Credit Loans Singapore - Bedok - Get Credit Enhancement

Why Choose Tradition Credit
for Bad Credit Loans?

Competitive Interest Rates

With rates as low as 1% to 3.92% per month, our bad credit loans are designed to be affordable, helping you to manage your finances without adding unnecessary strain.

Credit Enhancement

By responsibly utilizing our loans, you have the opportunity to improve your creditworthiness over time, paving the way for a brighter financial future.

Flexible Repayments

Our repayment plans are flexible, allowing you to choose a schedule that aligns with your financial situation, ensuring that the loan supports your financial recovery and growth.

Professional Service

Our team of experts is here to guide you, offering personalized solutions that cater to your unique needs even if you are facing challenges with bad credit.

Facing a cash flow problem and needing a personal loan? But if your past mistakes have left you with a bad credit score, getting a loan from a bank can be tough. What can you do in this situation? Well, you still have options. You could explore borrowing from licensed moneylenders who might be more flexible with bad credit.

Facing rejection on your loan application can be disheartening, especially when financial emergencies or essential expenses arise. At Tradition Credit, we understand the frustration and urgency that comes with such situations. Whether you’re dealing with unexpected bills, medical emergencies, or simply struggling to make ends meet, we’re here to offer a solution.

While traditional banks and licensed moneylenders may have turned you down, Tradition Credit is committed to providing options, even if you have bad credit. Our Bad Credit Loan offers a lifeline to those in need, enabling you to borrow a fixed amount of money and repay it over a period of time with manageable installments.

Whether you need to settle overdue credit card bills, utility expenses, or any other financial crisis, Tradition Credit is your trusted partner.

What is a Bad Credit Loan?

A bad credit loan is specifically crafted for individuals like you who may have less-than-ideal credit scores but require urgent financial assistance. It’s a solution tailored to your situation, especially if you’ve been facing repeated loan rejections from banks and other financial institutions due to your poor credit ratings.

What is a Bad Credit Score?

In Singapore, the Credit Bureau Singapore assesses individuals’ creditworthiness. This is done through a 4-digit credit score derived from your payment history, indicating the likelihood of loan default.

Credit scores range from 1,000 to 2,000, with 1,000 being the lowest and 2,000 the highest. A score between 1,000 and 1,723 is considered a bad credit rating.

Even if you’ve encountered challenges with your credit score, Tradition Credit is here to offer solutions tailored to your needs. At Tradition Credit, we understand that financial setbacks can happen to anyone, and we believe in providing assistance when it’s needed most.

Why Choose a Bad Credit Loan?

Bad credit loan is aimed at borrowers suffering from bad credit, offering a lifeline to those who need financial support but are unable to secure loans through conventional means.

Bad credit loans can be utilized for a wide range of personal expenses, including but not limited to, covering necessities like rent and groceries, funding larger expenses such as vacations or weddings, and managing emergency medical costs.

Moreover, a bad credit loan offers one of the lowest interest rates for unsecured loans providing a viable option to tide over difficult financial periods.

Additionally, utilizing a bad credit loan and adhering to timely repayments can help improve your credit scores over time, enhancing your future loan eligibility.

Tradition Credit understands that individuals may face challenges due to bad credit scores and is committed to providing assistance tailored to their needs.

With flexible loan options and a personalized approach, Tradition Credit strives to empower individuals to overcome financial obstacles and achieve their goals, even with less-than-perfect credit histories.

Turn Bad Credit into Brighter Futures!

Experience the convenience of applying for a bad credit loan with Tradition Credit. Our application process is designed for simplicity and efficiency.

To qualify for a bad credit loan in Singapore, applicants must be Singapore Citizens, Permanent Residents, or Foreigners with a valid work permit, be at least 21 years old, and be employed or self-employed.

Begin by filling out our online form, and our dedicated team will guide you through the rest. From personalized consultation calls to swift loan disbursement upon agreement, we ensure a seamless experience every step of the way.

Experience the difference with Tradition Credit – where every loan is a step towards financial empowerment.

Apply now and discover how our Bad Credit Loans can help you overcome financial challenges and achieve your goals with confidence.

Call us now at 6283 1323

Our personal loans specialists will attend to you immediately
Monday - Friday: 11:30 - 20:00
Saturday: 11:30-19:00

Apply Online For Personal Loan

Apply Now with Tradition Credit: Turning Bad Credit into Brighter Futures!

At Tradition Credit, we believe in providing a second chance to those who have been turned away by traditional financial institutions due to their credit history. In Singapore, a bad credit score can close many doors, but at Tradition Credit, we’re here to open them for you with our specialized bad credit loans.

Don’t let a bad credit score define your financial future. With Tradition Credit‘s bad credit loans, you have the opportunity to turn things around.

Apply today and start your journey towards financial freedom and success. Together, we can build a brighter financial future.

FAQ – Interest rates and fees

What are the fees that moneylenders can charge?
With effect from 1 October 2015, all moneylenders are only permitted to impose the following charges and expenses:
- a fee not exceeding $60 for each month of late repayment;
- a fee not exceeding 10% of the principal of the loan when a loan is granted; and
- legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.
What should I consider before taking up a loan?
Before approaching a moneylender, consider other alternatives, such as the various financial assistance schemes offered by various Government agencies.
You are legally obliged to fulfil any loan contract you enter into with a licensed moneylender.
Borrow only what you need and are able to repay. Be mindful that if you are unable to meet the contractual terms, the late payment fees and interest payment will be a financial strain not just on yourself but also on your family.
What should I do after being granted a loan?
- Make sure the moneylender delivers to you the correct principal amount of the loan.
  The moneylender is only permitted an upfront deduction of a loan approval fee of up to 10% of the principal amount.
- Pay the loan instalments on time to avoid incurring late payment fees and late interest.
- You should retain all statement of accounts and receipts of payments, as documentation and evidence of payments.

Applying For Personal Loans in Singapore

We get you the cash when you need it.
Simple, fast and secure.
Borrowing with us is done in 3 easy steps.

Step 1
Apply Online

Complete our simple online application form, it only takes a few minutes. We will contact you & discuss your application & options.

Step 2
Submit and verify

Bring along your supporting documentation, we will verify your eligibility and confirm facility amount.

Step 3
Get Funds

Sign your documentation and you will get the funds on the same day. Many of our loans are funded within the same day of applying.

All The Great Loans in One Place. Tradition Credit.

Simple, Fast and Secure

Getting a fast cash loan in Singapore can be actually easier than it seems. Here in Tradition Credit, we offer a hassle-free and yet reliable fast personal loan application process online. Getting a fast cash loan in Singapore has never been easier. We have proven to have a strong and consistent track record in offering emergency fast credit cash loans to many Singaporeans in their time of need.

With many years of experience in handling individuals with imperfect credit score, we have still managed to offer fast personal loan packages to many within a short period of time legally. If you are looking to get a quick cash loan or personal loan in Singapore for your own financial needs, you should first engage our consultants and we will be more than happy to offer you a free consultation over the phone or even at our office.