How long before one can take out a loan (personal/car/home)

[magpies]

Hi All,

Just wondering how long is the qualifying period before you can apply for a personal/car/home loan in Singapore ? And can they or will they check your credit history from back home ?

Thanks.

[blue_thunder]

Hi All,

Just wondering how long is the qualifying period before you can apply for a personal/car/home loan in Singapore ? And can they or will they check your credit history from back home ?

Thanks.

It depends..
if you are a PR(Permanent Resident) its easy to get any loans..atleast personal and car loans...not sure abt the housing loans..
but if you are on EP, then interest rates are very high...

Cheers.

[sillingw]

Yes, they have the capability to do an international credit check - loans depends on individual circumstances, we got a mortgage, car loan pretty easy after we provided proof of employment, salary details etc.. They did a credit check and no problem.