While expat loans are the only financing available to anyone who is not a registered Singaporean, you won’t have any other loans in Singapore as options. However, just as you would when taking out a personal loan for foreigner Singapore or anything similar, consider these things first:
Your monthly salary and expenses before borrowing money. It will be better if you get a personal loan that will fit your budget and an amount of personal loan that you can really pay on time.
The terms of the personal loan and the interest rate. If you’re planning to stay in Singapore for a short while or for a longer period of time, this is necessary.
Repayment schedule. It is also best to analyze your finances first and make a repayment schedule before you get your personal loan. The purpose of having a repayment schedule is for you to manage your finances and be debt-free before you leave offshore.
Able to fulfill your contract and agree legally to the discussed terms and conditions.