Every rule change, licence notice and industry update that affects borrowers of licensed moneylenders in Singapore — posted here as soon as it takes effect.
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15 September 2025
Ministry of Law · Registry of Moneylenders
Singapore’s New Mandatory Cooling-Off Period for Licensed Moneylender Loans Singapore’s new mandatory cooling-off period lets you cancel an unsecured loan from a licensed moneylender within three business days — and caps what the lender is allowed to keep if you do. Here is what it covers, what cancelling actually costs,...
a loan signed today is not disbursed straight away — you have three business days to cancel it, at no cost.
The registry that licenses every legal moneylender in Singapore and publishes rule changes.
Press releases and amendments to the Moneylenders Act and its rules.
If a change affects a loan you already hold, speak to us before you act on it.
