Not every money problem deserves a year of repayments. Sometimes the right answer is a small loan, cleared in two or three months, and forgotten. That is what a short term loan is for: a defined amount, a short runway, and a full cost you can see before you sign. EZ Pte Ltd is licensed by the Ministry of Law, and our name is on their public registry for you to check first.
A short term loan is a small personal loan repaid over one to three months in equal payments. It sits between a payday loan, which one salary clears, and a monthly installment loan, which spreads a larger sum over up to a year. Shorter tenure means less total interest, because interest from a licensed lender is charged on the balance you still owe, and a balance that shrinks fast collects little.
The bill that is two paychecks wide, not one. A motorbike repair you cannot defer because it is how you get to work. A festive season that ran over budget and needs a clean three-month exit instead of a lingering debt. If you can name the amount and see the finish line from here, this is your loan.
Interest is capped at 4% a month under Ministry of Law regulations, charged only on what you still owe. One admin fee of up to 10% is allowed, deducted upfront. Total interest and fees can never exceed the amount you borrowed. As one worked example: borrow $1,000 over 3 months at the 4% maximum and the estimated repayment is $360.35 a month, $1,081.05 in total. Your actual offer is confirmed after assessment. Everything goes in the contract, explained in English or Chinese before you sign.
Minutes, not paperwork. We see your verified income and can tell you your figure.
We agree the amount and the number of months that fits your salary. No pushing toward more.
Signed in person, as the law requires, with every term explained in English or Chinese. Three minutes from Chinatown MRT.
Full amount, minus only the one admin fee the law allows. Straightforward applications can be approved and paid the same visit.
Typically one to three months at our office. Repayment is in equal monthly amounts, set to your salary dates.
Small amounts by design, inside your legal cap: up to $3,000 if you earn under $20,000 a year, and up to six times your monthly income above that. For a short tenure, we will help you keep the amount to what the months can carry comfortably.
For the same amount, yes. Interest is charged on the remaining balance, so a loan cleared in 3 months collects less total interest than the same loan over 12.
Yes, and it saves you interest. We do not charge a fee for early settlement.
If one salary clears it, take the payday loan. If you need two or three salaries, take the short term loan. Come in and we will say honestly which fits.
Three months from now, this is handled, closed, and your salary is yours again. Come in, ask your questions in English or Chinese, and decide in your own time.
