PUTRAJAYA: The Consumer Credit Act 2025 (Act 873), gazetted on Dec 31, came into force on Sunday (March 1) as part of the government’s efforts to strengthen consumer credit protection, says the Finance Ministry.
It said in a statement on Monday (March 2) that in line with the Act's enforcement, the government will set up the Consumer Credit Commission (CCC) to oversee the industry more comprehensively.
