Get Your Personal Loan Approved in 8 Minutes

You can apply for your loan directly online via MyInfo at any time of the day, while banks may require you to go there physically in order to apply for a loan.

Most banks usually close around 4:30pm to 6pm, making it difficult for working adults to make a trip down. Through Crawfort’s efficient loan system, you can save plenty of time.

For foreigners:

– If your annual income is less than $10,000, you are eligible for a loan of up to $500.

– If your annual income is between $10,000 to $20,000, you are eligible for a loan of up to $3,000.

For Singaporeans:

– If your annual income is less than $20,000, you are eligible for a loan of up to $3,000.

– If your annual income is at least $20,000, you are eligible to loan up to 6 times your monthly income.

The amount you are eligible for will be determined on both your assessed ability to repay and your annual income. Those who submit all the completed required documents will tend to have a higher approval rate.

Our loan platform allows you to log in with your Singpass to pre-fill information, hence eliminating time and effort for manual inputs. This greatly increases the efficiency of loan applications, as accurate information can be quickly retrieved from multiple government agencies and inserted accordingly, eliminating possible human errors.

Loan processing and approval within 8 minutes are made possible by the use of an automated system that leverages big data capabilities to analyse comprehensive data sets to score applicants with unparalleled precision.

Your loan status can be easily checked from our loan management portal.

An e-receipt will also be sent to you after every payment in the form of an SMS/email, with your outstanding balance included in the notification.

Alternatively, you can also send us an email at [email protected], or call us at +65 6777 8080 to check.

1. Types of Loans

Before you decide to take a loan, you should understand the different loan options that are available. At Crawfort, we provide both secured and unsecured loans.

a. Unsecured loans are based on credit score, with no collateral necessary.

b. Secured loans require some form of collateral before a loan can be granted.

2. Interest Rates

You should be aware of any interest rates that come with your loan before you apply, along with any hidden fees.

Examples of hidden fees include:

a. Origination fees

b. Appraisal fees

c. Underwriting fees

d. Credit report fees

At Crawfort, we do not include any hidden fees in our rates.

3. Duration of Loan

The duration of the loan will also play a part in determining your total loan cost. Since there are many different loan durations, it is best to discuss your options with our Relationship Manager.

4. Current Financial Situation

The most important factor in deciding whether to borrow money is your financial situation.

By looking at your monthly and yearly budgets, you can make a better decision on the loan amount that you are able to take out.

At Crawfort, we pride ourselves in offering loan package that is tailored to your needs and financial situation.