7 Licensed Moneylenders in Jurong East: Compare Rates Before Choosing the Nearest Branch

By Best Licensed Moneylender Pte Ltd · Checked 24 October 2026

A lender near home can save you a journey. Before choosing one, check what the loan will cost you over the repayment period.

At Best Licensed Moneylender, we advertise rates from 1.01% per month for eligible applicants, subject to assessment. Our office is at 13 North Bridge Road #01-3984, outside Jurong East.^[1][9] If you are willing to consider another location for a potentially lower rate, compare our offer before committing to a nearby lender.

Cash Direct, for example, publishes a general monthly rate range of 2–4%.^[13] Best's advertised starting rate is lower.^[1][13] Compare the rate and fees you qualify for before paying more for a nearby branch.

About this guide: Best publishes this article and is an alternative to the seven Jurong East lenders below. We checked their listed identities and addresses against the Ministry of Law's 1 October 2026 registry.^[9] This is a selected comparison, not an independent quality ranking or a personal loan recommendation.

Compare Best's 1.01% monthly starting-rate scenario, if approved, with an illustrative 3.92% monthly rate. The 3.92% figure is selected for this example, not a Cash Direct quotation. With the same principal, repayment schedule and fees, the lower rate reduces your interest cost.

The illustration below uses S$3,000 over six months, with S$500 of principal repaid at each month-end. Interest applies to each month's opening balance. Fees are paid separately, not added to the loan or deducted from the S$3,000. It assumes on-time payments and no other charges. Neither lender has supplied this repayment schedule or a personal quote.

With 10% fees on both sides, the model gives total payments of S$3,406.05 at 1.01% monthly and S$3,711.60 at 3.92% monthly. That is S$305.55 less in the lower-rate scenario, including the modelled fee.

If those were your approved terms, would a nearer branch be worth S$305.55 more to you? Consider your journey, time and any other practical needs before deciding.

Check the rate and fee together. Cash Direct publishes a processing-fee range of 6–10%. Our personal-loan page reproduces a MoneySmart listing showing a 10% processing fee; your approved terms depend on assessment.^[13][1] At the lower 2% monthly end of Cash Direct's published range, with a 6% fee, the same model totals S$3,390.^[13] That is S$16.05 less than the Best starting-rate scenario with a 10% fee.

Ask Best for your approved rate and fee, then compare the written totals. Put a dollar value on the difference before deciding how much convenience is worth.

Reading the rate labels: we show a lender's advertised rate where we found one. Otherwise, we show “Up to 4% per month — legal maximum” as a rate ceiling, not its quoted or standard rate. This legal ceiling also applies to Best; an approved rate can be lower.^[12]

1. Cash Direct: compare its published rate range with Best's starting rate

Location: 135 Jurong Gateway Road #02-337B, J Connect.^[9]

Advertised interest: 2–4% per month. Processing fees: 6–10%, with the actual terms in the agreement.^[13]

The Best alternative: rates from 1.01% per month for eligible applicants, subject to assessment.^[1] If you qualify for that rate, compare the full cost with Cash Direct's offer. The six-month example above shows what the difference can mean once fees are included.

2. BST Credit: compare the monthly rate before choosing Jurong Gateway Road

Location: 131 Jurong Gateway Road #01-251.^[9]

Rate ceiling: up to 4% per month — legal maximum. BST's checked pages describe that ceiling rather than a lender-specific starting rate; its calculator uses estimated rate inputs.^[20][21]

The Best alternative: ask about our rates from 1.01% per month, subject to assessment.^[1] Compare your approved offers for the same loan amount and period. If Best's offer lowers your repayment cost, decide whether the closer Jurong branch is worth the difference.

3. JeffLee Credit: compare interest as well as its stated approval fee

Location: 131 Jurong Gateway Road #01-261.^[9]

Rate ceiling: up to 4% per month — legal maximum. Approval fee: 10% of principal, as stated by JeffLee.^[15] The rate ceiling is not a lender-specific offer.

