If you currently have multiple loans you are struggling to manage, then you should learn a thing or two about debt consolidation loans in Singapore. A debt consolidation loan is a financial product designed to help individuals manage multiple debts by combining them into a single loan with one monthly payment. This type of loan can simplify the repayment process, making it easier to keep track of payments and reduce the risk of missing due dates. Typically, debt consolidation loans come with a lower interest rate compared to the average rate of the combined debts, which can result in significant savings over time. By consolidating debts, borrowers can also potentially improve their credit score, as it demonstrates a commitment to managing and repaying their obligations.
In Singapore, there are numerous reliable providers offering debt consolidation loans, catering to the diverse needs of borrowers. These moneylenders offer various loan packages with competitive interest rates and flexible repayment terms, making it easier for individuals to find a solution that fits their financial situation. The availability of such loans can provide much-needed relief for those struggling with high-interest debts, allowing them to regain control of their finances and work towards a more stable financial future. With careful planning and responsible borrowing, a debt consolidation loan can be a valuable tool in achieving long-term financial health. Read on to discover 10 of the best debt consolidation loans in Singapore that every borrower can truly rely on.
Note: This list is strictly not in order.
1. Orange Credit
One cannot talk about the best debt consolidation loans in Singapore without mentioning Orange Credit. It is a trusted, licensed money lender in Singapore, offering a range of financial solutions including personal, payday, business, and foreigner loans. One of their key services is the debt consolidation loan, designed to help individuals manage multiple debts by combining them into a single, manageable repayment plan. This service aims to reduce financial stress by lowering interest rates and simplifying monthly payments, making it easier for borrowers to regain financial stability. Located conveniently near Paya Lebar MRT, Orange Credit ensures a hassle-free loan application process with quick approvals and personalised service. Their commitment to transparency and customer satisfaction makes them a reliable choice for those seeking financial assistance in Singapore.
Customer Reviews:
Belin Lee
Really appreciate orange credit helping me in getting me out of debt. Especially grace explain it very clearly. 🙏🙏🙏
Ramadan Bahari
This is first my time going to Orange Credit and Miss Jiasin and Mr McCoy did an amazing job on helping me out with my debts and giving out the best advise for My needs .. will definitely recommend my friends and family to come here if they need some help .. thank you very much !! 5 Stars!
Char L
Came to Orange Credit because I really need help and solution and especially it’s my first time I was nervous and scared but Grace, which I was attended by, really make me feel comfortable and explained really patiently and was really kind and really understanding. And gave me advices and the best solution for the situation. Feels at ease knowing that they outlined the terms of the loan, the interest rates and repayment schedules. Without any hidden fees, and I know clearly what I’m paying for. I walked in feeling stress, feeling lost. But walked out feeling thankful and peace of mind. Thank you Grace. Thank you Orange Credit.
Website: https://orangecredit.com.sg/
Contact: 1800 188 1111
Location: City Plaza, 810 Geylang Rd, #01-91, Singapore 409286
Opening Hours: Monday – Friday 11 AM – 8 PM | Saturday 11 AM – 3 PM | Closed on Sundays
2. KST Credit
KST Credit is another reliable provider of debt consolidation in Singapore. It is a licensed moneylender, offering a variety of financial services, including personal, business, and lifestyle loans. Located in the bustling Orchard Road area, KST Credit is known for its flexible repayment schemes and fast approval process. One of their standout offerings is the debt consolidation loan, which helps individuals manage multiple debts by combining them into a single, more manageable repayment plan. This service aims to minimise the overall interest burden and simplify monthly payments, making it easier for borrowers to achieve financial stability. With a commitment to transparency and customer satisfaction, KST Credit provides a trusted solution for those seeking to streamline their finances and regain control over their debt.
Customer Reviews:
Muthu Mamikcam
Staff were lenient and polite to me. Appreciate your good service towards to me. Would recommend this place to whoever that need help with their finance.
Siti Zuraiha
Very good service. Super professional. Recommended to come here. They are very helpful. Will accommodate to your request and help you plan for you financial monthly.
Azizah Bte Layman
Loan process was quick and handled with professionalism. Thank u for solving my issue.
