No excuses for bad decisions, says Chong


PETALING JAYA: Bad borrowing decisions cannot be used as an excuse when people fail to fulfil debt obligations in high price purchases, which can lead them to be declared bankrupt, says MCA Public Services and Complaints Department head Datuk Seri Michael Chong.

Chong said that in many cases, those with huge debts would come up with excuses for their bad borrowing decisions which eventually lead to financial problems.

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