What Is A Licensed Moneylender In Singapore? How The Ministry Of Law Regulates Lending

Woman counting cash at desk, what is a Licensed Moneylender In Singapore explained 

A licensed moneylender in Singapore is a company approved by the government and officially registered under the Ministry of Law’s Registry of Moneylenders. This means the moneylender must adhere to the strict laws and rules of MLAW regarding interest rates and the code of conduct, including no solicitation via SMS or harassment in connection with … Read more