Website: https://www.kstcredit.sg/
Contact: 6255 5225
Location: Lucky Plaza, 304 Orchard Rd, #01-03, Singapore 238863
Opening Hours: Monday – Saturday 10 AM – 7:30 PM | Closed on Sundays
3. Su Credit
SU Credit is a reputable licensed moneylender in Singapore known for its diverse financial solutions. Among their offerings, the debt consolidation loan stands out, as it is designed to help individuals streamline several debts into one manageable repayment plan. This service aims to decrease the overall interest burden and simplify monthly payments, making it easier for borrowers to achieve financial stability and debt freedom. SU Credit prides itself on transparency, competitive rates, and exceptional customer service, ensuring a hassle-free loan application process with fast approvals. Their commitment to understanding and meeting the unique financial needs of their clients makes SU Credit a reliable partner for those seeking to have control over their finances and become free from debt.
Customer Reviews:
Muhd Nazri
Ms ping is so helpful.she help me to consolidate my other loans…i recommed Ms ping to anyone who need urgent help to easy your burden.
Muhammad Zaki Ibrahim
Attended by Mr.Nizam. Fast and efficiency process. Explain in details about the loan and anything that matters to the loan. Thank you.
Hamzah Yahaya
Despite having few loans outside , Nizam still professionally advice me on my repayment plans and how to decrease . Well done Nizam .. Thanks for Helping.
Website: https://sucredit.com.sg/
Contact: 6636 5644
Location: Burlington Square, 175 Bencoolen Street #01-36, Singapore 189649
Opening Hours: Monday – Saturday 11:30 AM – 7 PM | Closed on Sundays
4. Trillion Credit Solutions
Trillion Credit Solutions is a leading licensed moneylender in Singapore, offering a comprehensive debt consolidation loan designed to simplify your financial management. This loan combines multiple debts into a single, manageable monthly payment, often at a lower interest rate, making it easier to stay on top of repayments. By consolidating your debts, you can reduce the stress of juggling various payments and potentially save on interest costs. Trillion Credit Solutions provides personalised advice to help you regain financial stability, providing flexible repayment terms tailored to your situation. Overall, their debt consolidation loan aims to streamline your finances, improve cash flow, and ultimately, support you in achieving a debt-free future.
Customer Reviews:
Sharifah Begum
Ms Tan checked my credibility and gave a good amount and definitely would recommend trillion credit solutions. Very fast and efficient licenced moneylender.
Brandon Chew
Smooth process, good service and exceptional customer service provided.
Joe Higashi
Mr Tiew is polite and friendly. He provide an excellent customer service. Smooth and fast transaction. Highly recommended!!
Website: https://trillioncredit.com.sg/
Contact:
6509 0111 (Lucky Plaza)
6222 0300 (People’s Park Centre)
Location:
Lucky Plaza, 304 Orchard Rd, #02-12, Singapore 238863
People’s Park Centre, 101 Upper Cross St, #01-26/26A, Singapore 058357
Opening Hours:
Lucky Plaza: 10 AM – 7 PM Daily
People’s Park Centre: Monday – Saturday 11 AM – 8 PM | Sunday 11 AM – 7 PM
5. Monetium Credit
Monetium Credit is another reputable licensed moneylender, offering trusted debt consolidation in Singapore. It provides tailored debt consolidation loans to help you manage your finances more effectively. By combining multiple debts into a single, manageable monthly payment, their debt consolidation plans simplify your financial obligations and often come with lower interest rates. This approach not only reduces the stress of handling various payments but also helps you save on interest costs. Monetium Credit provides personalised consultations to create a debt consolidation strategy that suits your unique needs, ensuring a smooth and convenient application process. Their commitment to data security and customer satisfaction makes them a reliable choice for those seeking to regain overall financial stability.
Customer Reviews:
Sreekanth Ramakrishna
They are very good attitude and having good customer coordination skills, helpful and kind! Extremely happy with Sally and Kim for their professional skills since I know them past 7yrs and having them as employers for Monetium it’s really worth. Really love their customer service 😊!
Pei Juan
Junyong has been very patient and understanding with my situation, he explain the terms of the loan very well and clear. Will definitely come back.
