Loan eligibility is dependant on your income. Licensed money lenders like 118 Credit are able to provide loans up to 6 times of your monthly salary to borrowers. Take note that this restriction is a shared regulation among all lenders.
There are some minor requirements:
You have to be at least 18 years old to apply for a personal loan
Singaporean or a Permanent Resident
Identity Proof (NRIC / Passport / Singpass Mobile App)
Income Proof (CPF / Notice of Assessment / Bank Statements)
Foreigners or expats
Valid Work Pass (Work Permit / S Pass / Employment Pass / Dependant Pass / LTVP with permit to work)
Proof of Address (Latest Phone Bills / Utility Bills / Tenancy Agreement)
3 Months of Recent Payslips