Speed Credit Pte Ltd

Many potential car buyers in Singapore do not have the means to cough-up hefty down payments. As such, it is reasonable for them to seek alternative financing sources that can offer a much higher car loan quantum and flexible financing options.

The Monetary Authority of Singapore (MAS) has placed a cap on motor vehicle loans. The new rules lower the percentage of loan one can take and the tenure of the loan .

Applying for an auto loan in Singapore is not really that complicated - all aspiring car buyers just need to do their homework to achieve a smooth and hassle-free car loan experience.