5 Best Debt Consolidation Companies That Are Approved In SG

July 30, 2021
Best Approved Debt Consolidation Companies Singapore

Is your debt so large that you have no idea when it will be paid off? Do you receive bills from a variety of moneylenders and organizations on a regular basis? If you answered yes to any of these questions, it’s time to think about debt consolidation. This allows you to combine various loans into one, which may result in a reduced interest rate and can lower your overall debt with only one institution to pay. This will also allow you to pay your bills more quickly, and you will soon be debt-free!

We’ve compiled a list of the 5 best debt consolidation companies in Singapore to assist you in making your decision. More crucially, these businesses are approved to operate on the island. They have been given permission by the Ministry of Law to provide this service to those who require it. Go ahead and check them out below.

Note: This list is strictly not in order.

1. Orange Credit Pte Ltd

Image Credit: Orange Credit Pte Ltd

People who borrow money from several independent moneylender companies in Singapore frequently find themselves locked in a never-ending cycle of borrowing and repaying. This constant pressure affects not just their ability to pay for basic domestic necessities and family necessities, but also their quality of life. They can move from financial stability to financial catastrophe if their debt continues to grow in a short period of time.

At Orange Credit they offer a debt consolidation loan, they will listen with you to acquire a better understanding of your financial situation. Together with you, they will determine the source of the problem and offer suggestions on how to improve your spending habits or locate part-time work to supplement your income. Ultimately, Orange Credit will come up with a realistic repayment plan for you so that you can pay off your debts over time while staying within your budget. This makes them one of the 5 best debt consolidation companies in Singapore.

Customer Reviews

Tan Gerald

Thanks, Orange Credit and Grace for the responsiveness and professionalism. Given that I had multiple loans, Grace shared with me the perks of a debt consolidation loan which allowed me to resolve the other outstanding loans at a much more competitive rate. Highly recommended.

Suhirman Bakri

Really went out of their way to customize the debt consolidation plan. Impressive.

Contact: +65 6226 8860
Location: 1 Park Rd, #01-21 (5 mins walk from Chinatown MRT, Exit C), People’s Park Complex, Singapore 059108
Opening Hours: Mon-Sat 11AM-8PM | Sun 11AM-5PM

2. Soon Seng Credit

Image Credit: Soon Seng Credit

Soon Seng Credit Pte Ltd makes sure that their loans and commitments are completely clear and that everything is personal. The best part is they can also provide you with a debt consolidation option for your multiple debts.

A debt consolidation loan is a lifesaver for people with many bills to pay off at the same time, as well as those who have trouble paying their payments on time. This form of loan allows you to consolidate your obligations at a lower interest rate than you would if you dealt with them separately. A merged debt also means only one payment due date, which is much easier to remember and keep track of. Plus, you’ll have to make fixed monthly installments on debt consolidation loans throughout the duration of the loan. And Soon Seng Credit Pte Ltd can give this choice to make things lighter for you.

Customer Reviews


Great attitude and professionalism from officer Mr JC. Willing to provide a listening ear and offer advice for debt consolidation. Definitely will come again for future needs.

Abdul Halim

Soon Seng Credit located in Chinatown helped me a lot. when outside all give me weekly loans and short-term monthly loans. They offer me a debt consolidation loan for 12 months to clear everyone. Very grateful and lucky to have met this moneylender. Have been borrowing for many years but finally, it’s ending all thanks to them. Will definitely visit back and recommend it to my friends. Thanks to JC and Jason.

Contact: +65 6226 8860
Location: 1 Park Rd, #01-21 (5 mins walk from Chinatown MRT, Exit C), People’s Park Complex, Singapore 059108
Opening Hours: Mon-Sat 11AM-8PM | Sun 11AM-5PM

3. QV Credit

Image Credit: QV Credit

Depending on your demands, QV Credit provides a variety of loan types. Whether you have a bad credit history or a low income, whether you need money for a wedding or to continue your education abroad, they offer a loan plan that is right for you. Furthermore, they also take great pride in ensuring that customers are completely happy. As a result, there are no hidden fees or interest charges. They are absolutely upfront, and we make you fully understand all of the terms and conditions before you sign the loan contract.

Customers can also opt to choose the debt consolidation loan plans that QV Credit offers. This was launched in 2017 to assist Singaporeans and permanent residents with various unsecured debts. The best thing about this service is that it allows you to be more frugal with your money and better manage your finances.

