When you are working in Singapore as a foreigner, there are times when you need financial aid.
The problem is that you are unable to get a loan from any of the banks. The good news is that you can get a foreigner loan in Singapore.
You just need to find a good licensed money lender who is willing to help you with your financial problem. The money lender will take their time to understand your needs and help you through the process. They make the application easy and simple to ensure that foreigners are able to get a loan in time.
There are several things that can happen when living in a foreign land. In Singapore, medical fees can be very expensive for foreigners, and the fees are minimally subsidised by the employer. That’s why foreigners have to pay more for medical services. There are also some legal or visa issues that you might need to pay while working in Singapore. Then there’s the house rent every month. All of these expenses can add up and take a toll on your salary. That’s why some consider getting a foreigner loan in Singapore.
A foreigner loan is a cash loan that can be applied online. A good licensed money lender will be able to process the loan right away. You can also call them, and they will be able to work out the details over the phone.
Once you found a good foreigner loan in Singapore, the next step is to prepare the requirements for the loan. The process will be much faster if you prepare all the requirements before submitting an application. The minimum requirements for a foreigner loan are a passport, valid working pass, and an employment letter. Other requirements for the loan include existing residential tenancy contract; PUB bill or phone bills; bank statement for the past six months; and have been working in Singapore as a full-time worker.
In order to apply for a foreigner loan in Singapore, you need to prepare the requirements. Then submit the loan application. The good licensed money lender will then process the loan application that usually takes less than one hour.
The good licensed money lender will allow you to pay back the foreigner loan in monthly instalment. They have packages that are flexible to suit your situation or needs. The structured repayment packages are easy to understand. The approval process is almost instant as long as all the documents have been submitted. Loan officers are fluent in both English and Chinese to help you through the process from start to finish.
A good licensed money lender will be able to provide you with reliable services. They have personalised foreigner loan in Singapore that suits your financial needs.