How Much Can You Borrow From a Licensed Moneylender in Singapore? (2026 Guide)

Key Takeaways MinLaw sets two income tiers that determine your borrowing cap from licensed moneylenders Annual income below $20,000: maximum $3,000 combined across all licensed moneylenders Annual income $20,000 and above: maximum 6 times your monthly income combined across all licensed moneylenders The cap applies to your total outstanding balance across every licensed moneylender, not […]