Loan applicants need to check credit score
Published on: Monday, August 09, 2021
By: David Thien
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.jpg "Loan applicants need to check credit score")
Key management personnel of CTOS.
Kota Kinabalu: The Covid-19 lockdowns have seen many people falling back on their loan payments not covered by any moratorium granted by lenders.Reputation of being a good paymaster matters to most lenders of repute.
Institute for Democracy and Economic Affairs (Ideas) Chief Executive Officer Tricia Yeoh is sceptical of some lower-income households’ capacity to service their loans.
“Clearly, there are segments of Malaysian households that are currently facing financial distress. My concern is for those who are highly geared.
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