Relocating to a new country can be daunting, but Singapore’s Foreigner Loans offer a swift financial solution. With unsecured loans up to 6x your monthly income and flexible repayment managing expenses becomes stress-free.
Living and working in one of Asia’s most expensive cities can be challenging, especially when you’re caught in a financial pinch.
The high cost of living can strain budgets, making it difficult for foreigners to manage unexpected expenses. That’s where Magnus Credit steps in.
Our foreigner loan is tailored for foreigners, offering a financial lifeline without stringent credit score checks.
We understand how challenging it is to obtain aid from banks and other financial institutions and expats don’t have time to stand in long lines or go through slow application processes.
So, we make things easier for them—thanks to our advanced technology and expert loan specialists.
As a leading licensed moneylender, we’re dedicated to helping you meet your financial needs promptly. Whether it’s for rent, daily essentials, or sending money home, we’ve got you covered.
Apply today and manage your finances with peace of mind and efficiency with Magnus Credit’s supportive and speedy loan services.
Simply fill out and submit the 2-minute loan application form or apply with Singpass My Info.
Check your loan status within the next few hours and know the maximum amount and term.
Head to our office, sign the loan agreement then get your funds instantly.
Our customers’ positive reviews show our commitment to excellence. Read on to see why they trust us.
Apply for the financial support you need in just 2 minutes!
Foreigner loans are personal loans for foreigners residing and employed in Singapore to provide a financial lifeline during emergencies.
Expats must manage expenses for housing, food, communication, and remittances to their families, which can be quite challenging. These loans offer a reprieve by easing these financial pressures.
Moreover, the usage of these loans is not confined, granting borrowers the liberty to utilise the funds as needed.
You can apply for a foreigner loan by visiting our office or via an online application on our website. You'll need to provide your details, financial information, and relevant documents.
Eligibility criteria generally include being at least 21 years old, having a minimum monthly income, and being a foreigner in Singapore with a valid work permit.
Typically, you’ll need to provide:
We offer quick approval, often on the same day given that the documents are complete. We will disburse the funds to you immediately after you have accepted and signed our loan contract.
Magnus Credit stands out as a top-tier licensed money lender in Singapore, known for its attractive loan offerings. We cater to the needs of expatriates with the lowest interest rates, streamlined processes, fast cash disbursement, and flexible repayment loan plans and loan terms tailored for those residing and employed in Singapore.
Yes, we allow early repayment of foreigner loans without penalties.
Yes, Magnus Credit offers foreigner loans to individuals with bad credit, though the loan amount and interest rates may vary depending on your financial situation.
A foreigner loan can improve your credit score if you make timely payments. Regular and prompt repayments demonstrate financial responsibility and help build a positive credit history.
No, we are committed to confidentiality so we do not send any loan information to your home. All loan details are stored digitally and securely with us unless you request a physical copy.
Call us for assistance at 6338 9891 to answer all your queries about a personal loan with us.
Get a real-time estimate of what you get and your monthly loan instalments.
Visit our office and speak to our friendly and professional loan specialists.
Send us your online application which only takes 2 mins.
Get the answers to your enquiries.
