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This article explains the key differences between licensed moneylender debt consolidation loans and bankruptcy in Singapore, so you can better understand which option may suit your situation.

Bank Debt Consolidation Plans (DCP) are not designed for lower-income earners. This guide explains the difference between a Bank DCP and licensed moneylender debt consolidation, so you can understand your realistic options.

At Trillion Credit, a professional licensed moneylender in Singapore, we provide responsible debt consolidation options within Singapore’s legal lending framework, even for lower-income earners.