Singapore Caps Private Hire Car Loans at 60 to 70 Percent
lendingGlobal

Singapore Caps Private Hire Car Loans at 60 to 70 Percent

FintechNews SingaporeRead original ↗

A rise in private hire car registrations has prompted Singapore to close a gap in its car financing rules. Individuals buying private hire cars will face the same borrowing limits as regular car buyers under new rules taking effect on 30 October 2026.

Singapore Caps Private Hire Car Loans at 60 to 70 Percent

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