noman

Search for this question, and you will find two different answers. One says S$3,000. Another says six times your monthly income. Both are correct — they just apply to different people, and nobody ever explains which one applies to you. The maximum loan from a licensed moneylender in Singapore is not a single figure. It depends on your annual income, whether you are a Singapore Citizen, Permanent Resident, or foreigner, and whether the loan is secured. It also depends on what you already owe elsewhere, which is the part most people miss entirely. This article gives you the actual numbers, shows [...]