THE amended Moneylending Act, which received parliamentary approval recently, should help to protect those who make use of such services to borrow money.
The Act was amended following complaints about the tactics used by some lenders to recover their loans from borrowers and which had created such adverse public reaction that the authorities were forced to act to protect the consumers.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
