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Please contact Moneylenders Credit Bureau for assistance. Hotline: +65 6335 5897 Email: mlcb.cs@creditbureau.com.sg Address: 2 Shenton Way, #20-02 SGX Centre 1, Singapore 068804. Operating hours: Monday to Friday, 9am to 6pm Closed on Saturday, Sunday and Public Holiday. You can also obtain your credit report at any of the following offices.
Moneylenders Credit Bureau. i. Press Release. New Credit Bureau to Support Prudence in Borrowing and Lending (53KB) ii. Infographic. The Moneylenders Credit Bureau (543KB) iii.
How is a borrower's total amount payable computed? G10. Who may access the Borrower Credit Report/Loan Information Report from the Moneylenders Credit Bureau (MLCB)?
List of Licensed Moneylenders in Singapore. ⚠ Important Note. There have been increasing reports of scammers and unlicensed moneylenders masquerading as licensed moneylenders to deceive victims into taking loans. Deceptive tactics used include soliciting for loans via:
Feb 24, 2016 · The Ministry of Law (MinLaw) will be designating Credit Bureau (Singapore) Pte Ltd (CBS), a subsidiary of Credit Bureau Asia Limited, as the new operator of the Moneylenders Credit Bureau (MLCB) under the Moneylenders Act. The designation will be valid from 1 July 2021.
The MLCB is a central repository of data on borrowers’ loans and repayment records with licensed moneylenders. It will allow licensed moneylenders to assess the creditworthiness of borrowers, and help to prevent borrowers from borrowing beyond their means.
Set up in March 2016, the MLCB is a central data repository on borrowers' loans and repayment records with licensed moneylenders. It helps licensed moneylenders make more informed decisions when considering loan applications by prospective borrowers, and helps borrowers better manage their loans and financial situation.
Commencing 1 July 2021, Credit Bureau Singapore (CBS) has been designated by MinLaw as the new operator of the Moneylenders Credit Bureau (MLCB).
Oct 10, 2023 · What is a MLCB Report? Your MLCB report serves as a comprehensive record of your loan payment history, compiled from various LMLs. As part of their assessment process, LMLs are required to review your loan credit report to gauge your creditworthiness before approving a loan.
Jun 10, 2024 · MLCB serves as a centralized database housing information on individual borrowers’ loan histories and repayment records across all Licensed Moneylenders (LMLs) in Singapore.
