Why Choose Think One Credit?

  • 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

Document Required

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) 

i. Latest 6 Months CPF 

ii. 2 Years Notice Of Assessment 

iii. Latest 3 Months Computerized Pay slip

4. Sales & Purchase Agreement (Used Attached or Own Agreement)

5. Vehicle Log Card / Acknowledgement

6. Authorization Letter to Check Full Settlement (If Vehicle is still under Finance)

    Document Required

    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) 

    i. Latest 6 Months CPF 

    ii. 2 Years Notice Of Assessment 

    iii. Latest 3 Months Computerized Pay slip

      FAQs

      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 alocal 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. 

      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.