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An Moneylender Act Singapore Explained
licensed moneylenders jurong eastThe Moneylender Act in Singapore is a piece of legislation that establishes out the rules governing moneylending activities. This act aims to safeguard borrowers from unfair lending practices and foster responsible moneylending in Singapore. It handles a wide range of features related to moneylending, including licensing requirements for lenders, interest rate caps, and procedures for resolving conflicts.
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