Foreigner Loan

With our goal to provide equal access and opportunities to everyone in Singapore, we are elated to offer our personal loan for foreigners to help expatriates like you stabilize monetary conditions during the settling in period or for any personal reasons as you see fit.

  • Low-interest rates from 1 to 4% only
  • Unsecured loan – no collateral/pledging of assets needed 
  • No credit score checking

Moving into a new country like Singapore provides a great experience and a wonderful adventure! But it also comes with financial challenges, such as relatively expensive rent, bills, and other living expenses. When you find yourself short on budget, know that you can count on us.

With a minimum monthly salary of $2,000, you can apply for a foreigner loan from GM Creditz up to 6 times of your monthly salary with low interest guarantee.

Application Process

Apply For a Loan in 3 Easy Steps

Step 1

Call or Apply Online

Skip the lines and apply online using our dedicated online facility. You may also talk to our loan officer at 6588 1886.

STEP2 GM Creditz Loan

Attend In-Person Consultation

Our loan officer will schedule an appointment for you further to discuss the terms and conditions of your loan plan.

step3 GM Creditz Loan

Get Your Money

Receive your money in cash as soon as the agreement has been signed



At Least 18+Years Old

Best SME Start Up & Business,Loan Solutions in City Hall Singapore

Minimum Salary Of SGD2,000 For Foreigner

Documents Requirements

  • Passport
  • Work Permit / S-Pass / Employment Pass
  • Proof of residence (utility bill or tenancy agreement)
  • Proof of employment (certificate of employment if your job is less than 3 months)
  • Recent 3 months payslip
  • Proof of income (bank or account statement)
  • SingPass (to log into IRAS website)
personal Loan

What Our Clients Say About Our Services

Recent Reviews on

Recent Reviews on Google

GM Creditz: Best Licensed Money Lender Monthly Installment Personal Loan Singapore City Hall IconGM Creditz: Best Licensed Money Lender Monthly Installment Personal Loan Singapore City Hall

111, #01-41 North Bridge Road, Peninsula Plaza

4.9 344 reviews

  • Avatar Maria Victoria Dionisio Galang (Miss Chuchubells) ★★★★★ in the last week
    Ms Kim, was helpful and professional throughout our transactions. She was able to explain clearly the types of loans that I could take.
    The place is easy to find too.
  • Avatar Blockade Origin ★★★★★ 3 weeks ago
    Professional and Excellent service. Loan was quick and swiftly approved. Thank you.
  • Avatar Anwar Nor ★★★★★ 2 months ago
    The staff handle very professionally and advised the most efficient package that suits your needs. Thumbs up!! A shout out to Kim Tan!!!
  • Avatar Maria DI ★★★★★ 2 months ago
    Very accomodating and excellent staff. They are all friendly and explain all the details.
  • Avatar Maricel Dela Isla ★★★★★ 2 months ago
    Very accomodating and excellent staff. They are all friendly and explain all the details.
  • Avatar SkyLo ★★★★★ 3 months ago
    I have always took loan from gmcreditz n they are really professional n friendly.
  • Avatar Liza wati ★★★★★ 3 months ago
    Ms Hanna is very helpful and explained in full details. Very pleased with the service rendered. Thk u GM Credit
  • Avatar Qis Ellyza ★★★★★ 3 months ago
    Cassie is such a patience lady who is very professional with her work. Will recommend her to my friends and family!
  • Avatar Farhan Mazlan ★★★★★ 3 months ago
    Excellent service by Mr Daniel! Went through the process with me smoothly and he explained everything to me nicely. Recommended by me if you need to take up a loan!
  • Avatar Nur Shamilah ★★★★★ 4 months ago
    Staff is very professional n explain everythin in details.
  • Avatar finaz Ahamad ★★★★★ 6 months ago
    My 3th time here they very helpful and friendly.. too I will recommend my friends here if they need any loan in future.
  • Avatar Jojo Seow ★★★★★ 6 months ago
    Kim Tan is really helpful towards my request. very patientlly. nice service staff person. excellent services
  • Avatar Carlos Becker ★★★★★ 10 months ago
    They are the best legal loan provider in Singapore. If anyone need any personal loans, look no further, GM Creditz is the best licensed moneylender. Thank you GM Creditz.
  • Avatar Arron Charl Bombarda ★★★★★ 10 months ago
    The best licensed moneylender in Singapore. I am very thankful for their help. Good and recommended service,
  • A Google User ★★★★★ 10 months ago
    The best licensed moneylender in Singapore. I am very thankful for their help. Good and recommended service,
  • Avatar Shamsuri Sidek ★★★★★ 11 months ago
    Been here for quite sometimes.. very friendly staff and will explain to u in details.. well recommended
  • Avatar Hamerul Ayul ★★★★★ 11 months ago
    Helpful and knowledgeable staff (Daniel and Kim). Friendly and will take time to explain the procedures properly and advise eligible loan plans and payments accordingly and within your means.
  • Avatar Alan L ★★★★★ 11 months ago
    There are many money lender company out there but only a few can make it top and GM Creditz is definitely one of the most reliable one. Great experience. Good service. Good listening ears. Build relationship with customer. I been there a few times and all the staff there were friendly. Talk to them about your loan and i'm sure they will be able to advise you without judging you on your current … More financial status.
  • Avatar Ivan Tan ★★★★★ 11 months ago
    I was serve by Ms Kim Tan. Friendly and good service. She understands my situation and provide me a win win solution. Keep it up. Thank you for your help.
  • Avatar Trissa Wirdawati Samat ★★★★★ 11 months ago
    Kim Tan is good consultant. She assist my friends in details on her enquiry. She is friendly and helpful.
  • Avatar Yap Chin Hin ★★★★★ a year ago
    Very reliable company . Kim Tan is professional . She is very polite and very customer oriented..
    Explain to u in detail and cater to ur needs as much as possible.
  • Avatar Lydiana Sohari ★★★★★ a year ago
    Efficient and pleasant transaction with GM Creditz. They are reliable and are able to work out a suitable and affordable payment arrangement for you.
  • Avatar Teresita Luza ★★★★★ a year ago
    Every transaction is smooth. The staff are very accommodating and kind. The company has always been considerate. Best one!
  • Avatar Gerald Aguilar ★★★★★ a year ago
    I always have pleasant conversation with the staff. They are very accomodating. I trust their security on personal data. Very compliant on governement policies. Highly recommended.
  • Avatar Rowena Sugpatan ★★★★★ a year ago
    Cassie Teo is very friendly and accomodating. Fast and flexible in processing. Never expected to be catered well with her kind gesture. Everything was in ease.
  • Avatar Liyana K ★★★★★ a year ago
    Staffs are very friendly and patient when explain. very detail before proceed to next step. Thank you for your help really appreciate it! Keep up the good work👍👍
  • Avatar Pally B ★★★★★ a year ago
    I was attended to by Ms Kim who was soft spoken and very helpful. She explained everything carefully and answered all my questions patiently..I liked the friendly vibe and small talk in between.. will definitely go back if i ever need a loan! Thank you all!

