Apply now for a quick cash loan online. For foreigners and expatriates.
Foreigner loans refer to credit facilities offered to foreigners working or living in Singapore, by both banks as well as private money lender in Singapore for foreigners.
These loans help finance the education and school fees for children of expatriates/foreigners working in Singapore. Loan limits up to S$100,000 usually with 1-5 year loan tenure.
Offered for new and used car purchases. Typical loan tenure of 5 years. Competitive interest rates but stringent credit checks.
Private lenders provide financing for elective medical procedures and treatments that are not covered under the expatriate's health insurance policy. This allows them to undergo procedures and enhance their quality of life.
Private lenders can often process loans faster than banks as they have fewer formalities and can make quick credit decisions. This helps meet urgent financing needs.
Book an appointment to discuss your loan plan with us.
We offer personal loan in Singapore for foreigners with low interest rate.
Eligibility Requirements for Foreigner Loan
At least 21 years of age and above
Valid passport
Work Permit / S Pass / Employment Pass
Letter of employment
Bank statement income proof
Latest 3 months pay slip
Proof of residence (eg. utility bill, tenancy agreement)
Visit our office for an appointment with our loan consultants to customize a loan package to meet your needs.
After you’ve read and understood the loan terms & conditions and payments, you can sign the loan agreement.
After signing the contract, you will receive your cash loan on the spot or within 1 Day from JD Credit.
about JD Credit Foreigner Loans
Foreigner loan is a personal loan catered for non-Singaporeans who are currently residing in Singapore. This loan is designed to provide urgent cash relief to foreigners, that other institution and banks may not offer.
Most personal or fast cash loans provided by financial institutions such as banks and local moneylenders are usually exclusive to Singaporean citizens or Permanent Residents. We do understand that foreigners may face difficulties in cash flow and may need to obtain personal loans in dire times-and even if they do, it may take some time before the loan is approved.
To be eligible for a loan as a foreigner, you must: – Be 21 years of age and above – Have a valid passport.
No. However, the loan amount we grant under the foreigner loan is subjected to your income proof and any outstanding loan you have.
To apply, we will require: – A valid working permit issued – The last 3 months of your most recent pay slip – Valid letter of employment – Proof of billing to your residential address.
Once applications has been approved and we have received all the necessary documents, you will receive cash immediately.
The loan amount is subjected to your income proof and whether you have any outstanding loan. You may indicate your preferred amount. However, we will determine if your desired loan amount is granted, or likewise, we will propose an alternative amount.
The maximum tenor for foreigners is 1.5 years. Any longer will be subject to discussion and approval while we process your loan request.
May I fully repay my loan amount at any time before my tenor ends? Yes, you may do so. There will even be interest rebate and the earlier you settle, the more interest you will save.
You may consolidate your foreigner loan along with any other personal loans you have taken and are currently paying into our debt consolidation scheme.
Yes, you may after one month upon receiving your foreigner loan approval.
Proof that applicants are at least 21 years of age and above
Proof of a Singapore incorporated corporation / firm
The most recent printout of your ACRA
NRIC / Work pass / Passport of ALL directors / shareholders / partners
A tenancy agreement of your business location
Your latest balance sheet (if applicable)
Your company seal or stamp
Proof of assets or title deeds for our secured loans that involve lower interests
