Frequently Asked Questions
1. What is the process to apply for a loan?
The loan process at Golden Credit is fairly simple. All you need to do is submit a request along with your personal details. As soon as we receive your request, one of our adept team member will get back to you and provide you all the details. Or, you can go ahead a contact us on our phone number 62241300. To check about the eligibility you can visit the Eligibility and Loan Application page.
2. Can I get another loan, once I complete the payment of an existing loan?
Definitely. This is why we are here. If you are looking for another loan, let us know and we will be more than happy to help
3. What is the minimum income to apply for a loan?
There is no such criterion for salaried people. All they need to be is hold a permanent position in the organization and 6 months experience with the current company. However, for self-employed there is a minimum S$20,000 per year income requirement.
4. Is there any fixed repayment period for the debt as well?
Depending upon the total amount of money that you have credited and the type of loan, the repayment period may vary. However, in general there is a time-period of minimum one to maximum 12 months.
5. Can I have any amount loan granted?
No, there is a fixed income criterion. Generally we provide loan of the amount that equals 2-4 times your current income.
6. Do you guys charge any application or processing fee?
No, we don’t. We are a 100% transparent legal moneylender and do not charge even a penny before payout.
7. Will my bad-credit history impact my application approval?
Definitely not. This is what we are here for. Depending upon your requirements, our professionals will create a bespoke loan that can help you meet the financial challenges without any problem.
8. Is the information, which I’ll share with you guys, secure?
You can trust us for that. We maintain a high-level of confidentiality when it comes to our customer information. You can be rest assured that the details you have disclosed to us will never be shared with any third party.
9. Are you licensed?
Yes, Golden Credit is a Licensed Moneylender in Singapore with license number 63/2012.
10. I am a discharged bankrupt. Can is still get a loan?
Certainly, you can. Provided, you have the proof of being completely discharged from the state of bankruptcy.