It's illegal for moneylenders
to advertise, so beware.
to advertise, so beware.
We understand what it’s like. You don’t want the hassle of visiting a financial institution, and it looks like an easy way to get a quick line of cash to tide you over. But any so-called moneylender advertising on messaging platforms, social media, or even cold calls is operating illegally.
2020
2019
What you should look out for
Watch out for ads for loans on SMS or other messaging and social media platforms. They are illegal and probably scams.
What you should do
What you should do
Ignore the message
Block and report the number on the platform you receive the message
Seek financial help from legitimate
financial institutes registered with the Registry of Moneylenders
financial institutes registered with the Registry of Moneylenders
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