One of SG’s Top 20 most favored MoneyLender in Singapore!




Secure extra funds for your children’s education

SKM’s featured education loan is robust enough to see your child all the way through the different stages of the study. This loan has a longer tenure, providing borrowers with flexible repayments, coupled with low installments every month.



speedy cash for whatever urgent need

SKM’s personal loan is our staple star loan. Receive quick approval in as quickly as 25 minutes today. Foot urgent bills, must-pay fees, and other monetary woes! Approach our consultants today.



Medical bills that you can’t afford to pay off?

Having a second plan illness or disease sets in is crucial. SKM’s medical loan lets you pay off immediate medical expenses that require priority for clearance. Get your health back, get SKM’s medical loan.

SKM CREDIT – #1 Legal & Licensed Moneylender In Singapore

Having financial difficulties? Not to worry! SKM Credit is here for you! We offer a wide range of loans such as personal loans, business loans, renovation loans, education loans and medical loans etc. SKM Credit works closely with our clients to provide a comprehensive financial support while offering flexible repayment plans to meet their needs. We offer the best rates in the market and we can say with confidence that we are the best choice for you.

Reason Why we are No 1?

SKM Credit is the number one licensed moneylender in Singapore because we deliver the most premium services while keeping our clients’ interests in mind. 

With our team of professionals’ expertise and experiences, we keep each transaction fair, fast and reliable. 

SKM Credit will never compromise our professionalism and standards, this we can 100% guarantee you.

10 Ways To Recognize a Licensed Money Lender in Singapore

When life throws you a curveball—whether your utility bills or school fees—you need money. And no matter how much you try, there never seems to be enough.

We sympathize with you, and we understand that it can be hard to differentiate between legal, licensed money lenders and illegal, unlicensed, loan shark money lenders. Here’s where we at SKM Credit come in. We’re here to guide you on how to go about getting your loans no matter how small or large. We are licensed money lender in Singapore located in heart of Toa Payoh. Here are some advice to know if you are borrowing from a legal, Ministry of Law Singapore approved, money lenders.

What is a licensed money lender?

Licensed money lenders are money lenders that are approved and governed by Singapore’s Ministry of Law (MinLaw) and the Registry of Moneylenders (ROM)

They offer a multitude of loans to Singaporeans and foreigners alike. They are also much more flexible with approvals and repayment options compared to banks, so borrowers receive financial aid fast.

They also have to comply with behavioural standards set by Singapore’s Ministry of Law, unlike unlicensed money lenders.

How can you recognise a licensed money lender in Singapore?

#1 They are listed on the registry of licensed money lenders

You can find a full list of licensed money lenders here on SG Top Choice, or the Ministry of Law’s page. The money lenders listed are fully authorized money lenders in Singapore. They have been approved by both the Ministry of Law and the Registry of Moneylenders and thus, are bound by law to engage in ethical, legal practices.

This list changes occasionally so do check on it before you make any money lending decisions.

#2 The company has a physical address

All borrowers must visit the licensed money lender office for verification. This is where you prevent your identification and discuss risks. If the company does not have a physical office or requests a meeting in unknown places/ other private property like Macdonald’s, you are most likely dealing with an illegal, unlicensed money lender (aka a loan shark).

#3 They advertise through proper channels

As stated by the Ministry of Law, licensed money lenders in Singapore are only permitted to advertise through:

  • Business or consumer directories
  • Websites belonging to the licensed money lender
  • Advertisements placed within or on the exterior of the licensed money lender’s business premises

If you are already in the process of borrowing from a money lending firm, here are some extra tips you should look out for

#4 Licensed money lenders provide copies of important documents for you

#5 Licensed money lenders will return, not retain, your NRIC card or any of your ID documents

#6 Licensed money lenders disclose all details and answer all questions

#7 Licensed money lenders confirm your ability to repay the loan

#8 Licensed money lenders do not ask for your SingPass ID and/or Password

#9 Licensed money lenders follow standard interest rates and fees imposed by the Registry of Moneylenders

#10 Licensed money lenders explain risks and loan limitations

  • Flexibility in the loan amount
  • Flexible payment terms
  • Fixed-rate guarantee
  • The multitude of Payment Methods
Flexibility in the loan amount


At SKM Credit, we understand our borrower’s concerns. SKM’s loans are all customized by 1 consultant dedicated to the client, custom-tailored to accommodate each borrower. We work hand in hand with you to provide the most cash necessary for your needs.

Approach our consultants today, we have a custom package to suit you, regardless of your nationality or demographic.

Flexible payment terms


SKM’s weekly, Bi-weekly, and Monthly repayment schemes make sure that you can make repayments on time and on schedule. Do not fall into the trap of not being able to repay us! This is the precaution we take in organizing this customer threshold order, SKM makes it comfortable for you to afford your repayments.

Consult with any of our loan pros speak with a loan consultant today about repayments.

Fixed-rate guarantee


Being a licensed moneylender, our practices are ethical and fair, no longer will you bump into bill shocks or fee hikes! Our rates do not fluctuate with the weather, this means we keep our rates constant as an incentive to our borrowers. Any fee hikes will be made known to the client prior to loan agreements undertaken.

Explore our loan solutions today! Speak with a loan advisor.

The multitude of Payment Methods


Pay your loan back via Cash or Fund Transfer.

We make repayment hassle-free and convenient for borrowers. Borrow from us with confidence!

We are governed and licensed to operate. We offer a free consultation with no obligations!

Take up a loan from SKM Credit with confidence! We are fully governed and licensed to operate.



Our License No. 15/2024
Our Reg No: 201020733M
Our Email:
Tel: 6336 5148