In-House Car Loan Service Singapore
If you are having a hard time in getting your car loan approved due to some past credit blemishes, Speed Credit will be able to assist you in financing your dream car through our in-house car loan service in Singapore.
Let us help you with your financing needs and give you the best in-house car loan package that is based on your budget and needs. Our in-house car loan service aims to help those with compromised or no credit records who are usually deprived from getting a car finance through the traditional banking channels in Singapore.
What is also good about our in-house car loan service is it offers a faster and more efficient loan process. Apply for an in-house car loan today.
Contact us today at +65 6444 4400 for more information.
Application Process
- Call us at +65 6444 4400 to speak to our car finance representative.
- Wait for our car finance specialists’ reply or instructions.
- Submit all the required documents via fax (+65 6444 4455) or email (loan@speedcredit.com.sg)
- We will notify you within 1 working day regarding the status of your in-house car loan application.
- Once your in-house car loan application is approved, our car finance specialist will contact you for further instructions.
Eligibility
- Loan applicant should be 21 years old and above.
- Maximum loan amount is 70-80% based on valuation.
- Loan applicant’s minimum income should be S$30,000 or 4x higher than its monthly loan installment.
Requirements for In-House Car Loan Application
Buyer
- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following)
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
- Sales & Purchase Agreement (Used Attached or Own Agreement)
Seller
- Vehicle Log Card / Acknowledgement
- Clear Copy Of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
Guarantor
- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following )
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
Buyer
- Loan Application Form (Preferred 2 chop & Signed , At least 1 is filled , chop & signed )
- Clear Copy Of Acra (Printed Within 3 Months )
- Latest 3 Months Bank Statement
- Sales & Purchase Agreement (Used Attached or Own Agreement)
Guarantor (Director of Company)
- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following )
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
Seller
- Vehicle Log Card / Acknowledgement
- Clear Copy Of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
Buyer
- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of Passport
- Income Documents (Any of the following)
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
- Clear Copy Of Employment Pass (Front & Back)
- Full Set Employment Agreement
- Sales & Purchase Agreement (Used Attached or Own Agreement)
Seller
- Vehicle Log Card / Acknowledgement
- Clear Copy Of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
Guarantor (Must be a Singaporean)
- Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
- Clear Copy Of NRIC (Front & Back)
- Income Documents (Any of the following )
- Latest 6 Months CPF
- 2 Years Notice Of Assesement
- Latest 3 Months Computerized Payslip
Interest Rates
Our in-house car loan interest rate starts from 2.78%.
For more information about our in house car loan service and rates, you can contact our friendly car finance specialist, Ming Xi at +65 9851 8281.
