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Loan Safety & Scams

Get tips on spotting loan scams, avoiding loan sharks and checking whether a moneylender is licensed in Singapore.

10 Loan Scam Red Flags in Singapore: How to Spot and Avoid Fake Lenders

10 Loan Scam Red Flags in Singapore: How to Spot and Avoid Fake Lenders

🚨 Quick Self-Check: Does This Loan Offer Look Suspicious? If any of the situations below sound familiar, pause and verify the lender before procee...

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Public Scam Alert: Impersonation of BTB Creditz

Public Scam Alert: Impersonation of BTB Creditz

IMPORTANT NOTICE: Impersonation of BTB Creditz We have been alerted to scam activities involving individuals or groups falsely claiming to represent ...

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Licensed Moneylenders vs Loan Sharks in Singapore: Key Differences and Safe Borrowing Tips

Licensed Moneylenders vs Loan Sharks in Singapore: Key Differences and Safe Borrowing Tips

Choose wisely: Opting for a licensed moneylender vs loan sharks Singapore means enjoying a capped 4 % interest rate, detailed written contracts, and f...

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How to Avoid Hidden Fees When Borrowing from Moneylenders in Singapore

How to Avoid Hidden Fees When Borrowing from Moneylenders in Singapore

Upfront verification: Checking a lender’s Ministry of Law licence filters out unregulated operators, blocking hidden fee risks from the very start. ...

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Is Taking a Loan from a Licensed Moneylender Safe in Singapore?

Is Taking a Loan from a Licensed Moneylender Safe in Singapore?

Strict MinLaw caps on interest, fees, and collection practices make licensed moneylender loans legally safe for informed Singapore borrowers. Verif...

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How To Protect Yourself From Loan Sharks In Singapore 2025

How To Protect Yourself From Loan Sharks In Singapore 2025

Loan sharks are illegal money lenders that charge exorbitant interest rates and fees. Red flags of loan sharks include not being licensed, excessi...

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How To Check and Verify if a Licensed Money Lender Singapore is Legitimate?

How To Check and Verify if a Licensed Money Lender Singapore is Legitimate?

Borrowing Limits: Based on income; up to 6 times monthly income for eligible borrowers. Interest Rates: Licensed money lenders charge 1%-4% per mo...

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