Mon to Fri: 11am – 8pm | Sat: 12pm – 5pm

3 Ways to get a loan for Christmas Shopping 2022

Christmas is the happiest season of the year! But with all the festivities, it can take a lot of work to budget for everything you need.

Christmas shopping can be expensive, but don’t let that stop you from celebrating the season with your loved ones.

You may secure the financing you need to make your holiday shopping dreams a reality with the appropriate planning and creativity.

In this blog post, we’ll go over some of the ways you can get a loan for Christmas shopping. Read on to learn more!

Things to Consider before taking a Loan for Christmas Shopping

Personal loans, payday loans, and foreigner loans are some of the loan options available for Christmas shopping.

Each has its advantages and disadvantages, so do your homework before determining which is the right option for you.

There are certain guidelines to follow when selecting a loan type to guarantee you get the best offer.

Find out how much you need to borrow first, then compare the terms and interest rates offered by other lenders.

Before applying for a loan, checking your credit score is also a good idea. This will give you some idea of the interest rate you can anticipate paying.

Finally, it’s time to start shopping after your loan has been granted! Be careful to stay within your budget and refrain from going overboard.

You may ensure that everyone has a stress-free and happy holiday season with careful planning and a little assistance from a loan.

Different Types of Loans for Christmas Shopping

Personal Loan

Personal loans are an excellent option to obtain the funds you require for Christmas shopping. You can fund your Christmas season using a personal loan, which usually has a fixed interest rate and monthly installments.

If you have a good credit history, getting approved for this type of loan should not be too difficult; however, if your score is low or if there are other factors that make it difficult for banks to approve your application (like not having enough income), then another option such as a licensed money lender in Singapore may be better suited towards meeting those needs.

Here at Quick Loan, we offer instant personal loans with up to 6X your salary and a flexible repayment method.

If you need a hassle-free, simple, direct form of money lender for your personal loan, then Quick Loan is the right choice.

Payday Loan

Payday loans are short-term loans that are designed to provide quick cash in a pinch. They can provide quick access to funds if you need to cover your Christmas purchases.

In Singapore, Payday loans are regarded as the least expensive option of the three we discuss here but the borrower has to pay the full amount that they received by their next payday.

We provide quick cash to you as fast as 30 minutes because we would not love to keep you waiting and your cash will be disbursed on the spot.

One of the advantages of applying for a payday loan with Quick Loan is that you don’t need to have a guarantor and it prevents you from an emotional tension by not asking any of your friend of family members to be a guarantor for you.

If you think that sounds like something that you are looking for, then head over to Quick Loan and get your Payday loan now for all your Christmas needs.

Remember to bring your NRIC, Pay Slip, Sing Pass and Bank Token when applying for our loan.

Foreigner Loan

Foreigner loans are a great option for Non-Singaporeans to help with their holiday shopping needs and are usually offered by banks and money lenders.

With just a valid work permit, Quick Loan offers instant personal loan for foreigners here in Singapore with an affordable interest rate.

If your minimum income is SGD1800 and you are 18 years old, you are already qualified for a foreigner loan at Quick Loan.

For foreigners, you will need these documents as follows:

  • S Pass / Employment Pass / Work Permit with a minimum 6-month validity
  • Passport
  • Residence information in the form of both:
  • Phone bill or utility bill
  • Tenancy agreement
  • Pay slips for the last three months, if available
  • Bank Token
  • Employment contract
  • Staff card

We make it simple for anyone who needs a loan for Christmas or other holiday expenses, and our staff is always available to assist you in selecting the best sort of loan for your needs.

Contact us here to solve all your financial needs!

How to brilliantly use a loan for Christmas Shopping

Before you start shopping, you should create and stick to a budget. Determine how much money you can afford to spend on gifts and decoration and set it aside in a separate account.

This can help you avoid overspending and ending up in a whole load of debt after the holidays.

Shop Around for The Best Deals

Consider your options before making a purchase, and browse around for the affordable Christmas item prices.

Compare prices at different stores, and look for sales or coupons that can help you save even more money. With a little effort, you can find excellent deals on everything from toys to clothing to decorations.

Avoid Overspending

Overspending is one of the major pitfalls over the holidays, so it’s critical to pay attention to your spending and, whenever possible, resist temptation.

If you know you’re prone to overspending, consider using cash instead of cashless payment methods so that you’re more aware of how much money you’re actually spending. And if all else fails, remember that the holidays are about spending time with your loved ones, not about getting the perfect gift.

You being there for your family is the greatest gift they could ever ask for.


If you’re considering about borrowing money for this Christmas, there are a few things you should be aware of.

Beginning with personal loans, credit cards, and foreigner loans, you can use a range of loans for this reason.

Second, consider elements such as interest rate and credit score when evaluating loan possibilities.

Finally, while using a loan for Christmas shopping, creating and sticking to a budget is critical to avoid overspending.

If you’re considering getting a loan to fund your holiday shopping this year, check out Quick Loan for quick and easy loans.

Read More of Our Guides