KEY Facts About Moneylending In Singapore You Should Know

Duuun dun, duuun dun... are loan sharks coming for your maid? Here's when and how to help her out.
11 July 2019

In recent years, there’s been a sharp increase in the numbers of domestic helpers seeking loans from moneylenders.

The Straits Times reported last year that 12,000 helpers took out loans in 2017, a huge jump from the 1,500 who borrowed money in 2016. In the first half of 2018, that more than doubled again to 28,000. What’s going on?

By Karola Clark, April 2019

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The Finder - Issue 299

More on The Finder:

4 IMPORTANT Things To Consider Before Employing A Domestic Helper In Singapore

How to Hire a Part-time Helper in Singapore

Can You Trust Your Helper With Your Kids?

 

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