Renee S
I was served by Xin Yee, it was really a pleasant experience, she is very detailed and very polite. The loan process was also very fast.
Website: https://monetiumcredit.com.sg/
Contact: 6777 7775
Location: Sim Lim Tower, 10 Jln Besar, #01-01, Singapore 208787
Opening Hours: 10 AM – 7:30 PM Daily
6. 111 Credit
Another trusted provider of consolidation loans in Singapore is 111 Credit, which offers a debt consolidation loan designed to streamline your financial management. By combining several debts into a single monthly payment, this loan helps minimise the hassle of handling various repayments and often comes with lower interest rates. The application process with 111 Credit is seamless, utilising Singpass for quick and secure submissions, with approvals typically within an hour. 111 Credit also provides professional advice to tailor a debt consolidation plan that suits your unique financial situation, ensuring a stress-free experience. Their dedication to customer satisfaction and financial stability makes them a popular choice for those looking to organise their debts more effectively.
Customer Reviews:
Peace Lover
Staff Jas is friendly and able to help with consolidation plan for first time.
Tay Nguan Teck
Never see so good lender before! Thank you for helping me with consolidation loan.
Cicilia Lim Hui Peng
Mr Soh is a very patient guy. He explains to me the details regarding the benefits of debt consolidation plan. I sincerely recommend his service to those who have issues regarding ease of payment.
Website: https://111credit.com/
Contact: 6908 8111
Location: Lucky Plaza, 304 Orchard Road, #01 36A, Singapore 238863
Opening Hours: Monday – Saturday 11 AM – 7:30 PM | Sunday 11 AM – 5 PM
7. Credit Assist
Credit Assist delivers one of the most reliable debt consolidations in Singapore. It offers a comprehensive debt consolidation loan that can simplify the way you manage your finances. By combining multiple unsecured debts into a single loan, this service allows you to manage your repayments more efficiently. The debt consolidation loan features a lower interest rate compared to individual loans, helping you save on interest costs. Additionally, it provides the convenience of a single monthly payment, reducing the stress of juggling multiple due dates and creditors. Credit Assist ultimately aims to support individuals in achieving financial stability and reducing their debt burden through tailored solutions and expert guidance. This loan by Credit Assist is ideal for those looking to streamline their finances and regain control over their financial future.
Customer Reviews:
Thavamanie Chandrian
Gina is extremely helpful and she went way beyond to help me to consolidate my other debts and eased my burden of paying extra interest. I highly recommend Credit Assist. They are remarkable. Thank you Gina and Team!
Wil Seow
Gina was very professional in giving several options and explaining to me the details, very detailed in her explanation and will answer any doubts or queries. Highly recommended to see her for your urgent financial needs. Thank you once again Gina for the swiftly actions.
Mubi Uzumaki
Excellent service!! So understanding, very friendly and really think of the well being of the customers before they issue cash. They provide 12 months pay back system as well. Tats great for those who cannot pay a big sum. Lowest interest rate than all moneylanders!!! Awesome.
Website: https://www.creditassist.com.sg/
Contact: 6567 8869
Location: Lucky Plaza, 304 Orchard Rd, #01-19, Singapore 238863
Opening Hours: 11 AM – 8 PM Daily
8. Dio Credit
Dio Credit is a licensed moneylender in Singapore that also offers a debt consolidation plan designed to help you manage your finances more effectively. By consolidating multiple debts into a single loan, you can benefit from lower interest rates and a fixed monthly repayment schedule, making it easier to keep track of your payments. This service by Dio Credit is ideal for those struggling with high-interest credit card debts and multiple loan repayments. Dio Credit provides a straightforward application process and quick fund disbursement, ensuring you get the financial support you need promptly. With a focus on personalised solutions and customer satisfaction, Dio Credit ultimately strives to assist individuals in achieving financial stability and reducing their debt burden.
Customer Reviews:
Ray
There was months back taking loans from DIO Credits, thank you loan officer KC I was 1st time there she helped out to my financial difficulties and loan officer Arnold I was 2nd time for loan he helped to debt consolidation to less loan amount They are helpful and professional. Once again thank you loan officer KC and Arnold.
