Foreigner Loan
What is a foreigner loan?
A foreigner loan is offered by licensed moneylenders in Singapore
A foreigner loan is offered by licensed moneylenders in Singapore
Foreigner Loan
What is a foreigner loan?
A foreigner loan is offered by licensed moneylenders in Singapore
A foreigner loan is offered by licensed moneylenders in Singapore
How does a foreigner loan work?
At Orange Credit, our process and interest rates are transparent and clear, allowing foreigners who apply for a loan to understand what their loan types and requirements are. Generally, they need to submit the relevant documents to prove that they are working legally in Singapore. In addition, applicants for foreigner loans may also need to have a guarantor if they do not possess a credit score.
Another factor that affects the eligibility of the loan is the duration of stay. Applicants must remain in Singapore for the duration of the loan
How does a foreigner loan work?
At Orange Credit, our process and interest rates are transparent and clear, allowing foreigners who apply for a loan to understand what their loan types and requirements are. Generally, they need to submit the relevant documents to prove that they are working legally in Singapore. In addition, applicants for foreigner loans may also need to have a guarantor if they do not possess a credit score.
Another factor that affects the eligibility of the loan is the duration of stay. Applicants must remain in Singapore for the duration of the loan
BASIC REQUIREMENTS
To apply for foreigner loans, applicants
- Be 21 years of age
- Possess a valid Singapore Work Pass (S Pass or E Pass)
- Employed on a full-time basis
- Possess an employment letter from the place of employment
- Payslips for the last 3 months
- Possess
proof of residential address such as ; PUB bills, other utility bills, phone bills, or a signed tenancy agreement
If you are in need of a foreigner loan, head down to our office in Singapore (we are 5 minutes from Paya Lebar MRT station) for a no-obligation discussion with our professional, experienced, and friendly loan officers today!
BASIC REQUIREMENTS
To apply for foreigner loans, applicants
- Be 21 years of age
- Possess a valid Singapore Work Pass (S Pass or E Pass)
- Employed on a full-time basis
- Possess an employment letter from the place of employment
- Payslips for the last 3 months
- Possess
proof of residential address such as ; PUB bills, other utility bills, phone bills, or a signed tenancy agreement
If you are in need of a foreigner loan, head down to our office in Singapore (we are 5 minutes from Paya Lebar MRT station) for a no-obligation discussion with our professional, experienced, and friendly loan officers today!
INCOME
Applicants who wish to apply for a foreigner loan will have to show proof of legal residence or will have to meet the higher income requirement as compared to locals.
GUARANTOR
Applicants for foreigner loans may also need to have a guarantor if they do not possess a credit score.
DURATION
Applicants must remain in Singapore for the duration of the loan tenure until it has been fully repaid .
