Law to protect borrowers from lenders


  • Letters
  • Tuesday, 18 Jun 2019

THE Federation of Malaysian Consumers Associations (Fomca) strongly supports the announcement by Bank Negara governor Datuk Nor Shamsiah Mohd Yunus on the need for the establishment of a Consumer Credit Law in Malaysia.

In the current economic situation, with stagnating incomes and rising cost of living, consumers face tremendous financial pressures.

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