Zero arrears recorded in housing loan repayment
By Julie Ngadan & Nura V Lorna KUCHING: None of the people from the B40 and mid-M40 groups who took housing loans from Mutiara Mortgage and Credit Sdn Bhd have ever defaulted in their repayments. According to its chief executive officer Shaharony Mat Nor, during the four years of the company’s operations, the more than […]
Mechanic loses RM41,980 in loan scam
SIBU: A mechanic lost RM41,980 after falling prey to a loan scam. Sibu District police chief ACP Stanley Jonathan Ringgit, in a statement today, said the 45-year-old victim came across a loan advertisement on Facebook on Feb 28 and was immediately taken in. “He wanted to apply for a sum of RM40,000 to pay off […]
No moratorium on housing loan repayment for public sector
KUALA LUMPUR: The Public Sector Home Financing Board (LPPSA) will not be providing any moratorium on monthly loan repayments as the public sector employees’ welfare are taken care of. In a statement today, it said the decision was also made to ensure its financial sustainability. It said the LPPSA’s housing loan facility are subsidised at an interest rate of 4.0 per […]
