Hire Purchase (Amendment) Bill 2025
Banks will offer discounts for customers who settle their existing fixed-rate hire purchase loans early as the Hire-Purchase (Amendment) Bill 2005 takes effect in 2026, according to a joint statement by the …
In September this year, Bank Negara Malaysia issued a new policy document on personal financing which outlined a series of measures aimed at promoting prudent and responsible financing practices among financial service …
The Dewan Rakyat has passed the Hire Purchase (Amendment) Bill 2025 yesterday, which is aimed at abolishing the flat rate and the Rule of 78 method for fixed-rate hire purchase loans, reported …
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