Customer Reviews

Lisa Tham

I have a few payments overdue because of my bills and expenses, they helped me with the consolidation loan and solve my headache.

Alvin Lee

Miss Ann and may have been exceptionally helpful yet professional in their Conduct. Details and rules were specifically delivered to make u understand the process totally. They deserve a five-star review and complement for their services

Contact: +65 6835 7666
Location: Burlington Square, 175A Bencoolen St, #11-08, Singapore 189650
Opening Hours: Mon-Fri 11AM-8PM | Sat 11AM-4PM | Closed on Sun

4. Golden Credit

Image Credit: Golden Credit

Golden Credit (S) Pte Ltd is a Singapore-based moneylending company that provides loans for a variety of financial problems. They have built an unrivaled reputation by providing services for so many years. This company focuses on ensuring that you are protected from all types of financial difficulties. They recognize that life can throw you some unexpected emergency scenarios. And, if you find yourself in a crisis scenario, they can lend a hand.

One of the easiest strategies to get out of credit card debt or the personal loan trap is to use debt consolidation solutions. Applying for a debt consolidation loan is a terrific method to save money and get a cheaper interest rate on all of your loans. Golden Credit (S) Pte Ltd has a dependable debt consolidation plan with only one payment will improve your repayment comfort and convenience while saving you time, effort, and worry.

Customer Reviews

Siti Raza

taking my time to leave a review here cause I want to praise one of the staff. she has a very positive attitude. and very helpful too. give me a solution to clear my outside loans. helping me for the past few months. really highly recommended

Natasha Wong

I’m so thankful I found Ivy one year ago to help me wif consolidation now I am finally debt-free!! highly recommended!! and she always does very fast bcoz I only have time to go down During lunch break. thanks for being so flexible!! I will recommend my friends and family to go down if they need help

Contact: +65 6224 1300
Location: 101 Upper Cross Street, People’s Park Centre #01-05F, 058357
Opening Hours: Mon-Fri 11AM-8PM | Sat 11AM-6PM | Closed on Sun

5. Lending Bee®

Image Credit: Lending Bee®

Regardless of your financial situation, Lending Bee® has a credit solution that will help you get one step closer to realizing your financial goals. They tailor the best loan solutions for you as an experienced private money lender in Singapore. They have a larger selection of credit solutions than other licensed moneylenders, so they are confident that you will find one that meets your demands among our many loan options. Also, all of their customers benefit from convenient payback schedules, which eliminates the chance of accruing late fees.

In addition, Lending Bee® offers a debt consolidation plan. If you’re having problems paying off your various high-interest credit card debts, a debt consolidation plan will come in handy. You will be able to combine all of your credit card debts at a considerably reduced interest rate as a result, saving you money. That is fantastic!

Customer Reviews

Sam Mega

Your customer service officer Derek Chua is very responsive, concise, and clear in explaining all the loan details. The loan offered is also flexible and within my budget. Definitely will come again. Highly recommended!

Calvin Lin

The officer is professional and friendly. Troy able to provide good advice and assistance on your financial problems.

Contact: +65 6219-1611 (Far East Plaza) | +65 6235 8327 (Yishun)
+65 6242 7833 (Bedok North) | +65 6261 5696 (Jurong East)
Location: 14 Scotts Rd, #02-44/45 Far East Plaza, Singapore 228213
Blk 925, #01-233 Yishun Central 1, Singapore 760925
Blk 213, #01-111 Bedok North Street 1, Singapore 460213
Block 135, #01-335 Jurong Gateway Road, Singapore 600135
Opening Hours: Mon-Sat 11AM-8PM | Sun 10AM-7PM | Closed on PH (Far East Plaza, Beedok North & Jurong East Branches)
Mon-Sat 11AM-8PM | Closed on Sun & PH (Yishun Branch)


A debt consolidation plan is a welcome option for those who are struggling in paying their multiple debts and lessen their burden. However, you must pay your monthly repayments on time, just like any other financial commitment, or you will suffer penalties and costs. Yes, this option is available but it doesn’t give the borrower the privilege to dwindle on his or her payments.

The goal of the 6 best debt consolidation companies that are approved to offer this service is to help customers to be debt-free and be away from the stress of paying a never-ending flow of bills. So, give them a call and seek a consultation from one of their representatives.