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 […]

Read More

What Are The Moneylenders Rules

The Moneylenders Rules In exercise of the powers conferred by section 37 of the Moneylenders Act 2008, the Minister for Law hereby makes the following Rules. Citation and commencement 1. These Rules may be cited as the Moneylenders Rules 2009 and shall come into operation on 1st March 2009. Definitions 1A.—(1) In these Rules — […]

Read More

What Is The Moneylenders Act

The Moneylenders Act is An Act for the regulation of moneylending, the designation and control of a credit bureau, the collection, use and disclosure of borrower information and data, and for connected matters. Short title and commencement 1.—(1) This Act may be cited as the Moneylenders Act. (2) Section 5(3)(b) shall come into operation on […]

Read More