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Apply For a Bad Debt Loan Today

EZ Loan’s bad debt loans are designed to help individuals manage and overcome challenging financial situations, offering a fresh start toward a debt-free future. With our quick 20-minute approval, EZ Loan provides immediate funds for individuals struggling with bad credit, enabling them to handle pressing expenses or consolidate debts efficiently. Bad debt loans offer a flexible solution for those who may not qualify for traditional financing due to their credit history. As a licensed moneylender, EZ Loan ensures safe, transparent loan terms, making it easier for borrowers to regain financial stability with a manageable repayment plan. EZ Loan’s supportive team understands the unique challenges of bad debt, so we structure each loan to provide the assistance you need. We aim to offer financial relief that fits your situation, empowering you to take control of your finances confidently. Our team's understanding and support will help alleviate the stress often associated with financial difficulties.

Apply Online, Quick and Easy with EZ Loan

How much do you want to borrow?

$1,000

$1,000

$100,000

Term (months)

6 months

1 mths

36 mths

Apply Now - 20 Minutes Approval
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Updated 13 January 2025

What Are Bad Debt Loans?

A bad debt loan is an unsecured loan for individuals with poor credit. Unlike conventional bank loans, bad debt loans are accessible even to those with low credit scores, making them a practical option for individuals looking to consolidate debt or address urgent financial needs. With fixed monthly instalments, bad debt loans empower borrowers to manage repayments predictably, providing a clear path toward financial recovery. These loans offer a way to handle expenses while gradually rebuilding credit, instilling a sense of control and confidence in your financial journey.

Apply Now - 20 Minutes Approval
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Personal Loan Calculator

Find out how much your repayments and interest rate could be with our calculator.

How much do you want to borrow?

$1,000

$1,000

$100,000

Term (months)

6 months

1 mths

36 mths

Interest % (Monthly)

Total Payment

$0

Monthly Installment

$0

Total Interest

$0

Why Take a Bad Debt Loan With Us

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Flexible Loan Plans

As a licensed money lender under the Registry of Moneylenders, we comply fully with the Moneylenders Act. This means you can trust that your funds come from a secure and reputable source.

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Affordable and Transparent Repayments

Before offering a loan, we take the time to understand your unique financial situation. Our experienced team will clearly explain the terms and conditions of your loan, ensuring everything is straightforward. We’re always here to answer any questions or concerns you may have.

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Quick Access to Funds

Our service goes beyond simply lending money. With personalised loan plans and fast approval, you can rely on us to provide financial support when needed. We prioritise clear communication to ensure peace of mind at every step.

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Guaranteed Privacy and Exceptional Service

Your privacy and security are our top priorities. Our team adheres to strict data protection protocols, keeping your personal information, loan details, and documents confidential. We are dedicated to delivering excellent customer service throughout your loan process.

Understanding Bad Debt Loans

Rebuild Your Finances with Bad Debt Loans

In Singapore, bad debt loans provided by licensed moneylenders offer a legal and accessible alternative to traditional credit options, especially for those who may struggle with poor credit histories. Unlike standard bank loans that often require extensive credit checks and lengthy approval times, EZ Loan’s streamlined 20-minute approval process makes it easy for clients to access the funds they need quickly. This rapid access to financing empowers individuals to address urgent financial obligations, consolidate debt, or catch up on missed payments, all while supporting their journey toward improved financial stability and independence. EZ Loan’s bad debt loans are designed for those facing credit challenges, providing a trusted solution promoting responsible financial rebuilding. EZ Loan’s bad debt loans come with flexible repayment terms tailored to each client’s financial situation, providing security and control. Borrowers can choose from convenient payment methods, including bank transfers, PayNow, and in-store cash payments, making managing and planning repayments easier. Our dedicated team offers personalised assistance, ensuring clients understand each step of the loan process and feel supported in their efforts to regain control over their finances.

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We’re Ready to Support Your
Financial Needs

30-minute

Loan Approval

No Guarantor

Required

Cash

Disbursed on the spot

Licensed

by Registry of Moneylender

Eligibility Criteria

The minimum requirements for applying for a loan depend primarily on your citizenship, income level and age. We welcome Singaporeans/PRs and foreigners.

At least 21 years of age

With a minimum monthly salary of SGD 2,000

Besides banks, licensed money lenders are a great and legal alternative
to secure your loan in Singapore.

Documents We’ll Need

Singaporeans/PR

Singaporeans or PRs need to present the following:

  • check-mark NRIC
  • check-mark SingPass
  • check-mark
    If renting, provide both:
    • Your tenancy agreement
    • Proof of address such as your phone bill or utility bill
  • check-mark Payslips for the last three months, if available

Foreigners

Foreigners need to present the following:

  • check-mark Employment Pass/ S Pass / Work Permit with a minimum 6-month validity
  • check-mark Passport
  • check-mark
    Residence information in the form of both:
    • Phone bill or utility bill
    • Tenancy agreement
  • check-mark Payslips for the last three months, if available
  • check-mark Employment Contract

3 Easy Steps - Loan Application Process

Apply Anytime

You can start your application online, visit one of our offices, or connect with us via WhatsApp—whichever is most convenient for you.

Book a Consultation

Visit one of our branches for a free consultation, present the necessary documents, and finalise the loan agreement.

Collect Your Cash

Once your loan is approved, you can receive your cash in 30 minutes

Loans for All Circumstances

Browse different loan types to learn more

Why do Singaporeans choose us
as their go-to moneylender?

Read our reviews on Google or check recent ones below.

Star
StarStarStarStarStar

Dec 30, 2024

Very friendly customer service, understanding to what’s needed, questioned. Overall pleasant experience with privacy.

Samuel Tan
Star
StarStarStarStarStar

Sep 27, 2024

Wei Hung was very helpful and friendly, and the process was smooth and efficient. He guided me through every step of the application process, ensuring that I understood all the requirements and options available to me.Highly recommended. Great services.

Nicholas Li
Star
StarStarStarStarStar

Nov 25, 2024

It was a seamless experience of Ezloan Jean whom she assisted me with a smile and receptive person. Great work to be flexible and adaptive to understand the needs. Good Work Jean. Keep going. Cheers

Vinod V
Star
StarStarStarStarStar

Nov 20, 2024

Was very helpful & friendly, and the process was smooth and efficient. He guided me through every step. Highly recommended. Great service.

Muhammad
Star
StarStarStarStarStar

Oct 08, 2024

Evan demonstrated exceptional thoroughness and created a warm, welcoming atmosphere with her sweet demeanor. She took the time to assist me in navigating the process of requesting a significant loan, providing clear and thoughtful reasons for her recommendations. Her support made me feel confident and reassured throughout the entire experience. I truly appreciated her dedication to ensuring I felt comfortable and informed.

Raudhah Khairuddin

Frequently Asked Questions

Yes, EZ Loan’s bad debt loans are designed for individuals with low or poor credit scores. We consider multiple factors beyond credit history to offer a customised loan solution. Speak to our friendly loan officers to find out more.

Get Expert Insights On Money Management

Visit our blog and get practical tips on smart borrowing

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