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Loan Details
Max loan amount

6x of your salary

Min age to qualify

21 years old

Max loan tenure

24 months


Smartphones are no longer a commodity or something you can live without in today’s world. You don’t need a smartphone just to browse social media, but to look for valuable information, to stay in contact with your work, to be safe and to pay for your shopping. Research has shown at the average individual spends more than five hours a day on their smartphones and up to 70% of website traffic comes from a mobile device.

Today, the latest phone models from the top brands are selling like hotcakes. Reigning supreme in the world of smartphones are Apple’s iPhone 11, Samsung Galaxy S10 and the Huawei P30 Pro.

At Loan Street Singapore, we understand that smartphones can make the difference be it in school or at work. It affects your results and whether you’ll get a promotion or not. If everyone at work has a smartphone, they can be in the same group, study the same reading materials and take part in work-related conversations. You might miss out on opportunities without a smartphone. 

It is also easier to conduct video interviews or meetings from your smartphone when you are working from home. Conference calls are common nowadays. With an iPhone, Samsung phone or any other smartphone, contactless payment is possible considering many apps that link your credit card to your phone.

Taking the iPhone 11 as an example, it costs $1,090 to $2,280. This is a hefty sum. Hence, we introduce our iPhone 11 / Smartphone Purchase Personal Loan.

Six weeks ago we helped Mr Charlie Kong buy a new iPhone 11 with our iPhone 11 / Smartphone Purchase Personal Loan. Charlie is a first-year art student with a knack for wildlife photography. He wants to be a famous photographer someday, but he cannot yet afford the price for professional photography equipment.

He decided that the best option was to get an iPhone 11 because this sturdy phone has innovative image options that allow him to take beautiful photographs and create a professional-looking portfolio. Since he was getting the phone mainly for his photography interest, he needed the model with the largest memory space, 512GB. Charlie also needed some of the extra conveniences offered by a smartphone, such as social connection and online payment functions especially with Singapore going cashless.

Just a month after purchasing his iPhone 11, Charlie has already created an enviable portfolio with beautiful wildlife pictures, as well as one major gig under his belt.

At Loan Street Singapore, we understand that people need smartphones for different reasons. While some might need them for their work, others might want them because it makes them feel like they belong in a certain social circle.

Whatever your reason for a new iPhone 11 or Samsung Galaxy S10 or any other phone, this should not be influenced by your savings or credit score. At Loan Street Singapore, we have a customizable iPhone 11 / Smartphone Purchase Personal Loan that helps you cover:

  • The price of the phone
  • Monthly instalments
  • Insurance
  • Phone cover
  • Various subscriptions

Launched in July 2019, Loan Street aims to provide even more financial assistance to Singaporeans and Permanent Residents (PRs). We also aim to help educate the borrowers on the differences between licensed and unlicensed money lenders (loan sharks) so that they do not fall into the debt trap. To provide more assistance, Loan Street has launched and built the Learn-and-Succeed community that helps individuals upgrade their knowledge, hard skills and soft skills so as to secure better salaries and a higher standard of living. Our objective of the community is for everyone to upgrade and live even better than before.

Loan Street researches on all 158 licensed money lenders in Singapore and narrows down the best financial institutions. With Loan Street’s help, you will be able to secure a iPhone 11 / Smartphone Purchase Personal Loan at an inexpensive and reasonable amount of interest rate. There will also be regular monthly settlements that are affordable so that your wallets will not be strained further. At the same time, our community will be able to help you upgrade your skills and life.

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