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Foreigner Loan FAQ

Living in Singapore is quite expensive. While adapting to the living expenses, a foreigner loan is an option to help you stabilize your monetary conditions during the settling in period. 

GM Creditz’s foreigner loan allows you to borrow up to six months’ worth of your salary.

Rest assured that there are no hidden charges being imposed by GM Creditz. We take honesty and transparency seriously and discuss all the fees before you sign the contract. 

If you are looking for quick cash for foreigners, know that GM Creditz can deliver faster than the banks.

Before taking a foreigner loan, the first thing is to visit the list of licensed moneylenders registered with Singapore’s Ministry of Law to avoid loan scams.

Secondly, compare the best loan in Singapore suitable to your needs and repayment capability before you borrow.

Lastly, check the customer satisfaction reviews on Loan Advisor and Google Reviews to weigh in which agency is more reliable and trustworthy to borrow money from. 

GM Creditz is licensed and registered with the Ministry of Law. Rest assured that we adhere to the law and offer fair and just interest rates since 2009.

We have established an excellent reputation over the years. In fact, we are noted by our clients as “professional, efficient, and client-oriented,” assuring you that you are borrowing from a legal, responsible, and ethical agency.

Yes, a foreigner loan is also a personal loan but especially dedicated to foreigners in Singapore.

Loan providers require a higher minimum salary for expats compared to citizens and permanent residents. This is because, with foreigners, the risk is even higher due to different factors.

While banks’ foreigner loans are relatively expensive than personal loans, moneylenders such as GM Creditz offer the same interest rate of up to only 4% per month.

Generally speaking, for secured loans, you can obtain a loan of any amount. For unsecured loans, please refer to the table below for the total maximum amount that you may borrow: 

Borrower’s annual income Foreigners residing in Singapore
Less than $10,000$500


At least $10,000 and less than $20,000

At least $20,000 6 times monthly income

All money lenders 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 licensed money lenders 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.

Meanwhile, the maximum interest rate that a moneylender can charge is 4% per month, regardless of the borrower’s income and whether the loan is an unsecured or secured one. 

If a borrower fails to repay the loan on time, the maximum rate of late interest that a moneylender can charge is 4% per month for each month the loan is repaid late.

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 the principal. 

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

Applying for GM Creditz’s foreigner loans is easy and straightforward as long as you have your complete set of documents and information. The application will be processed in less than an hour.

After applying online or calling from the comfort of your home, our loan officer will schedule an in-person appointment to discuss the terms of your loan plan. You will receive the borrowed money on the same day as soon as the agreement has been signed.

GM Creditz offers the best personal loan in Singapore. Our office is conveniently located near MRT City Hall and opposite Peninsula Plaza Bus Stop. 

Address: 111 at North Bridge Road #01-41 Peninsula Plaza Singapore 179098

Operating Hours: Mon-Fri: 11:00am – 9:00pm | Sat-Sun: 11:00am – 6:00pm

GM Creditz’s foreigner loan, an expatriate loan or personal loan for foreigners is designed to ease your financial emergencies for your personal reasons. We make sure to give you the funding that you need immediately, in as short as an hour.

We are proud of our competitive loan plans that adhere to the Moneylenders Act. And we only impose the required and permitted fees and interest rates and make sure to customize the loan plan accordingly.

Moreover, our ultimate goal is to help you with your financial difficulties, not to add a burden to your financial trouble. Take it from our clients’ verified reviews on Loan Advisor, Google Reviews, and Business Listings, that can attest to our promises and core values — professional, efficient, and client-oriented. 

Skip the lines of processing and apply for foreigner loans in Singapore without leaving your doorstep. We look forward to serving you. 

  • Make sure the licensed moneylender delivers to you the correct principal amount of the loan for foreigners or the actual loan amount. The lender is only permitted an upfront processing fees deduction of a loan approval fee of up to 10% of the principal amount
  • Pay the loan installments on time to avoid incurring late payment fees, additional interest rate, and late interest rates.
  • Make sure the licensed moneylender issues you a receipt every time you make any repayment of the loan amount towards your personal loan or foreigner loan in Singapore, and check it for correctness (e.g. name, amount, date).
  • Make sure you receive a statement of account for all your personal loans at least once every January and July and check it for correctness (e.g. name, amount, date); and
  • You should retain all statements of accounts and receipts of payments as documentation and evidence of payments.
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