Homebuyers are increasingly seeking loans from finance companies, or money lenders to minimise their down payments, as regulators tighten credit controls. Photo: David Wong
Homebuyers are increasingly seeking loans from finance companies, or money lenders to minimise their down payments, as regulators tighten credit controls. Photo: David Wong

Tighter bank credit means business for money lenders

As banks tightened credit to developers, money lenders have found themselves a new business opportunity in filling the gap to help homebuyers in financing down payments

Homebuyers are increasingly seeking loans from finance companies, or money lenders to minimise their down payments, as regulators tighten credit controls. Photo: David Wong
Homebuyers are increasingly seeking loans from finance companies, or money lenders to minimise their down payments, as regulators tighten credit controls. Photo: David Wong
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