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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.
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 […]