What Are The New Borrowing Restrictions For Foreigners Moneylenders Loan Academy Singapore MLA Singapore

What Are The New Borrowing Restrictions For Foreigners

Licensed moneylenders face further restrictions with regards to loan limits for foreign workers An announcement made by the Ministry of Law on July 15th revealed that low-income foreign workers in Singapore would only borrow up to S$500 from licensed moneylenders. Eight months earlier, the government had decreed that these workers could take a maximum of […]

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