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Borrowers, economists keep eyes on US interest rates
JACKSON, Wyoming (AP): Is the long wait coming to an end for borrowers who would like to see interest rates go down?The Federal Reserve has not sliced a key interest rate _ now at 5.25 percent _ in four years.
Borrowers owe RM500m
Borrowers still owe Mara a staggering RM500mil in unpaid education and business loans though its collection rate has gone up by 30% this year.
Loan borrowers welcome discount
National Higher Education Fund Corporation (PTPTN) loan borrowers say discounts on their loans are an incentive for them to pay up.
Mechanism to help borrowers repay loans
KUALA LUMPUR: The government will introduce a mechanism for the National Higher Education Fund Corporation (PTPTN) borrowers listed in Central Credit Reference Information System (CCRIS) to be disciplined in their financial payment for housing as well as education loans.
No more discounts for PTPTN borrowers
THERE will be no more discounts for National Higher Education Fund Corporation (PTPTN) borrowers who fully settle their loans or through salary deductions.
Ananda's Aircel latest casualty in India’s crackdown on delinquent borrowers
KUALA LUMPUR: Billionaire T. Ananda Krishnan’s Aircel Ltd.filed for bankruptcy protection from creditors, making the phone operator the latest casualty in India’s campaign to go after delinquent borrowers.
New PTPTN scheme makes it easier for blacklisted borrowers
THE National Higher Education Fund Corporation’s (PTPTN) new facility to resolve overlapping study loans has benefitted 284,210 blacklisted borrowers, making it simpler for them to clear their credit, ParÂliament was told.
Ah Long targeting borrowers’ ‘associates’ over debts
KUALA LUMPUR: Two women are being harassed by loan sharks simply for the crime of being associated with the borrowers.
U.S. regulators urge banks to work with borrowers during shutdown
WASHINGTON (Reuters) - U.S. regulators on Wednesday urged banks to go easy on borrowers who are having trouble making payments on mortgages, student loans and other debt because of the federal government shutdown.
Borrowers giving moneylenders the slip with doctored documents
KUALA LUMPUR: Some borrowers are resorting to false information to get loans from moneylenders.