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Consumer Credit Act
Civil Servants Spend More Than Half Of Their Salary Repaying Debts
According to a study by Bank Negara, civil servants spend 52% of their monthly salaries repaying debts, which is 20% higher than the national average.
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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 […]