Foreigner Loan Singapore
Being a foreigner residing and employed in Singapore, you are so far away from your home, your family and friends. If you encounter financial assistance, you might not have anyone to turn to. Afterall, talking about money is always a sensitive topic to bring up. And that is where we come in to offer our assistance.
We have a financial assistance scheme that has easy repayment scheme to overcome any monetary obstacles. We dedicate ourselves to ensure that your stay in Singapore is as smooth and uneventful as possible through our Foreigner Loan. Whether it is the deposit for your new rental apartment or cash advance to tide over until your next payday, come to us for a friendly consultation.
The Company’s Lowest Percentage Rate Foreigner Loans
To qualify for the foreigner credit advance, you are expected to have:
- Have a valid Passport
- Valid employment permit
- Most recent three-month Payslip
- Employment letter from your company
- Tenancy contract as evidence of residence
- Mobile bill or Original PUB indicating your home address
- Current bank statement for verification of your earnings
To avoid lengthening application process, it is strongly advisable to make sure that you bring along all the required documents when you come to our branch for consultation. With all the documents in place, your application will have a speedy approval within the same day.
Exceptional Features Of Our Company’s Foreigner Loans
We have modernized our credit advance procedure to enable the application of our foreigner loan and processing to be as simple as it can be.
Some features that ensure our Foreigner Loan is exceptional:
- Straightforward Application
You need to fill out our online loan request form and receive your reply from a committed knowledgeable financial advisor within hours.
- Flexible Settlement Scheme
We provide you with a repayment plan that is manageable for you, based on your earning capability, and other everyday expenditure, to ensure you don’t strain yourself when making your repayments during the loan tenure. You do not want to accumulate any unwarranted debt at the start of your new chapter in a new country.
- No Collateral Or Mortgage Needed
Unlike many financial institutions, we do not need any collateral or asset mortgage for us to approve your application. We understand that you do not owe any available asset in Singapore.
- Lowest Percentage Rates
Our percentage rates are extremely competitive compared to other accredited banking institutions.
- Speedy Approval
Authorization of your credit advance and handling is executed within an hour to ensure speedy availability of your ready money. You do not have to wait for more than a day.
- Swift Cash Payout
Once your advance is authorized, we instantly pay out the ready money to your bank of choice to facilitate your paying of any urgent expenses.
When in financial need, you might not know where or who to turn to. Be careful of errant or illegal moneylenders, make sure that the moneylending institution is legally registered like ours and aligned with Singapore’s moneylending regulations. If you are unsure, please visit us or call us for a free consultation, our service consultants are ready to serve you.
Notes to borrower: LoanCredit.SG aims to be the best financial directory in Singapore. We do not represent any licensed moneylender or offer any loans directly, over the phone or at our office or otherwise. We ensure that all advertisers featured in our business directory are evaluated and selected carefully, particularly those that are licensed by government authorities.
The minimum period of repayment is 2 months and the maximum period of repayment is 6 months. The interest rate offered by the licensed moneylenders is 1% to 4% per month, depending on your credit rating and other factors. This corresponds to a 12% to 48% Per Annum APR based on monthly reducing interest rate.
For example, if you borrow $1,000 for 6 months, at the maximum interest rate of 4% per month (48% APR), your monthly repayment will be $190.76 and total interest for the 6 months is $144.58.
The example mention above is an estimation and for illustration purposes only, please check with the respective Licensed Moneylenders as it may vary due to loan amount, period of loan and other fees such as late fee and late interest rate that may be charged in the event of violation on terms & conditions.