Debt collection companies set to be licensed in Singapore

Levin

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02-08-2022, 08:42 AM

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Ola

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02-08-2022, 09:02 AM

HUH?

All along debt collection companies was never licensed?

Why do we need 5 Mayors and 80 PAP Ministers?

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sgbuffett

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02-08-2022, 09:03 AM

It's about time!!!!!

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

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Levin

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02-08-2022, 09:11 AM

(02-08-2022, 09:02 AM)Ola Wrote: HUH?

All along debt collection companies was never licensed?

I think Singapore only require the lenders to be licensed. The debt collectors that worked on behalf of the lenders were never regulated.

(This post was last modified: 02-08-2022, 09:11 AM by Levin.)

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