In their simplest form, debt consolidation loans are a one-stop solution for individuals to pay off their debts, mainly high-interest debts, and other types of unsecured personal loans.

Even though it is not a solution for individuals to get rid of their financial obligations, it is a single loan sanctioned to pay multiple debts over many months or years. This provides relief to people as they do not have to juggle between different high-interest rate loans, tenures, and locations to repay their loans. It is like a heavy burden offloaded from their shoulders.

Below is a summary of the most popular approved debt consolidation companies in Singapore to help you manage your debts effectively and efficiently.

Approved Debt Consolidation Companies In Singapore

Goldstar Credit Pte Ltd

Orange Credit Pte Ltd

Aero Credit Pte Ltd

Capital Funds Investment Pte Ltd

  • Goldstar Credit Pte Ltd is a debt consolidation company in Singapore created to help clients understand the benefits of a debt consolidation loan, as well as help them save on high interest rates over multiple debts.

  • Low-interest rates and flexible payment plans that can be customised as per the needs and requirements of individuals, their monthly income, expenditure, and other essential factors.

  • Loans are approved quickly, and borrowers can easily repay them. The company also allows borrowers to apply online and grant them business, personal, and micro loans.

  • Top debt consolidation company that provides users with one-to-one consultations to help them understand their financial status and the available options based on their income, loan tenure, fee, repayment structure etc.

  • Focusing on delivering value to customers, they advise borrowers to take preventive measures for their finances and design appropriate repayment plans based on their revenue.

  • They aim to provide low-interest rates and are acclaimed for their service and an informative experience for first timers.

  • Focusing on customer service, flexibility, and confidentiality, this debt consolidation company can be a good financial partner if you find yourself in a financial emergency.

  • They have a convenient 24/7 support system to help get you through financial obstacles at all hours of the day and night.

  • The company’s objective revolves around providing individuals with the best loan processes with no additional fees in their applications.

  • Individuals can apply for an optional consultation to determine whether or not they are eligible for a debt consolidation loan in Singapore.

  • Capital Funds Investment Pte Ltd offers an array of services and loans ranging from payday loans to longer-term personal loans.

  • They boast a simple process for debt consolidation. With the right documentation, individuals can easily get approved for a debt consolidation loan.

  • They offer customers a tailor-made repayment structure for their monthly payments and an easy, effective tracking mechanism for their consolidated loans.

Approved Debt Consolidation Companies in Singapore: Contact Us

Debt consolidation can be an easy, effective solution to solve your financial obligations. Yet, selecting the right debt consolidation loan bank or financial institution can be a long and tedious process due to all the different options, and it is important to be extra careful to secure the best debt consolidation loan offer from a trusted company.

Many times, several non-licensed companies (loan sharks) or banks may purloin your money. Initially, they will indicate to offer very low-interest rates, but take a closer look, and you will realise they have a huge upfront fee. By the time you finish the transaction, they might even just vanish.

To avoid such traps, it is recommended that you use a trusted comparison site to help you identify the best offers from financial institutions and banks. At Lendela, we frequently vet all banks and financial institutions in our partner panel and only work with authorised loan providers.  That way, you can use our services without worrying about falling into the hands of loan sharks.

You might also want to keep an eye out for certification by Singapore’s Ministry of Law when looking for approved debt consolidation companies in Singapore. This will ensure you receive the best treatment for their monetary transactions.

Applying for a debt consolidation loan through Lendela also raises the chances of the loan getting approved, as your application will be sent to multiple loan providers. The process is easy and involves just a few simple steps:

  1. Visit and submit a short debt consolidation loan application. This should only take you a few minutes.

  2.  Once you apply via Lendela, our partnering banks and financial institutions will return with personalised and pre-approved loan consolidation plans, meaning that you only need to pass a final check to start your journey to financial freedom.

  3. Review the offers based on your monthly income, interest rate, credit, tenure, and fees and select the best plan for you.

  4. Book an appointment with the bank to sign the agreement. Once signed, the funds will be released into your account.

Remember that even if you do not qualify for the best approved debt consolidation, it is still possible to wrap the high-interest loans by taking out a personal loan in Singapore to clear them. You can use Lendela’s free online loan matchmaking service today to get a debt consolidation loan from the best banks and financial institutions, with the best terms and conditions.

Key Takeaways:

  • Debt consolidation loans allow individuals to roll multiple debts into one loan with one monthly repayment. This is often done to make debt repayments more manageable and get a lower interest rate.

  • Singapore’s top debt consolidation loan companies are Goldstar Credit Pte Ltd, Orange Credit Pte Ltd, Aero Credit Pte Ltd, and Capital Funds Investment Pte Ltd.

  • Beware of non-licensed debt consolidation loan providers, who operate unlawfully and often charge hefty hidden fees.

  • To avoid loan sharks and simplify the tedious process of sorting through a sea of debt consolidation loan options, Lendela is one of the best places to get a debt consolidation loan safely and conveniently. Visit Lendela and start comparing your loan offers today!