Foreigner Loan

We recognize that foreign workers help drive Singapore’s economy. To extend our gratitude and helping hand, we offer financial support to our expatriates through our ever-dependable personal loan for foreigners in Singapore.

Helpful in the following situations:

  • Immediate money transfer to family overseas
  • Advanced house rent deposit
  • Settling allowance 

Loanable Amount:

Up to SGD30,000


atleast 18 years old for Personal loan

At least 21
years old

Singaporean dollar

Minimum salary of SGD2,000


  1. Passport
  2. Work Permit / S-Pass / Employment Pass
  3. Proof of residence (utility bill or tenancy agreement)
  4. Proof of employment (certificate of employment or recent 3 months payslip)
  5. Proof of income (bank or account statement)
  6. Singpass (To download IRAS NOA)
requirements in getting a loan


Google 4.9 Stars

A1 Credit has always made our customers our priority, and we are very grateful that our efforts are recognized. These are just some of the comments we’ve received over the years on Google Review.

A1 Credit: Best Licensed Money Lender Personal Loan Singapore Chinatown IconA1 Credit: Best Licensed Money Lender Personal Loan Singapore Chinatown

2 Havelock Road, #02-08 Havelock II

4.9 200 reviews

  • Avatar shop patrol ★★★★★ 2 weeks ago
    Shermine very friendly staff and willing to help u all the way. Will definitely intro my family and friends. … More
  • Avatar Michay Abadecio ★★★★★ 7 months ago
    Friendly, fast & easy service available from this good licensed moneylender. My first experience … More with them was from 2018. I am usually served by Jay and he was very pleasant and helpful. He serve with smiles and politely throughout all the loans. He did explained to me clearly and the borrowing is very pleasant and hassle free. My future visits were given warm welcome and they even extended their help to assist me on other problems.
    I am very pleased with their service that they rendered to me when I am facing difficulties. They are the best moneylenders in Singapore that brighten up your day. I would highly recommend everyone if you require their personal loan assistance. Thank you A1 Credit, the best legal moneylenders in Singapore.
  • Avatar Jasmine M ★★★★★ 2 months ago
    Served by shermine , fuss free and explained everything clearly to me . Would definitely recommend using … More them if you are in a tight pinch.
  • Avatar Umar Siddiq Armaya ★★★★★ 4 weeks ago
    Transaction was fast n smooth. Recommanded!
  • Avatar Putri Alhafiz ★★★★★ 3 months ago
    Friendly, patient and efficient staff. Explained the procedures and payment plan clearly.
  • Avatar Mohamad Faiz Mohamad Said ★★★★★ 5 months ago
    Nice customer service that will politely explain the details of your contract patiently..
  • A Google User ★★★★★ 3 months ago
    Friendly, patient and efficient staff. Explained the procedures and payment plan clearly.
  • Avatar Mumtaz Begum ★★★★★ 4 months ago
    Very friendly n helpful service given.
  • Avatar razer raihan ★★★★★ 7 months ago
    Very professional staffs unlike others. Very nice office. Very systematic approach on payments and loans. … More
  • Avatar Melissa Tomalin ★★★★★ 7 months ago
    This was my first time filling out an application form for a business loan with licensed Moneylender. … More I am confused and didn't know which company to choose. Then I found A1 Credit. I decided to take a loan from A1 Credit. The loan officer was very friendly and provided me with a business loan. I recommend A1 Credit to everyone.

Business Loan How To


  1. Apply online or call 6336-0833 to set an appointment at your convenience.
  2. Discuss the plan suitable for your budget with our friendly representative.
  3. Read and sign the contract including fees and terms of payment.
  4. Get the cash instantly!


Before getting a loan in Singapore, it’s important to consider which is the best money lending company to borrow from and what loans are best suited for your financial needs.

A1 Credit is licensed and regulated by the Ministry of Law and is fully compliant to the Moneylender’s Act, making it a reliable and credible company to consider. It also offers a variety of loans, such as personal, payday, bridging, business and foreigner loans.

The requirements and eligibility depend on the type of loan you are getting. Please visit here to see if you are eligible to apply.
According to the Ministry of Law Moneylenders’ Act, the maximum rate of interest a licensed money lender can charge is 4% per month.

If a borrower fails to repay the loan on time, the maximum late interest rate a money lender can charge is 4% per month for each month the loan is repaid late.
You can verify if a money lender is licensed by checking this list by the Ministry of Law.
Under the advertising rules, licensed money lenders are permitted to advertise only through these three channels:
  • Business or consumer directories (in print or online media)
  • Websites belonging to the money lender
  • Advertisements placed within or on the exterior of the money lender’s business premises
A1 Credit only has its website and premises to promote our business. In addition, we are in business and consumer listings to get more visibility from would-be borrowers.
All other channels are prohibited.
If you receive flyers, SMSes, emails or other forms of advertisements, these would be from either licensed money lenders operating in violation of the rules, or unlicensed money lenders.
All foreigners who hold a valid Singapore Work Pass are eligible to apply for a personal loan from banks or A1 Credit. You must be above 21 years old and have a local business employ you as a full-time employee.

You must also submit a residential tenancy agreement, bank statement and 3 months recent payslip in order for us to have proof of the length of time you are staying in the country are in line with the rules and regulations.

A1 Credit offers its full roster of personal, business, bridging, payday, and any other types of financing loans that can fulfill all your financial needs while living in Singapore.

For secured loans, the foreigner can obtain a loan of any amount. For unsecured loans, if the foreigner’s annual income is less than $10,000, the maximum loan amount that A1 Credit can offer is $500.
If the foreigner’s annual income is above $10,000 but less than $20,000, the maximum loan amount that A1 Credit can offer is $3,000.
Lastly, if your annual income is above $20,000, the maximum loan amount that A1 Credit can offer is 6 times of your monthly income.
Local Singapore laws indicate that foreigners can only get a loan six times their monthly salary if the annual income is above $20,000.

If you are earning $10,000 per month, the maximum loan amount that A1 Credit can offer is $60,000. Of course, the approval is subject to the money lender’s decision.
A1 Credit is one of the most reputable and reliable sources of foreigner loans in Singapore. We offer only the fairest terms, low interest rates, and a loan tenure that would suit your needs.

All we require is your financial capability to repay your loan, your length of stay, work permit and employment in Singapore. Your loan application will be approved in the shortest amount of time possible — just as locals do — once you submit the requirements to us.
Foreigners in Singapore need to have the following documents in order to get their loan applications approved:
  • A valid Singapore work permit/pass
  • Above 21 years old
  • Employment letter of offer
  • Residence tenancy agreement/ billing letter
  • Bank statement
  • Recent 3 months payslip
  • Singpass (To download IRAS NOA)
The maximum interest rate that A1 Credit can charge is 4% per month. This cap applies regardless of your income and whether the loan is an unsecured or secured one.

If a foreigner fails to repay the loan on time, the maximum rate of late interest that A1 Credit can charge is 4% per month for each month the loan is repaid late.
Foreigners can only borrow up to six times their monthly salary. Therefore, if you are committing yourself to a foreigner loan, make sure you can handle any interest rate inflations once you fail to pay your repayments.

If it feels risky even after you have performed your loan assessments, then it might be best to consider taking on a lower amount instead.

You will receive your cash instantly after you have signed the loan contract with A1 Credit.

You could research on Google and see their reviews online. In addition, the Registry of Money lenders has also provided a list for all licensed money lenders in Singapore on their website.

women thumbs up with A1 Credit

Get preliminary approval in 30 minutes by applying here

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