In Singapore, loan sharking has been a persistent concern, affecting numerous individuals who find themselves in financial distress. Loan sharks, known for their predatory practices, often prey on vulnerable members of society who urgently need cash. Understanding the implications of borrowing from these illegal lenders is crucial for anyone considering this risky option. Not only […]
Loan sharks are illegal money lenders operating in Singapore and usually target poor and desperate borrowers. As compared to the recommended licensed moneylender, they pretend to be the best lenders that you can ever get. They attempt to lure you into borrowing with them by being friendly and offering very attractive terms when the bank […]
In almost all business fields you will never miss a scammer or just some corny businesspeople who do not follow the respective business ethics. For example, in the money lending business section there are legit moneylenders and there are scammers who are loan sharks. You should be aware of unlicensed money lending in Singapore. Some […]
