Protection from Loan

Do Not Lend

As part of MLAS’s social responsibility, MLAS has provided a feature on its website for members of the public to make an application to the moneylenders, to turn down, if loan requests are made by their relatives and loved ones. Such requests can be made by members of the public over the MLAS website http://www.moneylenders.sg/ followed by the sending of verification papers of the “requesting” person either by post or email. Each request is administered at a cost of $50 payable to the “Moneylender’s Association of Singapore”. Payment is to be made through cheque.

PLEASE NOTE:
(A) This DNL (Do Not Lend) Directory (“DNL Directory”) merely serves as a point of reference for members of MLAS in their consideration of loan applications. A licensed moneylender is not bound by the DNL Directory, and may grant a loan to a person even if he is in the DNL Directory.
(B) This DNL Directory is accessible only to members of MLAS. As such, licensed moneylenders who are not members of MLAS will not have access to the DNL Directory.
(C) MLAS recommends members to not lend to individuals who are in the DNL Registry.

Please post the following documents mentioned below after submitting the request online to:
Moneylender’s Association of Singapore
50 Chin Swee Road, Thong Chai Building #06-01
Singapore 169874


Documents Required:

  1. Photocopy of “requesting” individual’s NRIC (front and back)
  2. Proof of relationship to person. For example, the birth certificate for parent-child relationship or marriage certificate for spouse.
  3. Cheque of $50 payable to the “Moneylender’s Association of Singapore”. Please cross the cheque.
  4. A cover letter explaining why you wish to include the person in the Do Not Lend Directory with your Full Name and contact details (HP & Email).
PLEASE NOTE:
(A) This DNL (Do Not Lend) Directory (“DNL Directory”) merely serves as a point of reference for members of MLAS in their consideration of loan applications. A licensed moneylender is not bound by the DNL Directory, and may grant a loan to a person even if he is in the DNL Directory.
(B) This DNL Directory is accessible only to members of MLAS. As such, licensed moneylenders who are not members of MLAS will not have access to the DNL Directory.
(C) MLAS recommends members to not lend to individuals who are in the DNL Registry.

For the purpose of collating information for credit management, assessment purposes and debts recovery, such information will be made available to all members of MLAS via the MLAS Web Portal at www.moneylenders.sg.

For the purpose of collating information for credit management, assessment purposes and debts recovery, such information will be made available to DP SME Commercial Credit Bureau operated by DP Information Network Pte Ltd. Accessible to all MLAS members via DP Information Network Platform.

Your Details:
Person you wish to submit for “Do Not Lend Request”: