A foreigner can also apply for a personal loan in Singapore. There are some banks that offer loans to foreigners. They will require for work pass and have an annual income requirement like at least $40,000.
Licensed moneylenders offer a fast cash loan to foreigners with no minimum income requirements. They can offer a personal loan even the annual salary is at least $10,000. Additional documents are needed such as a work pass, passport, payslips, tenancy agreement for rented property, bank statement showing salary credit, and an employment contract.
