For variable income
Self-employed applicants may qualify, but providers often need more evidence of income and business stability than a standard payslip alone.
A provider may review your Notice of Assessment, bank statements, CPF records where available, invoices, business registration or other evidence of recurring income. Requirements vary by bank and licensed lender.
Do not inflate income or submit altered documents. Accurate information gives the lender a better basis for assessing affordability and reduces problems later.
Self-employed borrowers may see different eligibility and pricing from salaried applicants. Compare EIR, processing fees, total repayment, tenure and early-settlement terms rather than choosing a loan based only on approval speed.
Use a repayment amount that remains manageable during a slower business period. Keep business cash flow and personal borrowing separate where possible, and seek professional advice if existing debt is already difficult to service.
Verify before you borrow
Rates, eligibility, promotions and lender availability change. Check the Ministry of Law Registry of Moneylenders for licensed moneylenders and the Monetary Authority of Singapore for regulated financial institutions. For credit-report questions, refer to Credit Bureau Singapore.
Credible.sg is a loan-matching platform, not a lender. Applying is free, but approval and final terms are determined by the lender.
Common questions
Still unsure about something? Message us on WhatsApp and a real person will walk you through it.
No. Credible.sg is a loan-matching platform operated by Simple Stack Pte Ltd. The loan, rate, fees, approval, and disbursement come from the matched lender.
Credible.sg matches applicants with lending partners that are screened for the platform. Always verify the final lender and its current status against the Ministry of Law Registry of Moneylenders or the relevant MAS register before signing.
No. Comparing an offer does not obligate you to accept it. Review the written rate, EIR, fees, repayment schedule, and lender details first.
Common requests include Notice of Assessment, bank statements, business records and identity documents, but the exact list depends on the provider and your profile.
Make an informed choice
Submit one application and review the available terms. There is no obligation to accept an offer.
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