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click hereThe Moneylender Act Singapore Explained
The Moneylender Act in Singapore is a segment of legislation that lays out the regulations governing moneylending activities. This act aims to safeguard borrowers from exploitative lending practices and foster responsible moneylending in Singapore. It handles a wide range of elements related to moneylending, including licensing requirements for lenders, interest rate caps, and steps for resolving conflicts.
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