Magnus Credit Pte Ltd has been a Ministry of Law-licensed moneylender in Singapore since 2009. Based in Ubi, a short walk from Ubi MRT station. We have spent over 15 years helping individuals, families, and business owners to access fast, regulated and transparent financial solutions when they need them most.
We are not a bank. We do not operate like one. What we offer is something different, a loan process designed around the borrower’s actual situation, assessed by experienced professionals who understand that no two financial circumstances are the same.
Magnus Credit was founded in 2009 with a straightforward belief: that borrowing money from a licensed source should be a dignified, transparent, and genuinely helpful experience.
Over the years, we have grown into one of Singapore’s recognised licensed moneylenders, earning membership in the Singapore Fintech Association (SFA) and accreditation under the Credit Association of Singapore (CAS) . We also won Prestige Singapore 100 and Top Business Service and Quality for 2026/2027. These are not marketing badges, they reflect our ongoing commitment to ethical lending practices that go beyond.
Today, Magnus Credit serves thousands of borrowers annually across every major loan category: personal loans, payday loans, foreigner loans, business loans, renovation loans, wedding loans, Grab and Gojek driver loans, as well as debt consolidation. Our license number is 13/2026, issued by the Registry of Moneylenders under Singapore’s Ministry of Law.
Singapore’s Moneylenders Act exists to protect borrowers. Every licensed moneylender including Magnus Credit, is legally required to operate within these boundaries:
When you borrow from Magnus Credit, you are borrowing from a company that is audited, regulated, and accountable to the Ministry of Law. There are no hidden fees, no verbal-only agreements, and no pressure tactics — these are not just our values, they are legal requirements we are held to.
Pick Magnus Credit As Your Choice Of Licensed Moneylender.
We have been doing this since 2009. Fifteen years in Singapore’s regulated moneylending market means we have seen every kind of financial situation. Our loan officers are experienced, not scripted. They assess your application based on your actual circumstances — not just a credit score.
We serve borrowers banks cannot. Many of our clients have been turned down by banks — not because they are irresponsible, but because bank eligibility criteria do not accommodate irregular income, short employment history, or certain visa categories. We assess applications differently, within the boundaries MinLaw allows.
We serve Singapore’s gig economy workers. Magnus Credit offers dedicated loan options for Grab and Gojek drivers. Platform-based income requires a different approach to income verification, and our team is experienced in assessing applications from private hire vehicle drivers and delivery riders. If you earn through a ride-hailing or delivery platform, you are welcome to apply.
We use Singpass MyInfo. Applications can be initiated in under two minutes using Singpass MyInfo, which pre-fills your personal and income details securely. This reduces paperwork, speeds up assessment, and protects your data.
We are transparent about costs before you sign. Every Magnus Credit loan offer includes a full breakdown of the monthly repayment amount, total interest payable, administrative fee, and total amount repayable. You will never be asked to sign anything you have not had the chance to read and understand.
Magnus Credit Pte Ltd is fully licensed and compliant with Singapore’s Moneylenders Act.
You can verify our licence status at any time on the official MinLaw registry at rom.mlaw.gov.sg.
Need funds urgently? Don’t wait around—our streamlined, same-day approval process ensures that you get the financial support you need, right when you need it. Whether it’s for an unexpected expense or an emergency, we make sure the process is fast and hassle-free, so you can focus on what matters most. Apply today and get the peace of mind that comes with timely financial help.
We are committed to providing some of the most competitive rates in the market, ensuring that borrowing remains both accessible and affordable for you. Our goal is to make financial solutions more attainable, so you can secure the funds you need without the burden of excessive costs. By consistently evaluating and adjusting our rates, we aim to offer the best value, empowering you to make smart, cost-effective financial decisions.
Life is full of variety, and your financial needs are no different. That’s why we provide a wide range of loan products to meet your unique requirements.
Our team of experienced professionals is dedicated to guiding you through every step of your borrowing journey, ensuring you make well-informed decisions along the way
We don’t believe in one-size-fits-all solutions. That’s why each loan package is thoughtfully designed to suit your unique circumstances and financial goals.
Your trust is our top priority. We use cutting-edge security measures to ensure your personal and financial information remains safe and confidential.
Yes. Magnus Credit Pte Ltd holds Moneylender Licence No. 13/2026 issued by the Registry of Moneylenders under Singapore’s Ministry of Law. Our license can be verified on the official MinLaw registry at rom.mlaw.gov.sg.
Magnus Credit has been a licensed moneylender in Singapore since 2009 — over 15 years of operation from our Ubi office.
Magnus Credit offers personal loans, payday loans, foreigner loans, business loans, renovation loans, wedding loans, Grab and Gojek driver loans, and debt consolidation loans. All loans are subject to MinLaw’s regulated interest and fee caps.
Yes. Magnus Credit offers foreigner loans for Employment Pass, S Pass, and Work Permit holders residing in Singapore. Eligibility and borrowing limits vary based on annual income and residency status in accordance with MinLaw guidelines.
An initial application can be submitted online or via Singpass MyInfo. However, under MinLaw regulations, all licensed moneylenders are required to verify a borrower’s identity in person at their registered office before disbursing any loan. Your appointment will be arranged after your application is reviewed.
Your maximum borrowing limit is set by MinLaw, not by Magnus Credit. Singapore citizens and PRs earning below SGD 20,000 per year are capped at SGD 3,000 across all licensed moneylenders. For borrowers earning SGD 20,000 and above, the cap is 6 times monthly income. Foreigners earning below SGD 10,000 per year have a cap of SGD 500.
Types of Loan
Information
Contact Us
Magnus Credit Pte Ltd
Copyright 2009 – 2026 © Magnus Credit Pte Ltd. All Rights Reserved. | Reg No: 200915589D | License No: 13/2026
