The process at EZ Loan is straightforward. You can start online at ezloan.com.sg or visit either of our branches directly. The Moneylenders Act requires a face-to-face identity verification, so you will need to come to a branch before funds are released. Here is what to expect: bring your NRIC (for Singaporeans and PRs) or passport with valid work pass (for foreigners), your last three months of payslips or CPF statements, and proof of residential address. A loan officer reviews your application and, if approved, walks you through the loan contract in full before you sign. Funds are typically disbursed the same day via bank transfer, PayNow, or cash. Borrowing limits depend on your annual income: if you earn $20,000 or more per year, you may borrow up to six times your monthly income across all licensed moneylenders combined. For Singapore citizens and PRs earning between $10,000 and $19,999, the cap is $3,000. For those earning below $10,000, the cap is $500. These are aggregate limits set by the Moneylenders Rules — they apply across all licensed moneylenders, not per lender. Every licensed moneylender must give you a written contract that spells out the loan amount, interest rate, repayment schedule, and all fees before releasing any funds. You are never obligated to proceed after your application review.