We all know loan sharks are illegal. But did you know loan brokers in Singapore aren’t licensed at all? They’re not technically breaking the law, so they go completely unnoticed—even when they exploit borrowers or connect them with illegal lenders.

That’s why we’re pushing for new rules—so loan brokers can’t keep hiding in the gaps. If you agree we need licensing and real standards for all who arrange loans, please support our other petition (https://www.change.org/p/stop-misleading-loans-practices-demand-transparency-and-accountability-in-singapore-s?redirect_reason=guest_user as well as sharing this petition on your social media network