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Debt collection companies set to be licensed in Singapore - Printable Version

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Debt collection companies set to be licensed in Singapore - Levin - 02-08-2022

https://www.straitstimes.com/singapore/politics/debt-collection-companies-set-to-be-licensed-following-rising-public-concerns


RE: Debt collection companies set to be licensed in Singapore - Ola - 02-08-2022

HUH?

All along debt collection companies was never licensed?


RE: Debt collection companies set to be licensed in Singapore - sgbuffett - 02-08-2022

It's about time!!!!!

Clapping


RE: Debt collection companies set to be licensed in Singapore - Levin - 02-08-2022

(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.