Unlike popular belief that keeps people from getting near to one, licensed money lenders are really here to help you tide through your financial crisis. Thinking of getting a quick loan, but are afraid of even stepping into store as you think you might get “cheated” into something that you can’t turn back, or maybe you think you are lacking “financial smartness” and would get you into trouble? Seriously, stop worrying too much. Licensed money lenders are just like any other businessmen. True that ...
Owning a credit card is very exciting, it opens up your world to the possibility of making purchases conveniently as well as enjoying several perks and benefits. In Singapore, many borrowers have chosen credit cards as a mode of payment because of the several advantages that can be enjoyed from using the card both locally and overseas. If you have a card that gives you the option to withdraw cash, then you need to be aware that taking a cash ...
Table of Content What Is The Difference Between Licensed And Unlicensed Moneylenders? The Unlicensed Money Lending Landscape In Singapore Has There Been Anything Done To Combat These Unlicensed Moneylenders? Latest Loanshark Activities In Singapore 2019 Duo Arrested For Loanshark Harassment (23 May 2019) Two Teenagers Arrested For Loanshark Harassment (27 April 2019) Man Arrested For Loanshark Harassment (20 April 2019) If I Receive Unsolicited Messages From Loansharks, How Do I Deal With Them Effectively? How Do I Differentiate Between A ...
The recent rise of unlicensed moneylenders (also known as loan sharks) has quite an alarming concern to the government as well as our fellow Singaporeans, PRs and foreigners working here in Singapore. We therefore think it is good to cover the Moneylenders Act and Moneylenders Rules so that everyone is aware of what it is. Moneylenders Act and Moneylenders Rules in Singapore (2019 Update) Apply for a loan and receive fast cash in 30 mins* and interest rate as low ...