A Whole New 1% Loan Program
Designed with you in mind.
Check Your Eligibility
Fill out this form, and our customer service team will address your queries shortly.
- Checking your rate will not affect your credit score.
Introducing the 1% Loan Program by LoanQuotes –
A program built to protect borrowers from loan scams and rising interest rates outside traditional banks.
Even if you don’t qualify for a bank loan, we believe everyone deserves access to affordable financing. That’s why we’ve designed this program with a low fixed rate of just 1% – plus added flexibility in choosing your repayment tenure.
Borrowing isn’t anyone’s first choice. But if it’s necessary, we make sure you save as much as possible with our Fixed Rate Lending Program.
Principal Loan Amount
Fixed Rate (1% PM)
Program Tenure
$2,000
$20
3 to 12 Months
$3,000
$30
3 to 12 Months
$4,000
$40
3 to 12 Months
$5,000
$50
3 to 12 Months
Just 3 steps to know if you’re eligible.
1
Check Eligibility
Submit the form to check eligibility. Provide basic info about yourself and your desired loan amount to help us match you with the best lender.
2
Verify Eligibility
Once your eligibility is confirmed, our system will connect you with a participating lender from our program.
3
Receive Your Funds
Head down to the lender’s location for a quick verification. Upon approval, you’ll receive your funds directly on the spot.
- Checking your rate will not affect your credit score.
1% Interest, 100% Smart Choice...Why Apply with LoanQuotes?
Low rates. Fast funds. Personal touch. That’s LoanQuote’s 1% Program.
Fixed Rates
Say goodbye to unnecessary fees. Enjoy the freedom of a 1% fixed rate and flexible terms up to 12 months
A Unique Partnership
Supported by manually verified lenders known for their excellent track record in customer service and lending experience.
Same - Day Funding
From eligibility check to approval, you can expect to receive cash at our program lender’s premises within the same day.
- Checking your rate will not affect your credit score.
FAQs
Q: Is LoanQuotes a loan provider?
No, LoanQuotes is not the direct lender. We’ve developed the program ‘The 1% Loan by LoanQuotes’ specifically to provide borrowers with a low 1% fixed loan rate, offering the flexibility of longer loan tenure within a secure lending environment.
Q: Will verifying eligibility impact my credit score?
No, verifying eligibility does not constitute an official loan application and thus will not have any effect on your credit score.
Q: Is my personal information safeguarded?
Absolutely. At LoanQuotes, we highly value your data and ensure its protection. This commitment aligns with our vision of providing Singaporeans an affordable and secure lending program.
Q: Is LoanQuotes a loan provider?
No, LoanQuotes is not the direct lender. We’ve developed the program ‘The 1% Loan by LoanQuotes’ specifically to provide borrowers with a low 1% fixed loan rate, offering the flexibility of longer loan tenure within a secure lending environment.
Q: Will verifying eligibility impact my credit score?
No, verifying eligibility does not constitute an official loan application and thus will not have any effect on your credit score.
Q: Is my personal information safeguarded?
Absolutely. At LoanQuotes, we highly value your data and ensure its protection. This commitment aligns with our vision of providing Singaporeans an affordable and secure lending program.
Q: What is the maximum loan amount available under this program?
For citizens or PRs earning less than $20,000 annually, the maximum loan amount is $3,000.
For citizens, PRs, or foreigners (EP holders) earning more than $20,000 annually, you can borrow up to six times your monthly income.
Q: Who are the lenders participating in this program?
At LoanQuotes, we exclusively collaborate with lenders who align with our vision of fostering a safe and positive lending environment. Consequently, all lenders selected for this program are registered businesses possessing valid lending licenses and a proven track record of delivering excellent lending experiences in Singapore. Their inclusion follows a rigorous and meticulous selection process, guaranteeing the involvement of only the most reputable lenders.
Q: What is the maximum loan amount available under this program?
For citizens or PRs earning less than $20,000 annually, the maximum loan amount is $3,000.
For citizens, PRs, or foreigners (EP holders) earning more than $20,000 annually, you can borrow up to six times your monthly income.
Q: Who are the lenders participating in this program?
At LoanQuotes, we exclusively collaborate with lenders who align with our vision of fostering a safe and positive lending environment. Consequently, all lenders selected for this program are registered businesses possessing valid lending licenses and a proven track record of delivering excellent lending experiences in Singapore. Their inclusion follows a rigorous and meticulous selection process, guaranteeing the involvement of only the most reputable lenders.
- Checking your rate will not affect your credit score.