How to Spot a Loan Scam in Singapore: 7 Red Flags to Watch Out For
Even in a tightly regulated financial industry like Singapore, loan scams remain a growing concern. Many individuals under financial stress become easy targets for scammers who lure them with promises of “instant” loans. These fraudsters often pose as legitimate lenders, using convincing but deceptive tactics to steal personal details or demand upfront payments. To stay protected, it’s crucial to recognise the warning signs.
How to Spot a Loan Shark in Singapore and Why You Should Always Choose a Licensed Money Lender
When faced with urgent financial needs, many people look for fast solutions. Alarmingly, some borrowers unknowingly fall prey to a loan shark in Singapore. To protect yourself, it’s crucial to recognise the warning signs of loan sharks. Borrowing only from a licensed money lender in Singapore is the safer and smarter choice. Keep reading for more insights.
What to Do If You’re Unable to Pay a Money Lender
Borrowing from a licensed money lender can be convenient. However, without disciplined financial habits, it’s easy to accumulate multiple debts that are hard to manage. As the bills build up, falling behind on repayments can quickly become overwhelming. If you unfortunately find yourself unable to pay a money lender, taking action early can help avoid deeper financial trouble and work towards regaining stability. In this article, we explain the consequences of loan default and steps to take if you’re struggling to repay.
5 Things To Consider Before You Take Up A Loan in 2026
This article was last updated in 2019. Besides the normal considerations for a loan, the 2026 update also reflects current borrower concerns in Singapore, including rising cost pressures, Buy Now Pay Later usage, and increased scam impersonation tactics targeting loan applicants. With many different loans available in the market, it is important that one takes […]
Fitch rates Singapore’s first mortgage covered bond from DBS Bank
Fitch Assigns ‘AAA(EXP)’ Rating with Stable Outlook Fitch Ratings has assigned a ‘AAA(EXP)’ rating with Stable Outlook to DBS Bank’s inaugural series of mortgage covered bonds to be issued from its programme, which complies with the requirements under the Monetary Authority of Singapore’s Notice 648. This is the first covered bond programme established in Singapore. […]