Singapore Introduces Cooling-Off Period for Licensed Moneylender Loans

Singapore will implement a three-business-day cooling-off period for all unsecured loans from licensed moneylenders starting September 15, excluding business loans.

31 Aug, 04:55 — 31 Aug, 04:55

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channel-news-asiaMostly Factual18h ago

Borrowing from a licensed moneylender? New cooling-off period starts Sep 15

The cooling-off period will apply to all unsecured loans from licensed moneylenders, except business loans, and last three business days, excluding Saturdays, Sundays and public holidays.

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Singapore Introduces Cooling-Off Period for Licensed Moneylender Loans

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Borrowing from a licensed moneylender? New cooling-off period starts Sep 15

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