Friday Finance Personal Loan

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Key Features

18%
Interest Rate*
2%
Processing Fee

Other Features

The Registrar of Moneylenders of the Ministry of Law regulates Friday Finance, a licensed moneylender.
Loan Protection Insurance covers all loans provided by Friday Finance.
Friday Finance accepts applicants that banks traditionally reject, so don’t worry if you’ve been rejected by a bank.
You can receive a 50% refund in administrative fees when you fully repay on-time.

Eligibility

Citizenship Status

Singaporeans & Singapore Permanent Residents

Age Requirement

21 to 65 years old

Employment Status

Employed / Self-employed

Minimum Annual Income

Applicants need to provide income documents

Fees and Charges

Processing Fee: S$0
Late Payment Fee: 2% late interest & $40 late payment fee per month

Review

By LOANPANDA

Friday Finance is a licensed moneylender that offers personal loans at an interest rate of 18% and a processing fee of 2%. They accept applicants that banks typically reject and provide loan protection insurance. Applicants need to provide income documents, and there are no processing fees. However, late payments will incur a 2% late interest and a $40 late payment fee per month.

FAQ

A credit card is a convenient tool for people to pay for purchases today, offering many perks and rewards that can add up to more savings for the cardholders.

While there are so many types of credit cards offering different features, you may wonder: How best to choose one that suits you?

Here’s a short guide LOANPANDA has compiled to help you understand the credit card requirements, interest rates and basic payment terms.