New Licensed Moneylender Rules Singapore 2026: Three-Day Cooling-Off Period Explained
Singapore is introducing additional protection for borrowers who take unsecured loans from licensed moneylenders. From 15 September 2026, eligible borrowers will have a mandatory cooling-off period of three business days. During this period, a borrower may cancel a qualifying loan at a reduced cost if they reconsider their decision. The new licensed moneylender rules in […]