EZ Loan vs KBB Credit: what should you compare in a repayment plan?

EZ Loan publishes this comparison and is one of the lenders discussed. This is general information, not a personalised offer. Website details were checked on 21 October 2026. The Registry record used below is dated 1 October 2026.[7]

Compare more than the size of one instalment. Ask each lender for a written schedule showing the amount you will receive, every payment amount and due date, the repayment period, fees, and total repayment. KBB Credit says it can customise loan terms, schedules and monthly instalments. EZ Loan publishes a repayment calculator and says its loan officer explains the terms during the in-person assessment. Those are useful starting points for a conversation, but your contract and repayment schedule determine what you must pay.[1][5][8]

EZ may be worth considering if you want to discuss your proposed schedule with an officer and compare two branch locations, Beach Road and Marina Square. Its published starting rate is 0.82% per month for eligible applicants, subject to approval and borrower profile. That is not a promise of a particular rate or repayment plan.[1]

KBB’s website says loan terms, loan schedule and monthly instalment amounts can be customised, and promotes flexible repayment plans. Your available options depend on the proposed offer. Ask KBB to show the options it can offer you, including the payment frequency, dates, amount of each instalment and final due date. Confirm whether a requested change is available before signing, rather than relying on the word “flexible”.[5]

A schedule should answer a practical question: will the dates and amounts fit your income and other commitments? A smaller payment can still mean a longer period or a different total cost. Don’t choose by the first instalment alone.

Start with the published differences, then ask how each would work in your own repayment plan:

Ministry of Law guidance tells borrowers to understand the repayment schedule, interest and fees before agreeing. It also advises borrowers to consider their income and financial obligations, and borrow only what they need and can repay.[8]

EZ Loan’s public website describes an application that can start online, by WhatsApp or at a branch. Before a loan is granted, its process includes an in-person assessment and identity verification at an approved EZ Loan premises. The site says a loan officer explains the terms and answers questions during the visit. That gives you a clear moment to ask the officer to walk through every due date, instalment and fee in your proposed offer.[1]

EZ lists bank transfer, PayNow and in-person monthly payments. Remote payment options may save you a return trip just to pay an instalment; check the correct details and dates on your repayment card.[1]

EZ also publishes a personal-loan calculator for estimating repayments. Use it to prepare questions or think through affordability; an estimate is not a lender quotation. Compare its output with the actual written offer, including fees and total amount payable, before deciding.[1]

The published rate from 0.82% per month is a reason to ask what rate, if any, applies to your application. EZ says its rate, fees and repayment terms depend on approval and borrower profile. A headline rate does not tell you the instalment amount or total you will pay.[1]

KBB may be worth asking if you value a discussion about customised terms, schedules or monthly instalments. Its website also says borrowers can contact its officers about their needs. Ask for the actual written schedule that it is prepared to offer, then check whether that exact schedule matches your income timing and budget.[5]

KBB’s homepage advertises “just 1%” but does not state a period alongside that headline. Do not assume it is a monthly rate or compare it numerically with EZ’s explicitly monthly starting rate. Ask KBB to state the rate period, calculation method and applicable fees in writing. The headline alone cannot establish which offer costs less.[1][5]

No. The Registry list dated 1 October 2026 records EZ LOAN PTE. LTD., licence 19/2026, at Marina Square and Beach Road. It records KBB CREDIT SD PRIVATE LIMITED, licence 125/2026, at 111 North Bridge Road, Peninsula Plaza. This is a dated Registry record, not confirmation of changes after 1 October. Check the latest list and match the legal name, address and website before sharing personal information.[7]

Licensing and affordability answer different questions. Verify the lender, then check whether the terms fit your budget. MinLaw guidance says a moneylender must explain the loan terms in a language you understand and give you a copy of the contract. If a term or amount is unclear, ask before signing.[8]

Ask for the full proposed schedule, not only a revised monthly figure. Get the dates, amount for each instalment, final payment date, fees and total repayment. If the proposed instalment is smaller than another offer’s, check whether the repayment period or total payable also changes. Then compare the schedule against your regular income dates and other bills.

Do the same with EZ. The point is not to label one lender’s plan more flexible from an advertisement. It is to see which written arrangement you understand and can manage. A verbal explanation can help, but retain the contract and repayment card and check that they match what you agreed.[1][5][8]

Is KBB Credit’s 1% rate monthly?

The headline on KBB’s homepage says “just 1%” but does not clearly state the rate period there. Ask KBB to confirm the period, calculation method and fees in writing. Do not treat it as a monthly figure based on the headline alone.[5]

Does a lower monthly instalment mean a cheaper loan?

Not necessarily. A lower payment may be spread across a different period. Compare every payment date and amount, fees, and total repayment on offers for the same request.[8]

Does EZ Loan offer customised instalments?

Ask EZ what schedule it can offer for your application. EZ describes flexible repayment terms for its small cash loans; the available arrangement still depends on your approved written terms.[1]

Can I decide from a website rate?

No. Ask for the actual rate period, fees and complete schedule for your circumstances. A public headline does not replace the written offer.[1][5][8]

Use the EZ repayment calculator to prepare, then ask EZ to explain the actual offer and payment dates at an appointment. You can check its Beach Road and Marina Square details. Request KBB’s complete written schedule too, and compare like for like before committing.

This article is general information and does not replace either lender’s written contract.

• 1. EZ Loan homepage
• 5. KBB Credit homepage
• 7. Registry list dated 1 October 2026; accessed 21 October 2026
• 8. MinLaw guide to borrowing from licensed moneylenders