ThinkOne Credit

Get the Most Affordable Car Loan with Think One Credit

Fast Approval | In-House Loan at the Most Competitive Rate

    Why choose us:
  • Trusted company with more than 27 years of experience in Singapore
  • Flexible loan scheme to tailor your needs
  • We do all the paper works and give you a hassle free of application process
  • Built on trust, no hidden terms, all the terms & conditions in black and white
  • Have a bad debt record? Unable to get a loan from the bank? Save your frustration , take the in-house loan with us

  • From start to finish, we take care of every details. Our Think One Credit team are on hand to offer the best financing solutions for you, whether you’re a multinational company, small medium enterprise or individual. Our friendly team can assist with vehicle refinancing and COE renewals.

    To apply for the most affordable car loan promotional rate, kindly fill up our car loan form here. The simple steps as below:

    Step 1: Fill in details
    Step 2: Waiting for approval
    Step 3: Once approved, you’ll sign on the few documents and Drive Away Your Car!

    By applying for a Car Loan with Think One Credit, you’ll be able to enjoy a personalized loan scheme based on your needs, shorter processing time as well as less stringent application process. Alternatively, you can also speak to us to find out more at +65 9129 3300 / 6555 3300 or email us at enquiryhp@thinkone.com.sg


    1.
    New Car Loan (commercial or passenger vehicles)
    2.
    Used Car Loan (commercial or passenger vehicles)
    3.
    Refinancing Car Loan
    4.
    COE Renewal
    5.
    Expat Car Loan

    Additional services apart from the car loan submission:

    We will verify the relevant information and car ownership of the seller
    We offer the administrative support for LTA transaction including the vehicle transfer of ownership for Free
    We will complete all the legal documentation for your loan application purpose
    We will help you deal on the full settlement with the seller’s existing financial institute or bank
    We will help you to obtain few car insurance quotes for your comparison from the different insurance companies

    Car financing can always be a complex subject, below frequently asked Q&A will solve your doubt in a second:


    1.
    Is there any admin fee?
    The admin fee is only applicable on used car, no admin fee for new vehicle loan.
    2.
    Do you offer flexible loan tenure?
    Yes, and it will depend on the vehicle life span also.
    3.
    How establish is this company?
    Think One Group's subsidiary Financial Services – Think One Credit has more than 27 years of experience in Singapore, it is definitely a local company that you can have your trust with us.
    4.
    What is the maximum Loan period for COE renewal?
    If 5 years COE renewal – the max loan repayment term is 4 years.
    If 10 years COE renewal – the max loan repayment term is 7 years.
    5.
    How long will it take to renew my COE?
    Upon loan approval, the renewal process takes approximately 3 working days.
    6.
    Can I apply for the loan, if I am not the car owner?
    The applicant need to be the car owner but you can be the account holder for Giro payment if you are not the car owner.
    7.
    Can I apply for the loan if I am not local citizen/ Singaporean?
    Yes, you will just need to get someone to be your guarantor.
    8.
    Can I apply for the loan if my car is using for private hire?
    Yes. Why not.
    9.
    How much can I borrow for my passenger car?
    The loan amount is depend on the Open Market Valuation (OMV) of the vehicle.
    The Monetary Authority of Singapore (MAS) has financing restrictions on motor vehicle loans granted by financial institutions.
    If the OMV exceeding $20,000 will be entitled to a maximum loan value of 60% of car price (minimum 40% down payment), and if the OMV is $20,000 and below will be 70% of car price (minimum 30% down payment).
    10.
    How much can I borrow for my commercial vehicle?
    The loan scheme is flexible, up to 100% loan for your selection.

    Buyer
    1.
    Loan Application Form (Preferred 2 Signed , At least 1 is filled & signed)
    2.
    Clear Copy Of NRIC (Front & Back)
    3.
    Income Documents (Any of the following)
    4.
    Latest 6 Months CPF
    5.
    2 Years Notice Of Assesement
    6.
    Latest 3 Months Computerized Payslip
    7.
    Sales & Purchase Agreement (Used Attached or Own Agreement)
    Seller
    1.
    Vehicle Log Card / Acknowledgement
    2.
    Clear Copy Of NRIC (Front & Back)
    3.
    Authorization Form To Check Full Settlement (If Vehicle is still under Finance)
    Guarantor
    1.
    Loan Application Form (Preferred 2 Signed, At least 1 is filled & signed)
    2.
    Clear Copy Of NRIC (Front & Back)
    3.
    Income Documents (Any of the following)
    4.
    Latest 6 Months CPF
    5.
    2 Years Notice Of Assesement
    6.
    Latest 3 Months Computerized Payslip

    Next Steps

    Get a personalised quote

    Fill Up Application Form
    By filling up our car loan application form, your application will be faster.
    Apply Now
    Contact us

    +65 6555 3300

    Walk-in

    20 Ubi Road 4 Think One Building