Consumer Credit in Singapore

Consumer credit in Singapore saw gross lending and outstanding balance levels rise in 2025. Gross lending rose at a faster rate than in 2024. Meanwhile, outstanding balance saw a slower rise. Singapore’s total consumer credit outstanding balance rose largely due to the continued increase in credit card debt and personal loans. This growth was driven by consumers deferring repayments amid high interest rates and rising living costs.

This Consumer Credit in Singapore report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Consumer Credit market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.