Three-Day Cooling-Off Period Now Applies to Licensed Moneylender Loans
Stand-first: If you take an unsecured loan from a licensed moneylender in Singapore, you now have three business days to change your mind — and canceling within that window no longer costs you any interest. What has changed The Ministry of Law (MinLaw) announced on 31 August 2026 that a mandatory cooling-off period would apply […]