The Best alternative: compare JeffLee's approved monthly interest with Best's from-1.01% monthly starting rate.^[1] Our page reproduces a MoneySmart listing with a 10% processing fee.^[1] Where the approved fees and repayment schedule match, a lower approved interest rate reduces what you pay. Ask Best for the complete comparison.

4. Lending Bee: put the repayment cost beside the branch location

Location: 135 Jurong Gateway Road #01-333 and #01-331, J Connect.^[9]

Rate ceiling: up to 4% per month — legal maximum. Lending Bee's checked personal-loan comparison shows this regulated ceiling, rather than a lender-specific monthly offer.^[24]

The Best alternative: rates from 1.01% per month for eligible applicants, subject to assessment.^[1] Get the approved rate and total repayment from both lenders. If Best's assessed offer costs less, put that saving beside the convenience of Lending Bee's Jurong outlet before deciding.

5. OT Credit: check what “no upfront processing fees” covers

Location: 135 Jurong Gateway Road #01-323.^[9]

Rate ceiling: up to 4% per month — legal maximum. OT Credit says interest depends on the loan and borrower profile. It also states no upfront processing fees.^[25]

The Best alternative: compare our assessed interest and fee with OT's complete terms, including whether any administrative fee applies later. Best advertises rates from 1.01% per month, subject to assessment.^[1] Use the total repayment to weigh the price against the convenience of a Jurong visit.

6. Quick Credit: check the rate and compare the total repayment

Location: 353 Jurong East Street 31 #01-115, Yuhua Place.^[9]

Rate ceiling: up to 4% per month — legal maximum, under the Ministry of Law's rules; this is not a Quick Credit offer.^[12] Its personal-loan page title also advertises 1%*, without establishing the period or explaining the asterisk in the checked page.^[14] Confirm the rate and conditions that apply to your offer.

The Best alternative: start with our published from-1.01% monthly rate, subject to assessment.^[1] Compare it with Quick Credit's approved monthly rate, fee and repayment schedule. Ask Best for an assessment before committing to a higher-cost offer for the sake of location.

7. SGP Credit Singapore: use the approved offer, not a calculator assumption

Location: 133 Jurong Gateway Road #01-295.^[9]

Rate ceiling: up to 4% per month — legal maximum. SGP Credit's checked pages describe the regulated ceiling; its calculator results are indicative, with final terms subject to assessment.^[28][29]

The Best alternative: compare SGP Credit's approved terms with our rates from 1.01% per month, subject to assessment.^[1] A Jurong Gateway Road address may fit your routine. Put the complete repayment figures side by side before deciding what that convenience is worth.

Consider Best if you want to check whether you qualify for our advertised starting rate and are willing to visit North Bridge Road. Our team explains interest, applicable fees and repayment terms before you decide whether to sign.^[1]

A useful comparison starts with the same amount and intended repayment period. Ask each lender for:

• the amount you will receive and any fee you must pay;
• the approved interest rate and calculation method;
• each repayment amount and due date;
• the total you will pay, including fees;
• early-repayment conditions and charges if you pay late.

Compare Best before you choose on location alone. If our written offer costs less, weigh that saving against the extra travel and time.

Is Best located in Jurong East?

No. Best's listed office is at 13 North Bridge Road #01-3984, Golden Beach Vista.^[9] We are an outside-area alternative, not an eighth Jurong East branch.

Will I get Best's 1.01% monthly rate?

It is an advertised starting rate for eligible applicants, subject to assessment. Your approved rate, fees and terms may differ.^[1]

Can I use the visual as my repayment quotation?

No. It uses a stated six-month, equal-principal model to explain the effect of rates and fees. Your actual repayment arrangement may differ. Compare written offers using the same basis before treating a displayed difference as your saving.

Can I complete the entire loan online?

An online application does not remove the required in-person verification. The Ministry of Law says licensed moneylenders must verify borrowers face to face at their approved place of business before granting a loan.^[30]

You do not need to choose a lender because its office is the closest. Find out what Best can offer, compare the complete repayment cost, and decide whether the difference is worth the journey.

Ask Best about your loan options or check our North Bridge Road location. An enquiry does not guarantee approval. Proceed only if you understand the terms and can manage the repayments.