Making The Best Choices In A Financial Crisis
Living and working in one of Asia's most expensive cities can be an expensive ordeal. Renting a place to live, ensuring that you have enough to survive to the next paycheck, and even sending the wages you've earned back home to your family.
In an emergency, there is little to no one for you to turn to. What you need is a foreigner loan, a financial support system that would allow you to fulfill your financial obligations, and keep your head above waters.
It's the simplest solution for what could be the worst thing to happen to you.
With a minimum salary of SGD2,000, you can borrow up to six times’ worth of your income.
steps to apply for a foreigner loan in Singapore
What customers are saying
- 144 reviews on
A very pleasant experience in Bugis Credit with the company loan officer Jacob. The whole borrowing process is hassle free and professional. They do give a great customer service and reliable image. A big shout out to Jacob for his customer service provided. Obviously, they are the best, safe and reliable licensed money lender in Singapore from you to seek a loan!
Good and fast services. All the details explained clearly. Will recommend to those who need urgent money.
Jen is a friendly and helpful staff that served very well. Thanks for the good service. Highly recommend !
Fast and efficient trustworthy legal ,can look for consultant Jacob phang very friendly and helpful
Their service is great. The loan officer explained every single detail to me until I understood all the personal loan terms and conditions. The admin fee and interest rate was reasonable as well. Good Licensed Moneylender!
At Least 18+
Minimum Salary of
Minimum Salary of
Loan Eligibility & Requirements
Minimum Salary SGD2,000
- Work Permit / S Pass / E Pass
- Proof of residence (utility bill or tenancy agreement)
- Proof of employment (certificate of employment or recent 3 months payslip)
- Proof of income (bank or account statement)
- SingPass (password to log into IRAS website)
Ready To Get Your Loan?
Request for a quotation from our friendly officers by filling out the form below
Frequently Asked Questions
All foreigners who hold a valid Singapore Work Pass are eligible to apply for a personal loan from banks or Bugis Credit. You must be above 21 years old and have a local business employ you as a full-time employee.
You must also submit a residential tenancy agreement, bank statement and 3 months recent payslip in order for us to have proof of the length of time you are staying in the country are in line with the rules and regulations.
For secured loans, a foreigner can obtain a loan of any amount. For unsecured loans, if the foreigner’s annual income is less than $10,000, the maximum loan amount that Bugis Credit can offer is $500.
If the foreigner’s annual income is above $10,000 but less than $20,000, the maximum loan amount that Bugis Credit can offer is $3,000.
Lastly, if your annual income is above $20,000, the maximum loan amount that Bugis Credit can offer is 6 times of your monthly income.
Bugis Credit can charge only a maximum of 4% per month. This cap applies regardless of your income and whether the loan is an unsecured or secured one.
If a foreigner fails to repay the loan on time, the maximum rate of late interest that Bugis Credit can charge is 4% per month for each month the loan is repaid late.