In-House Car Loan
In-House Car Loan at a Glance
*Terms & Conditions apply.
Take the Stress Out - Get Approved Through Our In-House Car Loan
Hassle-Free In-House Car Financing for New, Used, PHV & Commercial Vehicles
Our in-house car loan service aims to help those aspiring car buyers whose car loan applications are usually being rejected by banks or financial institutions in Singapore.
We understand that a car plays a vital role in a person’s day to day living, whether for personal, work, PHV or commercial use, which is why we have weaved together an in-house car loan service that can provide financial support to those who had past credit issues or who are having a hard time in getting their loan approved. We offer competitive car loan packages that are suitable for your budget and financial condition.
Let us help you with your in-house auto loan needs. Getting a car loan through Speed Credit is easier, hassle-free and faster, compared to traditional banking channels in Singapore. Our approval rate is also one of the highest in Singapore – so rest assured that we’ve got your back on this!
Say Goodbye To Car Loan Rejections and Approval Delays
At Speed Credit, we provide our customers with the most competitive interest rates to help not only get their own car in Singapore but also get the best possible value and savings from their car purchase. Whether you’re looking at buying a new car or a used car for personal use or a commercial vehicle for business use, with our extra fast processing time and high approval rate, you’ll be on your way to driving your dream car, much earlier than you’ve expected.
Also, you no longer need to worry about having a face-to-face conversation or perhaps a long phone conversation to appeal for a rejected loan application in your chosen bank. Here at Speed Credit, we give people more chances and evaluate their capabilities to pay off a loan beyond their previous credit history. We also treat our customers equally and provide them with the fastest possible service – no slow turnaround and most importantly, we’ll never leave a customer waiting and hanging.
Reach out to us or fill out our in-house loan application form to find out more. we’ll be happy to share more details with you and help you get an approved loan!
Why Get an In-House Car Loan from Speed Credit?
Company Competence
Competitive Distinction
Free Assistance & Services
Procedure & Online Application for In-House Car Loan
Get an In-House Car Loan in 3 Easy Steps!
Step 1
Fill out our online application form or contact us at (+65) 6444 4400 or (+65) 9851 8281. Instructions and other requirements will be sent to you via email by our car finance expert. Please check your inbox or spam mail.
Step 2
Submit all the requirements and/or signed documents needed via email at loan@speedcredit.com.sg. You will also be advised on the next steps and/or other necessary instructions related to your application.
Step 3
You will be notified by our car finance expert via email and/or call regarding the status of your application.
Eligibility Criteria for In-House Car Loan
- Applicants should be between 21 – 65 years of age
- Singaporeans, Singapore PRs, Foreigners
- Maximum loan amount is 90% based on valuation
Requirements for In-House Car Loan
Individual (Local)
Buyer
- Page 1 of Loan Application Form (1 Copy – Signed, Filled & Completed)
- Clear Copy of NRIC (Front & Back)
- Income Documents (Any of the Following):
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
- Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed
- Sales & Purchase Agreement of Purchased Vehicle
- Copy of Enquire PARF / COE Rebate for Registered Vehicle
Seller
- Vehicle Log Card / Acknowledgement
- Clear Copy of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (if Vehicle Is Still Under Financing)
Guarantor
- Page 2 of Loan Application Form (1 Copy – Signed, Filled & Completed)
- Clear Copy of NRIC (Front & Back)
- Income Documents (Any of the Following):
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
- Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed
Individual (Foreigner)
Buyer
- Page 1 of Loan Application Form (1 Copy – Signed, Filled & Completed)
- Clear Copy of Passport
- Clear Copy of Employment Pass
- Income Documents (Any of the Following):
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
- Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed
- Sales & Purchase Agreement of Purchased Vehicle
- Copy of Enquire PARF / COE Rebate for Registered Vehicle
Seller
- Vehicle Log Card / Acknowledgement
- Clear Copy of NRIC (Front & Back)
- Authorization Form To Check Full Settlement (if Vehicle Is Still Under Financing)
Guarantor (Must be a Singaporean)
- Page 2 of Loan Application Form (1 Copy – Signed, Filled & Completed)
- Clear Copy of NRIC (Front & Back)
- Income Documents (Any of the Following):
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
- Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed
Company
Buyer
- Page 1 of Loan Application Form (1 Copy With Company Chop – Signed, Filled & Completed)
- Clear Copy of ACRA Document (Within 3 Months)
- Latest 3 Months Bank Statement
- Sales & Purchase Agreement of Purchased Vehicle
Seller
- Vehicle Log Card / Acknowledgement
- Clear Copy of NRIC (Front & Back)
- Authorisation Form To Check Full Settlement (if Vehicle Is Still Under Financing)
Guarantor (Director of Company)
- Page 2 of Loan Application Form (1 Copy – Signed, Filled & Completed)
- Clear Copy of NRIC (Front & Back)
- Income Documents (Any of the Following):
- Latest 12 Months CPF Contribution Assessment
- Last 2 Years Notice of Assessment (NOA)
- Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed
In-House Car Loan Interest Rate
Speed Credit
Companies
*Terms & Conditions apply.