Get Lowest Interest Personal Loan
A personal loan in Singapore is basically a type of unsecured loan that you can spend on whatever you wish. Borrowers need not present any form of collaterals or mortgages to the licensed moneylenders when applying for lowest interest personal loan. In Singapore, you can apply for personal loan to pay for urgent expenses, such as credit card payment, house renovation, school fees, car repair, medical bills, or for vacation with your family, shopping for the stuff that you have always been wanting, or for anniversary celebration and wedding etc.
We understand that not everybody is eligible to apply for personal loans from banks in Singapore as banks do not extend credits to high risk borrowers. Therefore, many people turned to licensed moneylenders for help. At Swift Credit, we offer Singaporeans, Permanent Residents and foreigners our personal loan packages. However, the criteria and requirements are different for each category. All borrowers must be at least 18 years of age and must have at least one proof of identification, while foreigners require a valid employment pass in Singapore. For Singaporeans and Permanent Residents, annual income earned must be at least $20,000, while foreigners must earned at least $40,000 per year in order to be eligible for personal loan.
When applying for personal loan, our customers can borrow up to 4x your monthly income, depending on your credit ratings and other existing credit facilities. Repayments for personal loan are usually based in your monthly income and some other factors which will be discussed on a case-to-case basis when you meet up with our loan consultants. Term loans can range from 1 to 7 years, however, the lower your monthly payments, the more interest you will incur during the loan term. Once your personal loan is approved, you will get to enjoy our flexible loan repayment scheme which borrowers can pay back the loan amount on a weekly, biweekly or monthly basis.
Highlights of Swift Credit’s personal loan:
- Highly competitive interest rate
- Flexible repayment scheme (weekly, bi-weekly and monthly)
- Maximum loan terms
- Simple and fast personal loan approval process
- Hassle-free paperwork
- Fast approval
- No collateral or mortgages needed
Our approval process is fast and with the right documents, the cash will be in your bank account almost instantly. At Swift Credit, we customize our personal loan packages according to each client’s needs and requirements. For more information of our personal loan packages, call Swift Credit at +65 6684 4129.