Any Singaporean will tell you that whenever you’re in Bishan, you’re bound to have fun. Love nature walks? There’s the Macritchie Treetop Walk Trailhead and Windsor Nature Park. Love nature but want something different? Ang Mo Kio’s water fun park is the best choice for you.
Tourists and foreigners deserve to enjoy all the fun and surprises that Bishan has to offer. You have your budget set for the weekend vacation. But, if you need more cash, you can always count on licensed money lenders to provide you with the best supplementary financing for all your needs.
What’s a Foreigner Loan?
Foreigners in Singapore have major challenges to face when applying for bank personal loans, and it’s not their fault. They have zero credit histories and scores, which foreign applicants can only retrieve from their home nation. Licensed money lenders understand this predicament and offer them as an excellent product suitable for any working foreigner in Singapore.
Why Should You Use a Licensed Money Lender Foreigner Loan?
It’s great to use a licensed money lender foreigner loan than bank-offered personal financing because of the following reasons:
- No Credit Scores and History Required: Virtually every bank in Singapore requires Singaporeans and foreign applicants to have high credit scores for financing approval. With licensed money lenders, foreign workers only need to have stable occupations and income to prove their eligibility.
- Fast Payout: Banks take weeks up to a month to investigate their applicants before approving their loan applications. However, a licensed money lender foreigner loan gives an unsecured loan to the latter without any delay because you receive your loan payout from the branch you applied in after you submit all your requirements,
- Fully-Regulated Lending Services: All licensed money lending services are under the full regulation of the Registry of Moneylenders, which works under the country’s Ministry of Law. If you have any complaints or think that your lender treated you unfairly, foreigners can lodge a complaint against them.
How Can I Apply For a Foreigner Loan?
Here is everything you’ll need to apply for a foreigner loan successfully.
- At least 21 years old
- Minimum monthly income of S $2,000
- 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 (to log into IRAS website)
Steps to Apply
Here are the steps you need to apply for a foreigner loan.
- Book your appointment by calling or visiting our website: You can call us at 6345-9123 or visit our website to book an appointment with us. Make sure you receive a return message from us to confirm your booking.
- Visit our branch: Upon your arrival, our welcoming branch team will ask you about your financial needs to help find the most suitable payment terms and conditions for your financing needs.
- Finalize your loan application: You can ask our staff about everything that you find confusing or unclear. Do not stop until you’ve exhausted all your questions and everything is clear. Our staff will make it a point to answer all your questions as best as they possibly can.
- Claim your loan payout: Upon submitting all your requirements successfully and signing your loan contract, you can now receive your loan payout immediately.
Why Should You Choose Bugis Credit As Your Foreigner Loan Provider?
Bugis Credit is an excellent foreigner loan provider because:
- Decade of Experience: You’re working with a lender that has been providing top-notch Singaporean and foreigner loans since 2007.
- Friendly Staff: Our friendly and courteous staff will always answer all your questions and walk you through the entire application
- Fair Terms and Conditions: Our activities and terms are fully regulated by the Registry of Moneylenders. We guarantee that they’re fair for all applicants.
List of Licensed Money Lender Near Me
Licensed Money Lender Personal Loan Boon Lay
Licensed Money Lender Personal Loan Bukit Panjang
Licensed Money Lender Personal Loan Choa Chu Kang
Licensed Money Lender Personal Loan Clementi
Licensed Moneylender Personal Loan Jurong
Licensed Money Lender Personal Loan Jurong East
Licensed Money Lender Personal Loan Jurong West
Licensed Money Lender Personal Loan Yew Tee
Licensed Money Lender
Ang Mo Kio
Choa Chu Kang
Upper Bukit Timah
Yio Chu Kang
Ready To Get Your Loan?
Request for a quotation from our friendly officers by filling out the form below