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Selangor to get back loans from ex-students
Selangor has appointed Noble Nexus Sdn Bhd (NNx) to trace former students who failed to repay their loan arrears amounting to about RM40mil.
Borrowers to gain under amended Act
Under the proposed amendments to the Pawnbrokers Act 1972, pawnbrokers will have to return the excess amount to borrowers who default on payment if they sell the items pawned for a higher sum than the loan taken.
Ministry expects more bite soon to reel in loan sharks
The Housing and Local Government Ministry's enforcement division will be given extra muscle when it begins enforcing the Moneylenders Act (Amendment) 2003 in a few days.
More educated women here
From the Malay Press: Malaysia is one of the countries in the Asia-Pacific region that has more educated women compared to men, I>Utusan Malaysia/Ireported yesterday.
MIED may ask collateral for study loans
Students applying for a study loan exceeding RM20,000 from the MIC's Maju Institute of Educational Development (MIED) may have to provide collateral.
Many datuks among education loan defaulters
SEVERAL datuks are among the 1,531 people who have not repaid education loans taken from the Negri Sembilan Foundation (YNS) totalling RM9.9mil, according toIBerita Harian./I>
Where to get your study loans
The following is a list of the institutions which provide study loans.
Tips on choosing a bank loan
Shop around. Don't just sign up for the first loan you find. Talk to at least three banks to see what options are available and what suits you best.
Loans available from many sources
The lack of money is no longer a major deterrent to those wishing to pursue higher education in Malaysia. There are now numerous bodies which give out education loans with generous terms and a relatively low interest rate, allowing for greater access to higher education.