1 Credit Car Loan

Get behind the wheel of your dream car
with our Car Loan!

Our unbeatable rates and flexible repayment options will have you cruising in style in no time. Whether you're looking for a brand new ride or a pre-loved gem, we've got you covered. Say goodbye to the hassle of saving up for years - our quick and easy application process will have you approved in a flash. Bad credit? No problem! We believe everyone deserves a chance, so we offer loans for all credit types. Our team of experts is here to guide you every step of the way, ensuring you get the best deal possible. Don't let your dream car slip away - apply for a Car Loan today with 1 Credit Pte Ltd Singapore and hit the road to freedom!

Get a New Car Loan in 3 Easy Steps!

Procedure & Online Application for New Car Loan

Fill out our online application form. Instructions and other requirements will be sent to you via email by our car finance expert. Please check your inbox or spam mail.

Submit all the requirements and/or signed documents needed via email at info@1credit.com.sg. You will also be advised on the next steps and/or other necessary instructions related to your application.

You will be notified by our car finance expert via email and/or call regarding the status of your application.

About 1 Credit Car Loan​

In the bustling metropolis of Singapore, where time is a precious commodity, owning a car has become an indispensable part of life. However, the high cost of vehicles can often deter individuals from realizing their dream of car ownership. This is where car loans step in, providing a viable financial solution to bridge the gap between aspiration and reality.
Car loans offer a convenient and flexible way to purchase a car without having to bear the full financial burden upfront. By spreading the cost over a manageable period, car loans allow you to gradually pay off the vehicle while enjoying the benefits of car ownership.
In the dynamic Singapore car loan market, 1 Credit emerges as a leading provider, distinguishing itself through its unwavering commitment to customer satisfaction and its pledge to provide exceptional car loan solutions.
1 Credit consistently stands out by offering some of the lowest interest rates in the industry, ensuring that you minimize interest payments and maximize your savings throughout the loan tenure.

Recognizing that financial flexibility is paramount, 1 Credit presents a diverse range of repayment options to suit your individual circumstances. Choose from a variety of loan tenures and installment plans that align seamlessly with your budget and financial goals.

1 Credit goes beyond mere financing, offering a comprehensive suite of services to cater to a wide spectrum of customer needs. From car insurance and road tax to car accessories, 1 Credit ensures you have everything you need to get your car on the road and keep it running smoothly.

With an abundance of car loan options available, selecting the most suitable one can be a daunting task. To make an informed decision, consider these crucial factors:

  1. Interest Rates: Compare interest rates offered by different lenders to secure the most competitive deal.

  2. Repayment Terms: Carefully evaluate loan tenures and installment plans to find one that aligns with your financial situation and repayment capacity.

  3. Lender Credibility: Opt for a reputable and established lender with a proven track record of providing reliable car loan services.

1 Credit prides itself on its simplified application process, ensuring that you can secure your car loan quickly and without unnecessary hurdles.

  1. Submit Your Application: Complete a user-friendly online application form, providing accurate and up-to-date information.

  2. Document Verification: Upload or submit the required documents, such as NRIC, income proof, and employment details, to verify your eligibility.

  3. Loan Approval: Receive a prompt loan approval decision, often within 24 hours, eliminating lengthy waiting periods.

  4. Fund Disbursement: Upon approval, the loan amount will be disbursed directly to the car dealer, expediting the car acquisition process.

1 Credit has a rich history of satisfied customers who have successfully achieved their car ownership dreams with our car loan solutions. Their testimonials and success stories provide valuable insights from real-world experiences, demonstrating the effectiveness of 1 Credit’s car loan services.

Transform your car ownership dreams into a reality with 1 Credit’s exceptional car loan solutions. Contact us today or apply online to experience our seamless application process, competitive rates, and unwavering commitment to customer satisfaction. Drive your dream car with 1 Credit, your trusted partner in car financing.

Lowest & Exclusive Interest Rates

Why 1 Credit Car Loan

Direct, No Middleman Fees

Highest Loan Approval Rate

Fast & Fully Guided Process

100% Handling of LTA & Bank

No Additional Charges

FAQs on Used Car Loan​

Most in-house car loans are generally easier to get approval for high loan quantum even if the borrower has low income or credit problems. The processing time is also much shorter compared to bank car loans. In addition, an in-house loan will not affect your Total Debt Servicing Ratio (TDSR).
Cars with applicable open market value (OMV) exceeding $20,000 will be entitled to a maximum loan value of 60% of the car price. Cars with applicable OMV below $20,000 will be entitled to a maximum loan value of 70% of the car price. OMV refers to the original value of the vehicle depreciated over time. The minimum loan amount is $10,000. The maximum car loan term is capped at 7 years, based on the age of the vehicle.
We offer in-house car loans of up to 100% of the purchase price for companies. These cars are typically registered as private-hire (PHV) or corporate vehicles. Please contact us if you require a high car loan and our loan specialist will advise you accordingly.
Interest rates of our used car loans are adjusted regularly and are subject to change. They also defer based on the loan tenure and your credit profile. Tembusu offers some of the most competitive rates in the market, ensuring that your loan is affordable. Contact us for the most current rates and how we can help you secure a favorable deal.

Yes, we provide loans for cars purchased from both dealers and private sellers. Our team will guide you through the documentation required for each scenario to ensure a smooth financing process.

Once we receive your full set of documents, we will be able to provide an approval within 1 working day.
We will need a signed and filled loan application form, a copy of your vehicle sale agreement, a clear copy of your NRIC (front and back), a 2-year notice of assessment (NOA), the latest 12 months CPF contribution history, 6 months payslip or the latest 3 months bank statement if self-employed. Please contact us for a copy of the used car loan application form.

Generally, Singapore Citizens and Permanent Residents with a minimum monthly income of S$2,000 (S$4,000 for foreigners) are eligible for car loans.

Typically, you will need to provide your NRIC, income proof, employment details, and vehicle registration details.

Loan tenures can range from 1 to 7 years, depending on the lender’s policies.

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