Fintech News Singapore

Singapore Caps Private Hire Car Loans at 60 to 70 Percent

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. Buyers can borrow up to 70 percent of the purchase price for [...] The post Singapore Caps Private Hire Car Loans at 60 to 70 Percent appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
Singapore Caps Private Hire Car Loans at 60 to 70 Percent
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