Debunking 5 Myths About Licensed Moneylenders in Singapore

Man filling out a loan application form on a laptop

The word ‘moneylender’ can have quite a negative connotation in Singapore because it brings to mind images of emotional and physical harassment. However, these incidents are the hallmarks of illegal loan sharks, and not authorised money lenders. To do away with such misinformation so people can find the right channels when in need of urgent […]