Rank Xone
1461 posts
Jul 05, 2025
6:42 AM
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Magnus Credit offers Foreigner loan in Singapore with a focus on speed, affordability, and transparency. As a licensed moneylender regulated by the Ministry of Law, they provide loan solutions tailored for expats, work permit holders, and long-term visitors. The application process is fast and digital, taking just a few minutes to complete online. Most borrowers receive same-day approval, and funds are typically disbursed immediately after visiting the office for ID verification and contract signing.
Loan eligibility is straightforward: applicants must be at least 21 years old, employed, and hold a valid pass with a minimum of six months’ validity. Required documents include a passport, valid work or long-term visit pass, recent payslips, and a utility or tenancy bill for proof of residence. Magnus Credit assesses income and employment stability to determine the loan amount, which may be up to six times your monthly salary, depending on your credit profile.
Interest rates are legally capped at 4% per month, and all terms are explained clearly before signing. There are no hidden fees, and borrowers can enjoy flexible repayment plans suited to their budget. The company is also known for offering interest rebates for early repayment and has a professional team ready to assist borrowers through every step of the process.
With its accessible location near Ubi MRT, multilingual support, and transparent service, Magnus Credit remains a top choice for foreigners in Singapore looking for legal, fast, and reliable financial assistance.
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