Fewer Complaints Made Against Licensed Moneylender
Licensed moneylender, A parliamentary question on harassment by licensed moneylenders was posed by the MP for Holland-Bukit Timah GRC, Mr. Christopher de Souza. Mr. De …
New Measures to Protect Borrowers!
Since the Ministry of Law (MinLaw) implemented the new regulations last year, some moneylenders have been trying means and ways to game the system through gaps in …
Fighting Organised Crime
On 14 July 2015, a new law was introduced in Parliament. The proposed law, the Organised Crime Bill, would grant authorities more powers in detecting …
Singapore Dollar rises against Malaysian Ringgit
What happens when one Singapore dollar can be exchanged for $2.7234 Ringgit? Singaporeans flock to money changers to indulge in one of its favourite national …
Repayment Scheme to reduce debt
Not that it is much to cheer about if this piece of news is good news to you, because it means you are debt-ridden. But …
What is SIBOR? On Housing Loan
If you have never heard of SIBOR before, you probably have not been reading the news lately or have no interest at all in getting …
Lee Kuan Yew passes away but Singapore stock market holds strong
More often than not, when a country leader passes away, the stock market will take a hit. As news broke of Singapore’s founding Father, Mr …
Changes to Moneylenders Act?
After the recent case of harassment from debt collectors at a food court, there has been much talk about the governing of licensed moneylenders in …
Choose a licensed moneylender, loansharks are nightmares.
We spoke to Alison, a 56 year-old mother of two who once borrowed a sum of money from loansharks and she called it a nightmare. …