Looking for a trusted money lender in Singapore? Start by checking the lender’s business name, licence details, approved office address and exact website against the Ministry of Law’s official list of licensed moneylenders. A familiar name or professional-looking website is not enough, because scammers may impersonate legitimate businesses.

Check Who You Are Dealing With Before Sharing Personal Information

This guide explains how to verify a moneylender’s identity, check website and office details, and recognise suspicious loan offers before sharing personal information or proceeding with an application.

Verification is an important first step, but it does not make every loan suitable for your circumstances. You should still understand the interest, fees and repayment schedule, and consider whether you can meet the repayments alongside your existing commitments.

How to Verify a Licensed Moneylender in Singapore

1. Find the Business on the Official List

Check the current list published by the Ministry of Law’s Registry of Moneylenders. Look for the lender’s business name and verify its details independently. Do not rely only on a licence number or company name displayed on a website, because scammers may impersonate legitimate licensed moneylenders.

2. Match the Exact Website and Office Address

Compare the complete website address and approved business address with the official listing before visiting the website or sharing personal information. A website that looks similar to a legitimate lender’s site is not enough to prove that you are dealing with the same business.

3. Confirm the Required In-Person Verification

Licensed moneylenders must meet borrowers at their approved place of business to conduct physical face-to-face identity verification before granting a loan. An online enquiry does not replace this requirement. Be cautious of anyone claiming that the entire loan transaction can be completed remotely without visiting the approved office.

4. Recognise Suspicious Loan Offers and Payment Requests

Licensed moneylenders are not allowed to solicit loans through text messages, phone calls or social media. Treat unsolicited loan offers through SMS, WhatsApp or similar channels as warning signs, even when the sender uses a familiar company name.

Do not transfer money in advance to secure or release a loan. Requests for supposed “GST fees,” “processing fees” or other advance payments are recognised loan-scam tactics. Stop and verify the lender independently rather than relying on promises of immediate approval.

Verify Moneyplus Capital’s Office at City Gate

Moneyplus Capital’s office is located at 371 Beach Road, #01-03 City Gate, Singapore 199597, near Nicoll Highway MRT.

Before visiting or sharing personal information, compare the company name, exact website address and office address with the Ministry of Law’s official list of licensed moneylenders. A familiar business name or nearby location is not enough to confirm that the person contacting you represents the licensed company.

If someone claiming to represent Moneyplus directs you to a different address, pause and verify the details independently. Licensed moneylenders must conduct physical face-to-face identity verification at their approved place of business before granting a loan.d provider.

Check the Loan Agreement Before Signing

Before signing, check the loan amount, interest, permitted fees, repayment dates and instalment amounts. Ask the lender to explain the total repayment and any late-payment charges so you understand your financial obligations before accepting the loan.

Licensed moneylenders must explain the loan terms in a language you understand and provide you with a copy of the loan contract. Never sign a blank or incomplete agreement. If important details are missing or the written terms differ from what was explained, pause and ask for clarification before proceeding. Keep your copy of the agreement for reference.

Check the Loan Agreement Before Signing

Before signing, review the amount borrowed, interest, applicable fees, instalments and repayment dates. Ask about the total amount payable and what happens if a payment is late.

Licensed moneylenders must explain the terms in a language you understand and provide a copy of the loan contract. Never sign a blank or incomplete agreement. If the written terms differ from what was explained, ask for clarification before proceeding. Keep your contract for reference.

Verification Does Not Replace Checking Affordability

A lender being licensed does not mean every loan is suitable for you. Consider your income, essential expenses and existing repayments before accepting another financial commitment.

Borrow only what you need and can repay. Consider other options before borrowing, rather than allowing urgency to determine your decision.

Frequently Asked Questions

How do I verify a moneylender in Singapore?

Check the Ministry of Law’s official list of licensed moneylenders. Match the business name, approved office address and exact website address. A familiar company name or a licence number displayed on a website is not enough, because scammers may impersonate legitimate businesses.

Can a licensed moneylender complete my loan entirely online?

No. Licensed moneylenders must conduct physical face-to-face identity verification at their approved place of business before granting a loan. An online enquiry or application does not replace this requirement.

What should I do if I receive an unexpected loan offer?

Do not click suspicious links, send money or share personal information. Licensed moneylenders cannot solicit loans through text messages, phone calls or social media. Verify the business independently rather than trusting contact details supplied by the sender. Report suspected scams to the Police.

Does choosing a licensed moneylender make borrowing risk-free?

No. You still need to understand the agreement and assess whether you can meet every repayment. Missed payments may result in additional permitted charges and financial pressure.

Verify Before You Borrow

Finding a trusted money lender in Singapore starts with checking official information, not relying on promotional claims or a professional-looking website. Confirm the lender’s identity, website and approved office address before sharing your details or proceeding with an application.

You can learn more about Moneyplus Capital through our About Us page. For questions about our office, eligibility requirements or application process, visit our Contact Us page.

Business Hours
Monday to Saturday: 11:00 AM–6:30 PM
Closed on Sundays and Public Holidays.