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The Moneylenders Act in Singapore provides/lays out/establishes a framework to regulate lending practices within/amongst/across the country. This legislation/act/law aims to shield/protect/safeguard borrowers from predatory/unfair/excessive lending terms/conditions/practices. Whether you're considering borrowing/taking out/applying for a loan or are already involved/engaged/participating in a moneylending agreement, it's essential/crucial/vital to understand/be aware of/grasp your rights and obligations/responsibilities/duties.
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