Loan sharks sharpen their bite


Out in the open: A man walking past posters advertising ah long services in Setapak, Kuala Lumpur.

PETALING JAYA: Loan sharks are getting more aggressive, coming up with tantalising packages tailored for major events such as the FIFA World Cup and Chinese New Year.

Known also as ah long, these illegal moneylenders lure victims by offering them different packages for different seasons. Some offer discounts for early payback or easy repayment schemes.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Courts & Crime , Ah Long

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