More stringent personal loan restrictions to kick in from next year

The Monetary Authority of Singapore (MAS) said in 2015 that it will phase in and make more stringent personal loan restrictions. The restrictions to be implemented on┬áthe borrowing limit on unsecured credit facilities which was phased in over four years to give affected borrowers more time to gradually reduce their debts, will be tightened with … Continue reading More stringent personal loan restrictions to kick in from next year