MLCB vs CBS Singapore: What Every Borrower Must Know Before Taking a Loan in 2026
Key Takeaways Singapore operates two separate credit bureau systems: CBS for banks and financial institutions, MLCB for licensed moneylenders. These two databases are legally and technically separate. They do not share data with each other. A personal loan from a licensed moneylender does not appear on your CBS report. It will not affect your HDB […]
Personal Loan for Self Employed Singapore: What You Need to Know in 2026
Key Takeaways Singapore has approximately 67,600 own account workers according to MOM’s Labour Force in Singapore Advance Release 2025. They represent a significant portion of the resident workforce without access to standard bank loan documentation. Banks require pay slips and CPF contribution records for loan applications. Self-employed workers have neither. Power Credit accepts the Notice […]