Singapore is a place where everyone comes in search of work and it is definitely a wonderful place to live as well.

Are you a domestic worker in Singapore and having some financial crisis? Don’t worry because a maid loan has got you covered.

Main loans can help you out in several situations especially if an emergency has popped up back home.

You can also take a maid loan if your income is not enough to suffice your monthly expenses.

Singapore Business Loan by Oasis Credit

Whether you are someone from Singapore or from some other country, the cost of living is definitely high here. You are going to face challenges and financial problems are bound to be frequent.  And if you are the sole breadwinner in your family, things are going to get even worse. Any extra cash apart from your monthly income is always going to help you out.

Where can you apply for a maid loan?

In Singapore, there are several moneylenders who are ready to approve your loan but you must always do some background research about the company you are borrowing the money from.

You must always choose someone who has enough experience and reputation so that you do not get conned or misled.
Also, you must be sure that the moneylender’s practices are completely ethical.

At Oasis Credit, we value our customers and we will guide you in choosing the right path. We have flexible schemes for maid loans and our experienced team will also give you a complete overview of these loans.

What are the advantages of taking a maid loan?

Some of the advantages that you will get if you take a maid loan are as follows –

  • Promote your Financial Progress – As already stated earlier, due to the high cost of living, earning for daily expenses is so difficult that savings for the future is often a far-fetched concept for maids in Singapore. Even if you have something left at the end of the month, it is not enough for a secure future. But availing a maid loan will help you in your own financial development.
  • A Convenient Application Process – Domestic helper loans can also be applied for through an online process. You do not have to take leave and go down to the office physically in order to get a loan. Moreover, offices sometimes have long lines too for the application. But applying online will require a few minutes of your time. Once the approval is done, you have to visit the office only once to get the written contract.
  • Quick Disbursement of Cash – The best thing about a maid loan is its minimal processing time. The cash can be disbursed within minutes of approval. So, in case you have an emergency back home, a quick transfer of funds can be quite beneficial.
  • No Collateral Required – In Singapore, you do not need to provide any collateral for getting a maid loan. Domestic helpers, at least majority of them, do not have any assets to provide as collateral. So, when maid loans are given without the need for collateral, the loans become accessible to everyone.
  • Use the Funds Without Any Restriction –The maid loan can be used for any use. No one will question you on how you plan to use the money. This gives you full freedom on the loan amount. Whether it is an emergency or a simple thing like paying the rent, maid loans can be used in anything and everything.
  • Good Credit Scores Do Not Play a Concrete Role – In all other types of loans, the loan will not be approved if you do not have a good credit score. Thus, the credit score plays a primary role. But in case of a maid loan, the credit score plays a secondary role. Domestic helpers do not always have a good credit rating and moneylenders will not judge you for it. Chances of maid loans being declined due to a poor credit score are very less in Singapore.
  • Flexible Terms and Conditions – As a domestic helper in Singapore, it is not always easy to follow the repayment schedule diligently. That is why you can avail flexible terms and conditions here. You can pay back the loan amount according to your own convenience unlike other type of loans where no room for negotiation is left.
  • Confidentiality – If you are taking a maid loan in Singapore, your details will remain confidential. Incurring debts often leads to loss of public image and loss of reputation.
  • Meet your Financial Obligations – When the gap between your income and expenses becomes too big, it is time for you to bridge that gap and a maid loan can aid you in the process. Unforeseen circumstances can also be dealt with efficiently.
  • Complete Your Education –Domestic helpers do not always get to complete their education due to financial crisis but you can do so with a maid loan and then apply for a better job.

At Oasis Credit,

We will give you a much simplified application process. All you have to do is fill up the application form and attach all the required documents. We will begin processing your loan once you submit these.

Our finance team will assist you with everything and start the disbursement of cash as soon as you complete the application process. You will have to sign the loan agreement and after that the loan amount will be instantly transferred to your account. We know that our customers have diverse requirements and we intend to cater to all of them.

We will evaluate your current financial crisis and give you the right advice on how you can deal with it. We have tailored solutions when it comes to a maid loan and in case of an emergency, we can provide you with a speedy approval process. Our reliable customer support will answer all your queries and help you get a hassle free loan process.

Singapore is a place where everyone comes in search of work and it is definitely a wonderful place to live as well.

Are you a domestic worker in Singapore and having some financial crisis?

Don’t worry because a maid loan has got you covered.

Main loans can help you out in several situations especially if an emergency has popped up back home.

You can also take a maid loan if your income is not enough to suffice your monthly expenses.

http://moneyloans.com.sg/apply-loan-now/

Whether you are someone from Singapore or from some other country, the cost of living is definitely high here.You are going to face challenges and financial problems are bound to be frequent. And if you are the sole breadwinner in your family, things are going to get even worse.Any extra cash apart from your monthly income is always going to help you out.