News & Articles

September 14, 2016

Updates on interest rates of licensed money lenders

What are some of the things you have to consider before getting a loan? Until recently, many people would prefer banks to licensed money lending companies […]
September 13, 2016

Choosing Between Banks and Licensed Money Lenders in Singapore

It is a paradox. Banks lend money to people who do not need it, while genuine borrowers often do not get an approval for bank loans. […]
June 7, 2016

Google To Ban All Payday Loans Ads From July 13 Onwards

It was recently announced on a blog post by Google Director of Product policy David Graff that the global ban for ads pertaining to loans payable […]
June 7, 2016

How to choose a reputable money lender?

With so many moneylenders in Singapore offering a quick cash. We are often drawn to them without even knowing that some are misleading. A reputable licensed […]
June 7, 2016

What is a licensed money lender?

A licensed moneylender is registered under the registry of Singapore Moneylenders Act and complies with the rules and regulations set by the Registry of Money Lenders […]
June 7, 2016

What you need to consider before getting a loan?

Getting a loan nowadays is very easy, especially if we consider having one from a licensed moneylender and not from a bank.   As each moneylender can […]
June 7, 2016

Warning to borrowers

Before we decide into getting a loan from a licensed moneylender. One must consider the obligations in obtaining a loan from these moneylenders. As a borrower, […]
June 7, 2016

MLCB Launched

The Ministry of Law Singapore designed the Moneylenders Credit Bureau (MLCB) in November 2015. It is the Ministry of Law consolidated effort to protect both the […]