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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.
This section outlines the type of loans, your total principal amounts and total outstanding balance as submitted by LMLs. Payment Status. This section details all active loans you have with LMLs and each loan's repayment status. You can purchase a copy of your loan information report at $0.50 (inclusive of GST).
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)?
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.
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.
Commencing 1 July 2021, Credit Bureau Singapore (CBS) has been designated by MinLaw as the new operator of the Moneylenders Credit Bureau (MLCB).
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.
Feb 24, 2016 · 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 borrowers avoid borrowing beyond their means. How the MLCB works.
Nov 24, 2023 · Licensed moneylenders are not able to obtain credit reports from credit bureaus other than a designated bureau known as the Moneylenders Credit Bureau (MLCB), as they are not allowed to...
