Review Summary
Credit Xtra is a licensed lender based in Chinatown, Singapore. They are a PickMeALoan aligned lender partner, meaning they actively participate in PickMeALoan’s borrower-first matching programme with transparent terms and competitive rates.
Key Information
| Detail | Information |
|---|---|
| Lender Type | Licensed Lender |
| Regulation | Ministry of Law, Singapore |
| Interest Rate | Up to 4% per month (regulated cap) |
| Loan Types | Personal Loans |
| Eligibility | Singapore Citizens, PRs, Foreigners with work passes |
| Application | In-person at registered office |
Google Reviews & Borrower Sentiment
Based on publicly available Google reviews, borrowers who have used Credit Xtra commonly mention:
- Transparency — Clear explanation of loan terms and fees before signing
- Processing speed — Generally fast approval and disbursement
- Staff professionalism — Helpful and courteous service during application
- Repayment flexibility — Reasonable terms for repayment scheduling
As with any lender, individual experiences may vary. Always read your loan agreement carefully and ask questions about any terms you don’t understand.
How Credit Xtra Compares
Rather than evaluating Credit Xtra in isolation, compare their offer against rates from other licensed lenders on PickMeALoan. Our platform shows you multiple personalised offers ranked by interest rate and total cost — so you can see exactly where Credit Xtra stands relative to alternatives.
Tips Before Borrowing
- Verify the licence — Check Ministry of Law’s register before visiting
- Compare rates — Use PickMeALoan to see offers from multiple lenders
- Read the agreement — Understand interest rate, fees, and repayment schedule
- Borrow what you need — Don’t take more than necessary
- Check for early repayment options — Most moneylenders allow early repayment without penalty