Credit Card Consolidation Loan

We offer unsecured credit card consolidation loans up to $300,000 SGD with longer loan tenures to provide you with one of the best loans in town.

Credit Card Consolidation Loan Singapore

What is a Credit Card Consolidation Loan?

Multiple credit card debt and falling behind on your repayments?

It can get pretty confusing and troublesome if you have many credit card bills to pay every month. It is easy to miss out any payment and credit cards are known to carry very high interest rates.

A credit card consolidation loan helps to consolidate your credit card debt into one single payment per month, making it easier for repayments. 

When you apply for a credit card consolidation loan, you will also be offered lower interest rates and a more comfortable repayment period. 

This bill consolidation helps you to clear your debt and maintain, or even improve your credit score.

If you are currently struggling to make timely repayments on your credit card bills, you might wish to consider opting for a credit card consolidation loan. 

Save yourself the trouble as it is much more convenient, while also providing you with better and lower interest rates.

Get out of your credit card debt, starting today with a credit card consolidation loan from Lending Bee®.

Benefits of a Credit Card Consolidation Loan with Lending Bee®

Our credit card consolidation loan stands out as we provide our borrowers with a wide range of unique benefits.

Better and improved
credit scores

Flexible
loan tenures

Ease of application
and approval

Increased
convenience

FAQ on our Credit Card Consolidation Loans

Frequently Asked Questions

A credit card consolidation loan will amass all your current credit debt across various financial institutions into a single loan. 

With a credit card consolidation loan, you will have to make fixed monthly repayments over the period of your loan tenure. 

This makes for more effective repayment as you will not have to keep track of your multiple loans and their repayment dates and interest rates.

A credit card consolidation loan will come in handy if you are currently having trouble paying off your multiple credit card debt.

It can be extremely helpful for you to clear off your high interest debts. 

This way, you will be better able to keep track of your loan repayments and avoid incurring unnecessary late repayment fees. 

A credit card consolidation loan can also help you get lower interest rates, saving you a significant amount of money. 

Yes. Our credit card consolidation loan will help bring together all your existing credit card debt amassed from various financial institutions into a single plan for easier repayment.

For instance, if you have existing credit debt with three other financial institutions, we can combine them for you into one single credit card consolidation loan.

This way, you will only have to make a single monthly repayment, at a fixed interest rate. 

Credit score is a number used by moneylenders to evaluate how likely an individual will repay his debts and the probability of defaulting on loans. 

It calculates the amount of risks moneylenders face when they lend individuals a loan.

In essence, it is a four-digit number developed from an individual’s previous payments and loan history. 

The score ranges from 1000 to 2000, along with a risk grade from AA – HH.  

Those with a lower score of 1000 (HH) means that they may have a higher chance of defaulting on a loan. 

Those with a higher score of 2000 (AA) means that they will have a lower chance of defaulting on a loan. 

Along with each score, a risk grade and percentage description will be given. The higher the credit score, the easier it is to get a loan.

When applying for a loan, the financial institution will not only look at your credit score, but also at your salary, employment term and bankruptcy information.

With the help of a credit card consolidation loan, you will be able to clear your debts more efficiently at lower interest rates. 

More importantly, ensure that you make your monthly repayments on time and pay off your full loan amount. This can help to improve your credit score.

To qualify for a credit card consolidation loan with Lending Bee®, you’ll simply have to:

  • Be a Singapore Citizen, Permanent Resident or a Foreigner with a valid work permit
  • Be at least 21 years old
  • Be employed / self-employed

For Singaporeans / PRs:

  • Proof of identity (NRIC, passport)
  • Proof of income (CPF / bank statements)
 
For Foreigners:
  • Work Permit / S Pass / E Pass
  • Proof of residence (Utility bills, phone bills, tenancy agreement, etc.)
  • Payslips / bank statements

At Lending Bee®, all applications for our credit card consolidation loan is kept fast and simple. 

  • Step 1: Submit your application via our online application form.
  • Step 2: We will drop you a call regarding your loan application status within the hour.
  • Step 3: Head down to your selected Lending Bee® branch, sign the contract and receive your loan.

We will disburse the funds to you immediately after you have accepted and signed our loan contract at any of our branches

Yes, you can still apply for a credit card consolidation loan with us. We aim to help our borrowers regardless of their credit scores. 

This is why we do not have specific restrictions with regard to credit scores.

No, we do not charge any fees for early loan repayments. 

Outstanding interests, if any, will also be nullified once you have finished repaying your loan earlier than the date stipulated in your loan contract.

No, we do not mail any of your loan information to your home. 

All loan details will be kept digital, and private with us, unless a physical copy is requested.

Credit Card Consolidation Loan 1

3 Simple Steps to receive
your instant cash loan

Receive your loan within the hour!

Submit Online Application

Register an account on our mobile app or simply fill up our loan application form. Takes only 3 mins.

Receive Application Status

Outcome of the loan with the maximum loan amount and tenure will be provided to you in less than an hour.

Fast Cash Disbursement

Head down to your selected Lending Bee® branch, sign the loan contract and receive your money instantly.

Our Latest Customer Reviews (Jan 2021 Update)

Afiq Azmi
Jan, 2021
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Assisted by Mr Andy and Enid regarding the loan to clear some debts. Really helpful, patient and very understanding towards the situation and purpose of the loan. Would recommend to others if in need of personal loans! Thank you!
Miss San
Miss San
Jan, 2021
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Ms Samantha is very friendly and very meticulous in helping me with her loan. Lending bee has been a very smooth and easy transaction to apply loan. Highly recommended. No gimmick at all. Low interest among the rest.
acapemma matrixx
Jan, 2021
Read More
It very good value..Andy Tse. have been great for helping me for getting the loan. He will calculate for me. Enid have been good recep for explaining to me in detail.. 🤗
abu babu
abu babu
Jan, 2021
Read More
Fast response to enquiry, assist to suggest better financial planning...thank you so much alfred..
Tan Thian Seng
Dec, 2020
Read More
Mr. Andy Tee and Ms Loke Yuan Xi are very friendly and professional, they are very helpful and willing to understand your needs and clear in explaining to you regarding the loans. I strongly recommend lending bee if you need any financial helps.
Thong Li Tan
Dec, 2020
Read More
Lending Bee staff is professional and friendly. When a person is in needs for money and they provide the right need and helpful. Excellent lending compared to others.
Ridzwan Juraimi
Dec, 2020
Read More
Fast response to enquiry, assist to suggest better financial planning to reduce monthly burden. Alfred was patient and assisted with the smooth transaction
Gun Metal
Dec, 2020
Read More
Great help and explanation from the staffs, offers other solutions and great service as well. Professional highly recommended

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Credit Card Consolidation Loan 4

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