Singapore’s moneylending rules change quietly and take effect fast. This is the running log — every change dated, sourced and explained in the words a borrower actually uses.
The rules right now
maximum interest
4% / month
Maximum late fee
S$60 / month
Maximum admin fee
10% of principal
Cooling-off window
NEW
3 business days
Total charges cap
100% of principal
Checked against the Registry of Moneylenders on 21 Sep 2026.