Licensed Moneylender Singapore: How to Choose One Safely in 2026
Key Takeaways There are currently around 150 licensed moneylenders in Singapore. Every legitimate one appears on the MinLaw Registry at rom.mlaw.gov.sg. Verification takes 30 seconds. A licensed moneylender is legally capped at 4% interest per month on the reducing balance. Any lender quoting higher is operating outside the Moneylenders Act. The admin fee is capped […]
