Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.]
Consumer credit activities namely money lending, pawn brooking and hire-purchase transactions are widely practiced in Malaysia and governed by Money lenders Act 1951, Pawnbrokers Act 1972 and Hire-Purchase Act 1967 respectively. These transactions are done by giving loans to consumers secured by the...
| Main Authors: | , , , |
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| Format: | Student Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/31575/1/31575.pdf |
| _version_ | 1796903272094629888 |
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| author | Hamdan, Balqis Addrus, Farah Diana Mohtar, Athirah Najiah Shariff Roslan, Nur Liyana |
| author_facet | Hamdan, Balqis Addrus, Farah Diana Mohtar, Athirah Najiah Shariff Roslan, Nur Liyana |
| author_sort | Hamdan, Balqis |
| collection | UITM |
| description | Consumer credit activities namely money lending, pawn brooking and hire-purchase transactions are widely practiced in Malaysia and governed by Money lenders Act 1951, Pawnbrokers Act 1972 and Hire-Purchase Act 1967 respectively. These transactions are done by giving loans to consumers secured by their property as collateral. The purpose of this paper is to analyze the existing laws governing consumer credit transactions in Malaysia and to determine the weaknesses in the existing laws. In the same tenor, this paper will address the current flaws and insufficiency of laws governing consumer credit activities and transactions in Malaysia and reasonable suggestions are recommended in order to cope with the weaknesses. |
| first_indexed | 2024-03-06T02:17:32Z |
| format | Student Project |
| id | oai:ir.uitm.edu.my:31575 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T02:17:32Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:315752020-07-02T03:01:37Z https://ir.uitm.edu.my/id/eprint/31575/ Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] Hamdan, Balqis Addrus, Farah Diana Mohtar, Athirah Najiah Shariff Roslan, Nur Liyana Record keeping. Bank secrets. Including money laundering Consumer credit activities namely money lending, pawn brooking and hire-purchase transactions are widely practiced in Malaysia and governed by Money lenders Act 1951, Pawnbrokers Act 1972 and Hire-Purchase Act 1967 respectively. These transactions are done by giving loans to consumers secured by their property as collateral. The purpose of this paper is to analyze the existing laws governing consumer credit transactions in Malaysia and to determine the weaknesses in the existing laws. In the same tenor, this paper will address the current flaws and insufficiency of laws governing consumer credit activities and transactions in Malaysia and reasonable suggestions are recommended in order to cope with the weaknesses. 2014-12 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/31575/1/31575.pdf Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.]. (2014) [Student Project] (Unpublished) |
| spellingShingle | Record keeping. Bank secrets. Including money laundering Hamdan, Balqis Addrus, Farah Diana Mohtar, Athirah Najiah Shariff Roslan, Nur Liyana Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] |
| title | Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] |
| title_full | Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] |
| title_fullStr | Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] |
| title_full_unstemmed | Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] |
| title_short | Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.] |
| title_sort | revisiting consumer credit laws in malaysia balqis hamdan et al |
| topic | Record keeping. Bank secrets. Including money laundering |
| url | https://ir.uitm.edu.my/id/eprint/31575/1/31575.pdf |
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