6 Ways Identify Loan Scams & What to Do If You Have Been Scammed?
When you’re in urgent need of cash, it’s easy to miss warning signs—something scammers are quick to exploit. In Singapore, loan scams have become more sophisticated, making it harder to tell a legitimate private money lender from a fraudster. That’s why staying informed is so important. Recognising the early signs of a scam can help you avoid financial loss, emotional stress, and even identity theft. Maybe it’s an offer that seems too good to be true, or a supposed lender asking for upfront fees—these aren’t just small red flags; they’re major warning signs. Whether you're applying for a personal loan…
