With such volatility today especially with COVID-19 displacing many from their jobs, unforeseen circumstances may drive even the most financially prudent into a tight spot for urgent cash. If you find yourself falling short of your budget before your next paycheck, a payday loan with EZ Loan Pte Ltd may be just what you need.

A payday loan is a small unsecured loan that you can take up with EZ Loan Pte Ltd to better manage your cash flow and meet unexpected urgent needs for fast cash similar to a salary advance. As the name suggests, payday loans are best suited for salaried employees and other workers who are expecting payments for their work completed. Borrowing a small amount of cash from EZ Loan Pte Ltd, this sum will satisfy cash needs and expenses that may not be feasibly deferred until your next paycheck.

The alternative to a payday loan would be to take up a personal loan with payable monthly installments.

Example: You need urgent cash flow, deciding to take up a loan on the 10th with your payday falling on the 30th of the month.

In scenarios like these, payday loans are more optimal as payments are tied to your salary date. As you are borrowing smaller sums, you enjoy lower repayments on your loans. By repaying on your salary date (30th) instead of your stipulated repayment date (10th next month), your earlier repayment saves you 10 days of interest payment. Besides helping you to tide over to the next month, taking up a payday loan with EZ Loan Pte Ltd also reaps cost savings that we then pass onto you.

Moreover, applicants with lacking credit scores may find limited access to traditional debt instruments like personal loans and credit cards. Payday loans, offering lower loan amounts, offer greater leniency in the customer’s creditworthiness. As such, this means that payday loans require lower credit rating requirements.

       • Low interest rates

       • Get your cash immediately (Fast cash disbursement)

       • Low credit rating requirements

       • Trusted moneylender with over 12 years of industry experience

       • Fast approvals (within 30 minutes)

       • Highly experienced staff – excellent customer service

       • Easy loan

       • Urgent cash

       • Flexible loan arrangements

       • Licensed moneylender

       • Short-term

       • 2 locations near MRT

If you are interested in applying or knowing more about the payday loans we offer at EZ Loan Pte Ltd, you may apply online using SingPass (24-hour approval) or come down for a walk-in appointment to any of our branch offices.