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

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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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