the government has introduced more rules for licensed moneylenders which will come into effect from november 01, 2011. some of these rules include: 1. moneylenders cannot place ads in newspapers 2. moneylenders have to subscribe to a telephone land line approved by the registry of moneylenders and use it as the business contact number 3. the manager of each moneylending outlet must be approved by the registry 4. they must display the registry's notes to borrowers when obtaining loans from moneylenders - a checklist for borrowers reminding them to ask for information such as interest rates and what will happen if they cannot pay - in a prominent location in the office 5. they cannot collect any fees before the loan is granted 6. they cannot obtain a borrower's singpass, or other confidential passwords 7. they cannot make upfront deduction of interest payments from full loan amount 8. they have ......