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

this guide will explain every numerical limits of how much you can borrow from licensed moneylenders

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 […]