Licensed Money Lenders, Licensed Moneylenders vs Unlicensed Moneylenders 10 Nov, 2025 6 minutes read How to Stay Safe From WhatsApp Money Lender Scams in Singapore Key Takeaways Unsolicited loan offers via WhatsApp or social media are likely scams. Licensed money lenders in Singapore do not contact borrowers in this manner. Always verify a lender’s credentials through the Ministry of Law registry and avoid sharing sensitive information or making upfront payments. Borrowing from licensed money ...