The ultimate loan approval is always contingent upon the internal regulations, procedures, and eligibility standards of each loan source. As a result, it is challenging to determine your eligibility for a final loan prior to utilizing our application form. We boost your chances of acquiring a loan by working with several banks and financial institutions; even if one bank rejects your application, you still have a strong chance of getting accepted by others.
However, in order to apply with Lendingpot, you must meet these minimal requirements:
• You must be between the ages of 21 and 70
• You must have a monthly salary of at least $2,500.
• You must be a Singaporean with a salary, a PR, or an EP holder.
Absolutely.Your application carries no obligation, and you are free to reject any and all of the offers made to you. Please give us a try!
This is based on your yearly income. In Singapore, banks allow you to borrow up to eight times your monthly income and licensed moneylenders up to six times your monthly wage.
The loan conditions, such as interest rate, duration, processing charge, etc., are determined by the particulars of your application. It is therefore challenging to predict the interest rate that you will be offered before you have filed your application. Keep in mind that interest rates might range greatly depending on the loan amount and length granted, as well as across banks and financial organizations. Prior to selecting the offer you like, be sure to evaluate all the offers made to you. If you like to compare the best bank loan interest rate in Singapore, click here.