Tight Loan Application Rules By Bank Negara Affecting Car Sales, Says Perodua
KUALA LUMPUR, Jan 31 (Bernama) — Second national car manufacturer Perodua, which produces affordable compact cars for the masses, has asked Bank Negara Malaysia to ease up on tight loan conditions for hire purchase of cars imposed effective this year, …
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Refund anticipation loans coming to an end
But federal crackdowns on banks mean once such source — refund anticipation loans (RALs) — might be on the way out. "It's pretty much the end of the RAL as big business," says Chi Chi Wu, staff attorney for the National Consumer Law Center (NCLC), …
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