Understanding And Finding The Best Foreigner Loan In Singapore

foreigner loan in SingaporeBeing a foreigner resident in Singapore or a tourist, traveller does not mean that you are not entitled to a loan if any emergency situation comes up. There are various moneylender agencies that specialise in offering personal loans to foreigners who are in need to financial assistance during their stay in the country. Many people are usually unaware of this option but it is a very viable means of getting financial assistance when you desperately need it.

One of the requirements of getting a foreigner loan in Singapore and a very essential requirement at that is a valid passport and a visa. As an individual working for any local organisation, an employment pass will also be required. As a foreigner, …

Choose a Licensed Money Lender Singapore for Personal Foreigner Loans

foreigner loan in SingaporeA personal foreigner loan in Singapore is a loan that is offered by a non-bank lender to a foreigner. The loan is different from bank loans in that no security is needed, your credit history is not considered, and you get the loan within a few days or even hours. There are several non-bank lenders offering these types of loans in Singapore, some better than others. Understanding the qualities of a good company will help you make an informed decision.

A good company is one that is a licensed money lender in Singapore. Singapore has strict regulations that regulate the industry and picking a company that is licensed is an important vetting step. Go for a company that has been …