Rule of 78

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Rule of 78
Parliament Approves New Rules for Hire Purchase Loans
- 9th October 2025
The Dewan Rakyat has passed the Hire Purchase (Amendment) Bill 2025, introducing major updates to how interest is […]
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Rule of 78
BNM’s Move to Abolish Rule of 78 May Spark Broader Financing Reforms
- 18th December 2024
Bank Negara Malaysia’s (BNM) proposed abolition of the Rule of 78 could lead to broader reforms in other […]
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Rule of 78
BNM: Proposal to Abolish Flat Rate Interest For Personal Financing Products
- 17th December 2024
Bank Negara Malaysia (BNM) has proposed abolishing flat rate interest for personal financing, including Buy Now Pay Later […]
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Rule of 78
Proposed Amendments To Hire Purchase Act Seeks To Prohibit “Rule Of 78” & Flat Rate Computation Of Interest
- 6th April 2023
As part of its second public consultation paper (CP2) released today, the Consumer Credit Oversight Board (CCOB) Task […]
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Parliament Approves New Rules for Hire Purchase Loans
Samuel Chua
- 9th October 2025
The Dewan Rakyat has passed the Hire Purchase (Amendment) Bill 2025, introducing major updates to how interest is […]