QV Credit Foreigner Loans in Singapore
Foreigner Loan for Expats, Maids/Domestic Helpers and Foreign Workers Singapore
As a foreigner working in Singapore, finances can be tough, especially given the high cost of living here. It can be extremely stressful when you do run into cash issues, and that can hinder your experience here in Singapore. Perhaps you have expenses that need to be paid, but your paycheck isn’t coming for a while more, especially if you are working on contract.
It is difficult to borrow money from your family back in your home country, and you probably do not want to burden them. Taking up foreigner loans in Singapore is a viable option for helping you tide over the tough times!
However, foreigners can face a lot of difficulties obtaining a loan, especially from banks, due to Red Tape. There is a long and tedious process to apply and get a loan approved, sometimes up to several months. Not only that, there is a high chance that the loan application is unsuccessful due to lack of collaterals.
But not to worry, there are moneylenders in Singapore who can provide you the loan money with quick approval times! QV Credit offers Foreigner Loans Singapore packages for foreigners who are in need of some extra cash. Whether you be an expatriate, a domestic helper or a foreign worker, we have the best loan products with flexible schedules, low-interest rates and quick disbursement of cash! Taking a foreigner loan in Singapore is not as difficult as you imagine!
What is a Foreigner Loan in Singapore?
A foreigner loan is a loan given to individuals who are not permanent residents or citizens in a country. It is special as it is a personal loan for foreigners, hence the eligibility criteria and documents required will be different from a regular personal loan. These loan packages will take into consideration the policies aligned with foreigners in Singapore to ensure no legal complications. QV Credit offers Foreigner Loan Singapore packages at low-interest rates and flexible loan repayment schedules.
Why Take a Loan with QV Credit?
It is near impossible for a foreigner to qualify for a bank loan in Singapore. Not only is the application process long, but the loan approval time is also even longer and most of the time, the loan is not approved as the applicant does not meet the strict criteria. It will just be a waste of time and source of added frustration trying to take a foreigner loan from the bank. Therefore, you should turn to legal and licensed moneylenders such as QV Credit to take up a personal loan for foreigners. We are committed to helping you have a good life in Singapore. It is already stressful enough being a foreigner, and we understand that you came to Singapore looking for better opportunities. Being in financial difficulty will only lead to even more stress. Therefore, we want to help you out, by providing a foreigner loan, in a quick, simple and honest way. It is easy to apply for a loan with us!
Under our Foreigner Loans, we also have a type of loan for Work Permit Holders Singapore. If you are looking for a Personal Loan for Work Permit Holders, you may also apply for our foreigner loan.
Here are some reasons why we are your choice for a foreigner loan:
Apply Your Easy Foreigner Loan Now!
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Applying for a Foreigner Loan
Taking up a loan with QV Credit is an extremely quick process! No longer waiting times and rejected applications from the bank.
QV Credit’s Tips on Taking a Foreigner Loan Singapore
01 Find a Reliable and Trustworthy Licensed Moneylender
Of course, the number one tip is to find a reliable moneylender. There are many illegal scams out there that will promise you fast cash and no interest rates. Do not fall for those scams. You should always look for a licensed moneylender as they are bound to the rules of the Act of Moneylenders Singapore. Here at QV Credit, we are committed to trust and integrity, and are also legal and licensed. We have your best interests at heart and will always be fully transparent with you. Taking a loan should help not hinder you. If the lender tries to convince you to borrow a very large sum of money, do not take a loan with them.
02 Understand the Purpose of the Loan
Once you understand exactly what the loan is for, you can decide how much you need, how long you will take to pay back the loan money, and the package that suits you. You should also be careful that this money should only be used for your most urgent issues, do not take the foreigner loan as fast cash.
Chances are, you’ll be tempted to spend the extra money on other things that are not necessary. This will harm your finances in the future as you will have a much higher sum to repay. Hence, only take a loan that you are sure you can repay.
Singapore is a wonderful place full of great career opportunities, and finances should not stop you from living your best life here. QV Credit is a licensed money lender committed to ensuring you have fruitful experience and life here, and our loan products are designed just for that! Apply for a loan with us here.
Give us a call today at +65 6100 8655 to speak with our loan assistants if you need more information!