Differences between a licensed moneylender and a loan shark
Singapore is a hotbed of financial crime. Loan sharks are lurking at every corner. Your data is already available to them. They will contact you in various creative ways, making it hard for you to tell them apart from a licensed moneylender. Consequently, you will end up losing your hard-earned money and in some cases, also your personal information that will be used to bombard you with even more scams or worse yet, for extorting more money out of you by means of leverage. Loan sharks are a type of illegal business. You should never deal with them. It’s critical, […]
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