mlaw
6
A Singapore Government Agency Website
Back to home
Updated by MLAW
How much can I borrow?
For secured loans, you can obtain a loan of any amount.
For unsecured loans, please refer to the table below for the total maximum amount that you may borrow at any time across all moneylenders in Singapore:
Borrower’s annual income | Singapore Citizens and Permanent Residents | Foreigners residing in Singapore |
Less than $10,000 |
| $500 |
At least $10,000 | $3,000 | |
At least $20,000 | 6 times monthly income | 6 times monthly income |
Related questions
Can I ban a family member from taking loans from all moneylenders?
I am facing financial difficulties and unable to repay the licensed moneylenders. Can the Registry of Moneylenders help to negotiate with the licensed moneylenders?
mlaw
1
1
How do I register for the Moneylender's Test? How much does the Moneylender's Test cost?
mlaw
How do I know whether a moneylender is licensed or not?
mlaw
Need more help?
Describe your issues to us.