How to stop your maid from taking a loan from licensed moneylenders in Singapore?

Since 2017, housemaids in Singapore have been taking up huge loan amounts from licensed money lenders and this had become a major issue. It is especially worrying for employers and their families as their housemaids would be faced with huge stress from licensed money lenders once they are unable to pay on time. Fortunately, the …

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Loan limits for foreign workers slashed – licensed moneylenders face new restrictions

Eight months after the Government decreed that low-income foreign workers can take a maximum loan of S$1,500 from licensed moneylenders, the limit has been further slashed to S$500 in a bid to stem a surge in borrowing over the last three years. The rules apply to foreign workers who earn less than S$10,000 a year, …

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Everything you will know about licensed moneylender in Serangoon Area

If getting an urgent cash loan with fast approval is what you are looking for and traditional banks are simply not an option, you could consider getting a fast cash loan in Singapore which located at Serangoon Central in Singapore. It is of utmost importance that you seek out a loan from a legal moneylender …

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