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27 June 2015
 June 27, 2015
4% monthly interest rate cap for licensed moneylenders

4% monthly interest rate cap for licensed moneylenders

SINGAPORE — Despite moneylenders’ earlier objections, a cap on their interest rates will soon go from 20 per cent for borrowers earning below S$30,000 […]

27 June 2015
 June 27, 2015
Beware of new loanshark harrassment tactic

Beware of new loanshark harrassment tactic

SINGAPORE: The Singapore Police Force (SPF) has issued an advisory to remind the public to be mindful of a new tactic used by unlicensed […]

22 June 2015
 June 22, 2015
Why You Should Borrow Money from a Licensed Moneylender in Singapore

Why You Should Borrow Money from a Licensed Moneylender in Singapore

Borrowing money from a licensed money lender in Singapore is a common practice nowadays. Gone are the days that people used to suffer from stress […]

22 June 2015
 June 22, 2015
Borrowing Money from Licensed Money Lenders in Singapore

Borrowing Money from Licensed Money Lenders in Singapore

The the cost of living in Singapore along with other areas has forced people to go for personal loans along with other debt obligations […]

16 June 2015
 June 16, 2015
Moneylender Interest Rates

Moneylending: Interest Capped at 4% percent Monthly

The government has accepted new proposals on licensed moneylending, together with one of the biggest change amid protests which is the 4% interest rate cap […]