Here are the frequently ask questions
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Horizon Cash is a loan matching platform to link our clients up with money lenders. Through us you do not have to feel stress on what kind of loan you should apply. We will do the job and arrange the most suitable loan for you.
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No Horizon Cash is not a loan provider nor do we have any authority to approve and loan.
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As of now we are collaborating with more than 30 top money lenders in singapore.
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Always. Your privacy and the security of your data are very important to us. In the process of securing the best loan offer for you, we will only divulge any information relevant to your application. The law also requires all of our banks and financial institutions to abide by Singapore's privacy rules.
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The final loan approval is always subject to each loan provider's internal requirements, processes and eligibility criteria. Therefore, it is difficult to assess your eligibility for a final loan before you have applied using our application form. By partnering with multiple banks and financial institutions, we increase your chances of getting a loan; if one bank declines your application, you still have a good chance of getting approved by others.
Minimum requirements when applying with Horizon Cash
• You have to be 18 - 70 years old
• You have to earn a minimum monthly income of $1,200
• You have to be a salaried Singaporean / PR / EP holder
If you have bad debts
You can still apply with us as we partner with financial institutions who might be able to help you. However, if you have outstanding debts with both banks and financial institutions, your chances of obtaining a loan will be significantly reduced. We still encourage you to apply on our platform, as with Horizon Cash, we can assure you that your application will always be carefully reviewed in order to better understand your financial situation and serve you.
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This is depends on your annual income. In Singapore, banks allow you to borrow up to eight times your monthly income and licensed money lenders up to six times your monthly wage.
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The loan terms – such as cost, interest rate, tenure, processing fee etc. – are based on your unique application and individual circumstances. Hence, before you have submitted your application, it is difficult to estimate the interest rate that you will be offered. Keep in mind that the interest rates can vary significantly between banks and financial institutions and also differ based on the loan amount and tenure that is offered. Make sure to compare all offers given to you before choosing the one you prefer.
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Our job is to make sure that you find the best possible loan. When you accept an offer using our service, we get paid a small service fee from the money lender. That is why our service is 100% free of charge for you as a customer. We work without any hidden fees or charges.