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Consumer Credit Act
How Malaysia’s New Consumer Credit Act Protects Your Financial Rights
For years, borrowers in Malaysia have been at a disadvantage when dealing with lenders. If you couldn’t pay, […]
Consumer Credit Act
BNPL Services May Face Interest Rate Caps Under New Consumer Credit Law
Malaysia is set to bring its rapidly expanding Buy Now Pay Later (BNPL) industry under comprehensive regulation through […]
Consumer Credit Act
Big News for Borrowers: Everything You Need to Know About the New Credit Act
The Consumer Credit Act (CCA) has been passed by the Dewan Rakyat, marking a major step toward improving […]
Consumer Credit Act
Proposed Amendments To Hire Purchase Act Seeks To Prohibit “Rule Of 78” & Flat Rate Computation Of Interest
As part of its second public consultation paper (CP2) released today, the Consumer Credit Oversight Board (CCOB) Task […]
Consumer Credit Act
BNM Sees Growing Trend Of Missed Repayments Among BNPL Borrowers
Bank Negara Malaysia (BNM) has highlighted that there is a growing trend of buy-now-pay-later (BNPL) users missing their […]
Consumer Credit Act
Budget 2023: Govt To Enact Consumer Credit Act To Oversee BNPL Services
The government will proceed with the enactment of the Consumer Credit Act (CCA), as well as set up […]
Consumer Credit Act
What Is The Malaysia Consumer Credit Act & Why Does It Matter To You?
As consumers, you would definitely be familiar with credit cards, personal loans, hire purchase agreements (better known as […]
Consumer Credit Act
BNM Cautions BNPL Customers To Avoid Overspending
Bank Negara Malaysia has urged consumers to exercise caution when using buy-now-pay-later (BNPL) schemes to avoid overspending.
Consumer Credit Act
MOF, BNM, SC To Formulate Consumer Credit Regulation Framework By This Year
The Ministry of Finance (MOF) has reiterated that it is currently working with Bank Negara Malaysia (BNM) and […]
Consumer Credit Act
Government To Accelerate Introduction Of The Consumer Credit Act
The government hopes to protect consumers and stimulate better spending habits by pressing for the statute to be enacted swiftly.
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What Is The Malaysia Consumer Credit Act & Why Does It Matter To You?
As consumers, you would definitely be familiar with credit cards, personal loans, hire purchase agreements (better known as […]
Proposed Amendments To Hire Purchase Act Seeks To Prohibit “Rule Of 78” & Flat Rate Computation Of Interest
As part of its second public consultation paper (CP2) released today, the Consumer Credit Oversight Board (CCOB) Task […]
Big News for Borrowers: Everything You Need to Know About the New Credit Act
The Consumer Credit Act (CCA) has been passed by the Dewan Rakyat, marking a major step toward improving […]
BNPL Services May Face Interest Rate Caps Under New Consumer Credit Law
Malaysia is set to bring its rapidly expanding Buy Now Pay Later (BNPL) industry under comprehensive regulation through […]