Driver’s License Loan

Driver's License Loan

As the cost of living in Singapore continues to go up, and job employment remains competitive and scarce due to the economic slowdown. Many Singaporeans are turning to become private-hire drivers to pursue their financial goals.

Be it creating a secondary source of income or a full-time income to support their family and themselves, we understand that it can be tough. 

Getting a driver’s license can be costly not just in terms of training fees but in time required too. (The average cost of a driving license can cost anywhere from 1.3k to 2.4k not taking into account of re-test from failures.)

Here’s how we can

Let us help you move closer to your financial goals by financing your driver’s license training fees through loans.

We provide flexible repayment plans for loans. Repayment plans are customizable based on your preference, or what works best for you.

Enquire for more information about the repayment options.

Cash Loan and Personal Loan Interest Rate

– Up to $3,000, if your annual income is less than $20,000 (any income is welcome);
– Up to 6 months’ income, if your annual income is $20,000 or more.
– We are open to student, unemployed / no income, ex-bankrupt, bad credit & NSF who is above 21 years old.

Our interest rates is 4% monthly, set by Ministry Of Law for licensed money lender.

Loan Amount Term Interest Repayment
$1,000 1 Month $40 (4%) $1,040
$2,000 1 Month $80 (4%) $2,080
$3,000 1 Month $120 (4%) $3,120