A1 Credit SG Pte Ltd is a licensed moneylender (License No. 13/2024) listed in the Registry of Moneylenders, under the Ministry of Law in Singapore.

Foreigner Loan

Yes, personal loans for foreigners exist! And A1 Credit is here to help expatriates in Singapore tide over during dire situations in a fast and hassle-free way.

  • Up to 6X your monthly income
  • Get approved in as fast as 30 minutes
  • No hidden fee
hold coin

Apply For a Fast Cash Loan Online

Get your approval in 30 mins by applying here

Personal Loans For Expartin Singapore

Personal loans for foreigners are designed to help foreign workers who are currently employed in Singapore. They are a vital resource for expatriates in Singapore, providing immediate financial assistance for unexpected expenses, emergencies, or essential needs. When facing an emergency situation requiring immediate funds and lacking alternative options, taking a loan can be a wise choice. 

Your Money Woes Sorted Within The Day

How to Apply For a Foreigner Loans in Singapore

01 new


Submit your application here.

02 new

Visit the office

Upon assessing your case, our loan officer will offer you an amount and explain the terms and conditions of the loan for your understanding.

03 new

Signing the Loan Agreement with the Moneylender

Once you agree to the loan amount and repayment terms upon discussion, our loan officer will print out the contract for you to sign.

Get your Cash Loan

Once the contract is signed, you will receive the cash instantly, hassle-free.

Foreigner Loan A1 Credit
Foreigner Loan A1 Credit


Age 21 and Above Age: At least 21 years old
coin 3 Income: Minimum salary of SGD $3,000
Loan approval



In order to qualify for a loan with us, you need the following documents:
  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)
Loan approval

Google Reviews

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.

Avail of Fast Cash Loan Online

Apply for the Best Foreigner Loan withthe Top Licensed Moneylender in Singapore

Get your Loan Approved in 30 minutes!


Foreigner Loan FAQs

A foreigner loan, or expat loan, is a type of personal loan for foreigners in Singapore. It has different eligibility and requirements compared to other loans for Singaporeans. The key requirement is proof of stable employment in Singapore, typically through a valid work permit, to show you have a reliable income to repay the personal loan.

Yes. Foreigners in Singapore can get personal loans from licensed money lenders. Generally, foreigners who are in Singapore on a valid pass, such as an employment pass or S pass, are eligible to apply for a foreigner loan. Loan amounts depend on their income.

Yes, you can apply for a loan online with A1 Credit. The process is quick and convenient, allowing for an application approval in as little as 30 minutes. Following approval, you’ll need to visit our office to sign the necessary documents and collect your cash.

Yes, A1 Credit offers loans to foreigners in Singapore who may not have a credit score in the country. Instead of focusing solely on credit history, we consider factors like employment, income stability, and residency status to determine eligibility and loan terms.

Yes, you are still eligible for a loan in Singapore. However, your application will still be subject to evaluation to ensure that you don’t over-borrow and suffer from financial troubles.

Money lending in Singapore undergoes a strict process to protect both the borrower and the moneylender. Understand that A1 Credit may deduct your regular bank loan repayments against your net income value, which will lower the maximum loan amount you can borrow as well.

For secured loans, there is no set limit on the loan amount. For unsecured loans, the maximum amount A1 Credit can offer depends on the borrower’s annual income:

  • If the annual income is less than $10,000, the maximum loan amount is $500.
  • If the annual income is between $10,000 and $20,000, the maximum loan amount is $3,000.
  • If the annual income is at least $20,000, the maximum loan amount is 6 times the borrower’s monthly salary.

Your loan approval can take as little as 30 minutes, and you can collect your cash at the office on the same day.

The minimum loan tenure for A1 Credit’s foreigner loan is 1 to 6 months.

Before taking a foreigner loan in Singapore, consider the following:

  • Eligibility Criteria: Ensure you meet the financial institution criteria, including having a valid work pass and meeting the minimum income requirements.
  • Loan Terms: Understand the loan details, such as interest rate, repayment period, and any additional fees associated with the foreigner loans.
  • Repayment Ability: Assess your financial situation to ensure you can comfortably repay the loan amount on time.
  • Alternatives: Explore other financing options and compare them to ensure you get a cheaper or the best personal loan.
  • Future Plans: Consider how taking a personal loan will impact your future financial goals and plans. Remember to pay on time and do not borrow what you cannot afford to pay back on time.

The maximum interest rate that A1 Credit can charge is 4% per month with no hidden fees. This cap applies regardless of your minimum annual income and whether the personal loan is an unsecured or secured one.

The computation of interest charged on the loan must be based on the amount of principal remaining after deducting from the original principal the total payments made by or on behalf of the borrower which are appropriated to principal.

  • [To illustrate, if X takes a loan of $10,000, and X has repaid $4,000, only the remaining $6,000 can be taken into account for the computation of interest.]

And what is the maximum late interest rate I would be charged for an expat loan?

If an expat fails to repay their loan on time, the maximum rate of late interest rate that A1 Credit can charge is 4% per month for each month the loan is repaid late.

The late interest can only be charged on an amount repaid late. The moneylender cannot charge on outstanding amounts but not yet due to be repaid.

  • [To illustrate, if X takes a loan of $10,000, and fails to pay for the first instalment of $2,000, the moneylender may charge the late interest rate on $2,000 but not on the remaining $8,000 as it is not due yet.]

All licensed moneylenders are only permitted to impose the following charges and expenses:

  • a fee not exceeding $60 for each month of late repayment;
  • a fee not exceeding 10% of the principal of the loan when a loan is granted; and
  • legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.

The total charges imposed by a moneylender on any loan, consisting of interest, late interest, upfront administrative and late fee also cannot exceed an amount equivalent to the principal of the loan.

  • [To illustrate, if X takes a loan of $10,000, then the interest, late interest, 10% administrative fee and monthly $60 late fees cannot exceed $10,000.]

There are many loan comparison sites you can visit that provide guides and even expert and customer reviews about both loans and moneylenders. They can help you look for deals and institutions that best suit your needs.

On the other hand, most licensed moneylenders offer personal loans which you can easily check from the list of the Registry of Moneylenders, under the Ministry of Law in Singapore here.

As a reputable licensed moneylender in Singapore, we adhere strictly to the Moneylenders Act and Rules, ensuring you receive fast and convenient financing solutions. Our commitment to fair and friendly financial services, as sanctioned by the Ministry of Law, guarantees ease during your financial crunch.

Why A1 Credit Stands Out:

  • Flexible: Ideal for various needs like emergencies, settling in your new house, and extra cash for emergencies
  • Fixed Rates: Stable monthly repayments for budgeting ease.
  • Quick Processing: Fast approval and disbursement for immediate needs.
  • No Collateral: Simple and accessible borrowing without asset security.
  • Early Repayment: Save on interest with early loan repayment.
  • Licensed Lender: Regulated by Singapore’s Ministry of Law for reliability.
  • Fair Treatment: Inclusive approach, even for those with poor financial history.
  • Make sure the moneylender delivers to you the correct principal loan amount. The moneylender is only permitted an upfront deduction of a loan approval fee of up to 10% of the principal amount.
  • Pay the loan instalments on time to avoid incurring late payment fees and late interest.
  • Make sure the moneylender issues to you a receipt every time you make any repayment towards your loan, and check it for correctness (e.g. name, amount, date).
  • Make sure you receive a statement of account for all your loan(s) at least once every January and July, and check it for correctness (e.g. name, amount, date); and
  • You should retain all statement of accounts and receipts of payments, as documentation and evidence of payments.


Get preliminary approval in 30 minutes by applying here
Call Now
× WhatsApp Us