Car loan for a foreigner working as an expat in Singapore

A recent expatriate to Singapore was doing his car shopping when his excitement was met with disappointment because of a roadblock. He could not get a car loan because traditional lenders denied him a car loan due to his lack of local credit history and a guarantor.

That’s when Tembusu Financial Services stepped in. Instead of focusing solely on John’s lack of credit history, we took a holistic approach. We evaluated his background, current employment status, and salary and approved his car loan, making his dream of owning a car a reality.