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Car Loan / Refinancing

Used Car Loan Options Suitable for Everyone

Get more car loan options for your used car through HS Financing. Whether you’re buying a used car from a private seller or a dealer, or a company, we can help secure the best rates and loan terms for you. It is our goal to help get you more savings so you can reserve more cash for your current and future needs. Our car loan options have been tailored to every financial status and need. Leave all the processes and paperwork to us – we’ll do all these for you at no charge.

 

Do you have bad credit and have been declined by other banks? HS Financing has been known for being one of the go-to financial companies for people who have had difficulties in getting their car loans approved. Together with our car finance experts, we’ll do our best to help you, no matter the circumstances. Talk to us, let us know more about your challenges and credit history – together, we can make things happen.

You must be between 21 and 65 years of age with a minimum annual income of: $30,000 for salaried and self-employed Singapore Citizens, Permanent Residents and Foreigners

Requirements for Used Car Loans (Local/Foreigner)

 

Buyer

  1. Page 1 of Loan Application Form (1 Copy – Signed, Filled & Completed)

  2. Clear Copy of NRIC (Front & Back) (Local)

    • ​Clear Copy of Passport & Employment Pass (Foreigner)​​

  3. Income Documents (Any of the Following):

      • Latest 12 Months CPF Contribution Assessment

      • Last 2 Years Notice of Assessment (NOA)

      • Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed

4.    Sales & Purchase Agreement of Purchased Vehicle

5.    Copy of Enquire PARF / COE Rebate for Registered Vehicle

 

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 Financing)

 

Guarantor (Must be a Singaporean)

  1. Page 2 of Loan Application Form (1 Copy - Signed, Filled & Completed)

  2. Clear Copy of NRIC (Front & Back)

  3. Income Documents (Any of the Following):

      • Latest 12 Months CPF Contribution Assessment

      • Last 2 Years Notice Assessment (NOA)

      • Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed

Requirements for Used Car Loan (Company)  

Buyer

  1. Page 1 of Loan Application Form (1 Copy with Company Chop – Signed, Filled & Completed)

  2. Clear Copy of ARCA document (within 3 months)

  3. Latest 3 months Bank Statement

  4. Sales & Purchase Agreement of Purchased Vehicle

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 Financing)

Guarantor (Director of Company)

  1. Page 2 of Loan Application Form (1 Copy - Signed, Filled & Completed)

  2. Clear Copy of NRIC (Front & Back)

  3. Income Documents (Any of the Following):

      • Latest 12 Months CPF Contribution Assessment

      • Last 2 Years Notice Assessment (NOA)

      • Latest 6 Months Computerised Payslip or Latest 3 Months Bank Statement if Self-Employed

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