KST Credit. | 09/05/2018 | FAQ, Payday Loan
What is a Payday loan?
A Payday loan is a short-term, unsecured loan* that you can apply to pay household and personal bills, rent, and various living expenses that needs to be settled up to 31 Days.
Interest rates apply*.
Do I qualify for a Payday loan?
As a licensed Moneylender in Singapore, we require all applicants to submit relevant information before any approval and disbursement of a loan.
Here are some basic requirements:
You must be a Singapore or Permanent Resident
If you are a foreigner, you must have a valid working pass in Singapore.
Age: 21 & above
Proof of income
You should be employed full-time under a legitimate company
If you are self-employed, relevant documents are required
Credit Rating may be required