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PETALING JAYA: Bank Negara, in a series of studies and tests to assess the financial health of borrowers, has outlined three scenarios that would impact a borrower’s debt-repayment capacity.
SUTHAN Kusala Kumaran, 25, welcomed the Prime Minister’s announcement to extend the grace period for borrowers of PTPTN loans from six months to a year.
LONDON: June is already the year’s busiest month for leveraged loan sales in Europe as borrowers from Altice to Verallia got deals done before the Brexit referendum.
WASHINGTON: The largest U.S. student loan servicer, Navient Corp, cheated borrowers out of billions of dollars, often by deceiving them about repayment options and their legal rights, the U.S. consumer financial watchdog said on Wednesday as it announced a lawsuit against the company.
KOTA KINABALU (Bernama) - The National Higher Education Fund Corporation (PTPTN) must be stricter with errant borrowers and send them monthly reminders.