Will the Registry of Moneylenders be able to help if I am unable to pay my loan?
The Registry of Moneylenders is not in a position to assist the borrower in restructuring his loans, as this is a private contractual matter between the licensed moneylender and the borrower.
You may wish to negotiate with the licensed moneylender(s) directly, or through an intermediary (e.g. a lawyer or a social service agency), with a view to arriving at a mutually acceptable debt settlement arrangement.
If you need help to resolve your debt problems with licensed moneylenders, you may approach any of the following voluntary welfare organisations:
Association of Muslim Professionals (AMP) Address: 1 Pasir Ris Drive 4 #05-11 Singapore 519457 Tel no.: 6416 3960 E-mail: corporate@amp.org.sg
Silver Lining Community Services Address: 11 Playfair Road Singapore 367986 Tel no.: 6749 0400 E-mail: admin@silver-lining.org
Adullam Life Counselling Address: 151 Chin Swee Road Manhattan House #08-04 Singapore 169876 Tel no.: 6659 7844 / 9423 8832 Email: josephine@adullam.org.sg
Blessed Grace Social Services Address: 18 Arumugam Road, #05-01 Antioch@Macpherson Singapore 409962 Tel no.: 8428 6377 Email: billy.lee@blessedgrace.org
One Hope Centre Address: 8 New Industrial Road #04-04B LHK 3 Building Singapore 536200 Tel no.: 6547 1011 Email: help@onehopecentre.org
Arise2Care Community Services No. 5 Harper Road #02-01A Singapore 369673 Contact No.: 6909 0628
Email: admin@arise2care.sg
Credit Counselling Singapore
51 Cuppage Road #07-06 Singapore 229469
Contact No.: 6225 5227/6338 2663 Email: enquiry@ccs.org.sg
Credit Counselling Singapore only handles cases that also involve debts with banks.