Are you struggling to manage multiple debts? Feeling overwhelmed by various payment deadlines and high interest rates? Power Credit Enterprise Pte Ltd, a trusted licensed moneylender in Singapore, offers a solution designed to help you regain control of your financial life – our Debt Consolidation Loan.
When you borrow from multiple lenders, you end up with multiple due dates, multiple interest rates, and multiple minimum payments. Missing any one of them costs you SGD 60 per lender per month.
A debt consolidation loan Singapore takes all of those separate balances and rolls them into one loan. One repayment. One fixed amount. One due date each month.
It does not erase your debt. It restructures it so you can manage it without juggling.
Power Credit disburses the funds directly to your bank account. You use them to settle your existing creditors. From that point, you owe only Power Credit at one fixed monthly rate.
Are you struggling to manage multiple debts? Feeling overwhelmed by various payment deadlines and high interest rates? Power Credit Enterprise Pte Ltd, a trusted licensed moneylender in Singapore, offers a solution designed to help you regain control of your financial life – our Debt Consolidation Loan.
When you borrow from multiple lenders, you end up with multiple due dates, multiple interest rates, and multiple minimum payments. Missing any one of them costs you SGD 60 per lender per month.
A debt consolidation loan Singapore takes all of those separate balances and rolls them into one loan. One repayment. One fixed amount. One due date each month.
It does not erase your debt. It restructures it so you can manage it without juggling.
Power Credit disburses the funds directly to your bank account. You use them to settle your existing creditors. From that point, you owe only Power Credit at one fixed monthly rate.
As a licensed moneylender in Singapore, we operate under strict regulations set by the Ministry of Law. This ensures that you receive fair treatment and transparent terms.
Our team of experienced advisors will guide you through the entire process, helping you understand your options and choose the best solution for your needs.
We understand that when you're dealing with debt, time is of the essence. Our streamlined approval process means you can get the help you need quickly.
We don't believe in one-size-fits-all solutions. Our Debt Consolidation Loan is tailored to your specific financial situation and goals.
Interest capped at 4% per month. Admin fee capped at 10% of principal. Late fee capped at SGD 60 per month. No charges beyond what the Moneylenders Act 2008 permits.
Applying for a personal loan with Power Credit Enterprise is simple and straightforward:
A Debt Consolidation Loan could be an excellent choice if:
Don’t let debt control your life any longer. With Power Credit Enterprise’s Debt Consolidation Loan, you can take the first step towards financial freedom. As a reputable licensed moneylender in Singapore, we’re committed to helping you achieve your financial goals.
Apply via Singpass MyInfo at xpressloan.com.sg in under 2 minutes. Our loan officers review your outstanding debts and contact you the same day during office hours. If a consolidation loan is not the right option for your situation, we will tell you before you make the trip. Call +65 6443 2940..
Remember, when it comes to managing your debt, choose a licensed moneylender you can trust. Choose Power Credit Enterprise – your partner in financial empowerment.
| Borrower type | Annual income | Maximum loan |
|---|---|---|
| Singapore Citizen / PR | Below SGD 20,000 | SGD 3,000 |
| Singapore Citizen / PR | SGD 20,000 and above | Up to 6x monthly income |
| Foreigner (valid work pass) | Below SGD 10,000 | SGD 500 |
| Foreigner (valid work pass) | SGD 10,000 to SGD 19,999 | SGD 3,000 |
| Foreigner (valid work pass) | SGD 20,000 and above | Up to 6x monthly income |
Source: Ministry of Law — Moneylenders Act 2008. Limits apply to total outstanding balance across all licensed moneylenders, not per lender.
Power Credit combines your existing outstanding balances from multiple lenders into one loan. You make one fixed monthly repayment to Power Credit. Interest is capped at 4% per month on the outstanding balance under the Moneylenders Act 2008. Unlike bank Debt Consolidation Plans, Power Credit accepts borrowers with moneylender debt.
Singapore citizens, PRs, and foreigners with a valid EP, S Pass, or Work Permit may apply. You must be aged 21 and above with verifiable income. Unlike bank DCPs, Power Credit accepts applicants who have outstanding balances with licensed moneylenders. Bank DCPs reject such applicants automatically.
Power Credit checks the MLCB (Moneylenders Credit Bureau), not the CBS used by banks. These are two completely separate systems. A low CBS score or a bank rejection does not automatically disqualify you. We assess your current income and your total MLCB outstanding balance.
One fixed monthly repayment instead of multiple due dates. Interest capped by law at 4% per month on the reducing balance. Admin fee capped at 10% of principal. Late fee capped at SGD 60 per month. Consistent repayments build a positive MLCB record for future moneylender applications.
For Singapore citizens and PRs earning SGD 20,000 or more annually, the limit is up to 6 times your monthly income. For those earning below SGD 20,000, the cap is SGD 3,000. These MinLaw limits apply to your total outstanding balance across all licensed moneylenders in Singapore, not per lender.
Call +65 6443 2940 during office hours. Monday to Friday 11am to 7pm, Saturday 11am to 6pm. You can also apply via Singpass MyInfo at xpressloan.com.sg in under 2 minutes and our loan officers will contact you the same day.
Take the first step towards financial freedom. Contact Power Credit Enterprise today and let us help you consolidate your debts into one manageable loan.
