Can I Borrow From Two Licensed Moneylenders in Singapore? What the Law Actually Allows

Key Takeaways Yes, you can borrow from more than one licensed moneylender in Singapore. The legal cap is not per lender. It is a combined total across every licensed moneylender you borrow from. Your existing loan balance reduces how much you have left under your cap. It does not reset with a new lender. Your […]