Read more about these posts of Platinum Credit’s Licensed Money Lender Blog that are labelled with the tag of Loan Shark.

Loan Sharks Impersonating As Platinum Credit

大耳窿伪装成为Platinum Credit行骗

The loan sharks are responsible for many deceptive SMS / WhatsApp messages and phone calls. To con unsuspecting individuals into taking up an illegal loan with them. One of their new tactics is to masquerade as a Singapore legal money lender. And recently, they are impersonating as Platinum Credit. Why Do They Do That? To […]

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Beware of New Loan Shark SMS Tactics

Loanshark Singapore

It seems that with the capping of interest rates charged by Singapore licensed money lenders to 4% per month (effective 1 Oct), the illegal loan sharks (unlicensed money lenders) are feeling the heat and starting to step up their efforts (or rather deceptive SMS tactics) to con unsuspecting victims into borrowing money from them.

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