Unlicensed moneylending or UML is the event where an unlicensed individual or illegal moneylender or also known as ‘Ah Long’ or loan shark lends money to another individual under illegal conditions e.g. with higher interest rates. These loan sharks tend to use harassment when chasing for repayments of debts. Also, in order to get what they want, they use violence.
To report these unlicensed moneylenders you can use the following:
- Contact the National Crime Prevention Council’s X-Ah Long hotline at 1800-924-5664 or using their website
- Call the Police at ‘999’ or their hotline at 1800-255-0000 or use their online form at www.police.gov.sg/iwitness