| Blacklisted Moneylenders |
Licensed Lenders |
| They have vague or confusing contracts/agreements and are hesitant to provide clarification. |
They have clear and concise contracts/agreements and ensure that all of your concerns are addressed before you commit to a loan. |
| They do not conduct themselves in a professional manner and do not reliably communicate with their clients. |
They conform to a professional standard and have open channels of communication available to their clients. |
| They are not open to negotiations or providing options to assist clients experiencing challenges repaying their loans. |
They will find solutions and be open to renegotiating agreements to help their clients when making repayments becomes unexpectedly challenging. |
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They do not practise discrimination. |
