Foreigner Loans

 With SGP Credit Foreigner Loans, foreign nationals who are either expats or students in Singapore can now be given equal preferences on credit or financing options. As it is, SGP Credit sympathises with those experiencing the difficulties of working or residing in a country other than that of your own. Not having access to cash for unexpected expenses and overseas emergencies can really make matters worse.

To date, there are over 2 million foreigners in Singapore, or almost 38% of the Singapore population. If you are among the 1.3 million foreign workforce or 84,000 students in the country, SGP Credit can help you get the extra cash you need for personal expenses as well as available funds in case you need to send money back home to your family or to pay medical bills overseas.

Foreigner loans are personal loans for foreign nationals in Singapore. These types of loans are multi-purpose and short-term cash loans that can be acquired quite effortlessly and have easy, flexible and affordable payment terms (weekly, monthly or payday repayments). Unlike other loan options, Foreigner loans do not have collateral requirements. With SGP Credit, you can be assured that you will not be subject to malicious or hidden credit charges.

SGP Credit can make Singapore not-so-different from being back home in your own country. Apply for our Foreigner Loans and get instant cash at low interest rates to cover your tuition fees, medical bills, travel expenses, electronic gadget purchases, home/auto repair or upgrade, among many others.

To become eligible for SGP Credit’s Foreigner Loans, the application requirements include:

 

  • Full-time employment
  • Age between 18 years old and 65 years old; and
  • Must be a foreigner with a valid Singapore Employment Pass

 

Borrowers should be able to present the following required documents:

 

  • Original and printed copy of latest available Pay Slip (past 3 months)
  • Appointment letter from your company
  • Singapore Employment Pass
  • Valid Passport
  • Bank statement for your payroll bank account
  • Any proof of billing indicating your residential address (tenancy agreement, PUB bill or hand phone bill)

 

If you are a foreign national looking for additional funds to cover for your personal expenses, we advise that you contact us immediately and speak with one of our friendly Customer Care representatives.