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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:
Aug 13, 2023 · Yes, borrowing money from a licensed moneylender in Singapore is entirely legal. Licensed moneylenders are regulated by the Ministry of Law under the Moneylenders Act, and they must adhere to specific guidelines and regulations regarding interest rates, fees, and ethical lending practices.
Providing unsecured large sum personal loans of up to $300K, Lending Bee® is a top licensed money lender with four branches in Singapore. Call us now at 6219-1611 for more details.
Through the regulating of Licensed Moneylenders, the Registry of Moneylenders cultivates a safe and professional moneylending industry in Singapore. Relevant Laws and Regulations. Be equipped with the knowledge of moneylending legislation in Singapore. List of Licensed Moneylenders. Get the latest list of Licensed Moneylenders in Singapore.
Aug 19, 2022 · List of Licensed Money Lender in Singapore. This blog post consists of the complete list of 156 licensed money lender/credit companies operating in Singapore that’s verified by the Ministry of Law (Updated on 1st Mar 2023). Note: UEN numbers are included in the list.
Oct 19, 2022 · In this article, we consulted Credit Bureau Singapore on the different types of moneylenders, how you can differentiate licensed vs unlicensed, and how borrowing from licensed moneylenders will affect you. We do not encourage taking excessive loans. However, if you do need to borrow money from moneylenders, do it properly and safely ...
118 Credit is a legal, recognized and licensed money lender here in Singapore. Since 2010, we have provided an extensive range of money lending services for those in need of quick cash, with tailored loan packages for Singaporean residents, businesses and foreigners alike.
