How Do I Start A Moneylending Business Moneylenders Loan Academy MLA Singapore Moneylending Business

How Do I Start A Moneylending Business?

Money is a powerful tool that controls daily life. While some people may be financially secure, others might find it challenging to fulfil their financial obligations. Individuals who do not have bank accounts often choose to borrow funds from other financial institutions that provide favourable terms. Borrowers may consist of people who have pay cheques […]

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Registrar’s Conditions For The Grant Of Moneylender’s License

In addition to the requirements under the Moneylenders Act (Cap. 188) (and any revised edition of the Act) (“the Act”) and the Moneylenders Rules 2009 (“the Rules”) for obtaining and holding a moneylender’s license, the following conditions for the grant of your license are imposed under Section 5(4) and/or Section 5(7) of the Act: General […]

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