Tan Teck Hoon
Was referred by my friend to find KC she is very helpful with my debt consolidated loan. Now I can pay less with tbe same loan amount. Highly recommended. Best ml in ang Mo kio.
Eugene Ng
Thanks for the consolidation do look for Arnold if need.
Website: https://diocredit.com.sg/
Contact: 6250 1000
Location: Ang Mo Kio Central, Blk 702 Ang Mo Kio Ave 8, #01-2507B, Singapore 560702
Opening Hours: Monday – Friday 11:30 AM – 7:30 PM | Saturday 11:30 AM – 6:30 PM | Closed on Sundays
9. Quick Credit
If you need a fast loan service, Quick Credit is one of your best options. It is a licensed moneylender, offering tailored debt consolidation loans designed to simplify your financial obligations. With its debt consolidation loan, Quick Credit basically helps you streamline repayments and reduce financial stress. Their debt consolidation loans come with competitive interest rates and flexible repayment terms, making it easier for you to regain control over your finances and work towards becoming debt-free. With a fast approval process and personalised service, Quick Credit ensures that you receive the support you need to manage your debts effectively. Whether you are dealing with credit card debts, personal loans, or other unsecured debts, Quick Credit’s debt consolidation solutions provide a practical and efficient way to achieve the financial stability you desire.
Customer Reviews:
Ida Mohamed
Was well greeted by all the staffs, they are so friendly and they way they explained was so clear and easy to understand. Thank you for the great customer service. Kudos!!
Mohamed Fahmi
Very helpful…and and she try to understand our situation.
Joon Zy
Very pleasant experience taking loan as a first timer here. Elise is friendly and helpful with my application. Had a fast transaction with them.
Website: https://quickcredit.com.sg/
Contact: 6899 6188
Location: IMM Mall, 2 Jurong East Street 21, #04-01A, Singapore 609601
Opening Hours: Monday – Friday 10 AM – 8 PM | Saturday & Sunday 10 AM – 5 PM
10. Soon Seng Credit
Completing this list of the best debt consolidation loans in Singapore is no other than Soon Seng Credit, a licensed moneylender that delivers debt consolidation loans to help you manage multiple debts in the most efficient manner. Soon Seng Credit essentially simplifies your repayment process with its debt consolidation solution to reduce the stress of juggling multiple due dates and high interest rates. Their debt consolidation loans feature competitive interest rates and flexible repayment terms, making it easier for you to stay on top of your finances and avoid missed payments. With a straightforward application process and personalised service, Soon Seng Credit ensures you receive the support needed to regain financial stability as quickly as possible. Overall, their debt consolidation solutions provide a practical way to streamline your financial obligations and work towards a debt-free life.
Customer Reviews:
L L
Great attitude and professionalism from officer Mr JC. Willing to provide listening ear and offer advice for debt consolidation. Definitely will come again for future needs.
Chng Cheng Leng
Fast and efficient . Very professional. Offer debt consolidation loan and manage to clear all lenders. Thank you.
Killa Erliana
Thank you Janet for explaining in details on Debt consolidation plan she was super friendly and explain in details. Manage to get a small loan from them. First time and definitely not last. Thank you! ☺️
Website: https://soonsengml.com/
Contact: 6226 8860
Location: People’s Park Complex, 1 Park Rd, #01-21, Singapore 059108
Opening Hours: Monday – Saturday 11 AM – 7:45 PM | Sunday 11 AM – 5 PM
Conclusion
Debt consolidation loans in Singapore play a crucial role in helping individuals manage their finances more effectively by combining multiple debts into a single, more manageable payment. This can lead to lower interest rates, reduced monthly payments, and a clearer path to becoming debt-free. However, it is essential for borrowers to obtain these loans from reliable moneylenders only to ensure they receive fair terms and avoid potential pitfalls, such as hidden fees or unfavorable conditions. Trustworthy lenders provide transparency, competitive rates, and flexible repayment options, which are vital for achieving financial stability and peace of mind. Ultimately, by choosing a reputable provider of consolidation loans in Singapore, borrowers can confidently take steps towards consolidating their debts and improving their overall financial health.