Compared to other Asian countries, getting loans in Singapore is comparatively easy. If you do not know, almost everybody can actually apply for loan within the highly developed country of Singapore. Yes, even foreigners are granted loans given that they can actually present all the necessary documents.
It is simple to grasp granting loan to citizens but to foreigners? Particularly foreigners who are working in Singapore? The rank and file, not the corporate bosses and CEOs. The reason is money lenders in Singapore truly value trust above everything else. They know that people are responsible, are dependable, and won't run from any sort of obligation. This fundamental premise is what makes loan application in Singapore pretty simple.
The application process for Payday Loan and Personal Loan is very simple and short. Actually, it's as easy as 3 steps. One, request for loan. Two, submit all the documents needed. And three, wait for the approval. After these there simple steps you can now get your money. Accomplishing this is as simple as that. For Singaporean citizens, they are required to submit income taxation statements, CPF statements, latest payslips and proof of billing from their cell phone provider. For foreigners applicants they have to submit a few more documents. Aside from the PUB billing statements and standard payslips, these documents are further needed.
1. Employment ID 2. Passport 3. The Letter Of Appointment From The Employer 4. 6 Months Of Bank Statement 5. Tenancy Contract.
Once all of those requirements are furnished, all one needs to do would be to look forward to the approval of his loans. This usually takes several days, unusually fast compared to the same process in other countries.
The loan application is made comparatively easy as well. As a matter of fact, there are alternative ways to apply for loan in Singapore. One can apply in person but online application is too becoming a trend.
It is simple to grasp granting loan to citizens but to foreigners? Particularly foreigners who are working in Singapore? The rank and file, not the corporate bosses and CEOs. The reason is money lenders in Singapore truly value trust above everything else. They know that people are responsible, are dependable, and won't run from any sort of obligation. This fundamental premise is what makes loan application in Singapore pretty simple.
The application process for Payday Loan and Personal Loan is very simple and short. Actually, it's as easy as 3 steps. One, request for loan. Two, submit all the documents needed. And three, wait for the approval. After these there simple steps you can now get your money. Accomplishing this is as simple as that. For Singaporean citizens, they are required to submit income taxation statements, CPF statements, latest payslips and proof of billing from their cell phone provider. For foreigners applicants they have to submit a few more documents. Aside from the PUB billing statements and standard payslips, these documents are further needed.
1. Employment ID 2. Passport 3. The Letter Of Appointment From The Employer 4. 6 Months Of Bank Statement 5. Tenancy Contract.
Once all of those requirements are furnished, all one needs to do would be to look forward to the approval of his loans. This usually takes several days, unusually fast compared to the same process in other countries.
The loan application is made comparatively easy as well. As a matter of fact, there are alternative ways to apply for loan in Singapore. One can apply in person but online application is too becoming a trend.
No comments:
Post a Comment