How to get a loan with a poor credit score?

This might not be the article you came looking for — but it’s the one you need to read. Just one minute could save you thousands of dollars, especially when even former lenders are now speaking out.



Many brokers (and even some websites, but more on that later) claim they can help you despite your poor credit score, just to stand out from other brokers. But it’s a hollow promise — just one of the many false claims they make.

When one has a poor credit score, things can definitely get challenging. And that is when vultures start to circle. While the Ministry of Law (MinLaw) plans to propose new laws to curb firms from encouraging individuals to self-petition for bankruptcy, what is still not often discussed is how borrowers even get so indebted that they have to file for bankruptcy. Very often, the cycle starts from loan brokers asking borrowers to take sky-high interest rate loans, claiming that it will improve on their credit score, or other tricks that will hurt the borrower. You can read about some of these tactics here.

The reason we are doing this is because our company has observed a sharp increase in such loan ads — many of which lack even a proper website, legitimate contact details, or a valid UEN number, and make outlandish claims that we’ve already debunked in this article, which you should definitely read if you are thinking of using a broker.

See examples of these cookie-cutter websites.
https://bespokecapital.net/
https://mamatfunding.com/
https://onehubcapital.net/
https://www.smbempire.com/ (all social media profiles are fake, and the address actually shows Australia.)We thought it might be necessary to fight fire with fire 🔥and thus this article.

Letting a broker know you have a poor credit score and letting them sense desperation is just giving them a chance to charge you more, for the same work—something we do for free.

A poor credit score is subjective, and the best way to get a loan despite having one is to increase your chances by applying to as many lenders as possible. This is something you can easily do using our tool to reach multiple lenders at once, instead of applying one by one. Whereas the US and UK established broker oversight decades ago under the Truth in Lending Act (TILA) and the Consumer Credit Act, Singapore still operates without any comparable framework—brokers don’t even need to register a company or be a licensed representative.

While MAS has recently issued the “Guidelines on Standards of Conduct for Digital Advertising Activities,”loan intermediaries appear to fall outside its scope. As some brokers resort to misleading ads, others imitate just to remain competitive—creating a downward spiral in transparency. We aim to change that by advocating for regulation. Support our efforts here.

We have also spotted some “lender” websites claiming they can lend to borrowers with poor credit scores. But we noticed the same pattern: a lack of legitimate contact details or any real social media presence. While we are not saying definitively that these are scam websites, we encourage you to do your research before using them.

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