PARLIAMENT | He says bank can't use borrower’s EPF savings if loan instalments not paid.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ahmad Maslan: EPF Account Two support facility not collateral to a bankKUALA LUMPUR, April 10 — The Employees’ Provident Fund (EPF) Account Two support facility is not in the form of collateral offered by a borrower to a bank, said Deputy...
Read more »
EPF As Loan Collateral: Monthly Payments To Bank A Must | TRPEPF said that the initial application of FSA2 will allow members to take into account savings in Account 2 to obtain personal financing from banking institutions.
Read more »
Johari: Emergency withdrawal better than using EPF as loan collateral'Collateral will burden contributors as they must pay interest.'
Read more »
Ex-second finance minister says EPF facility risks saddling loan takers with interest paymentsKUALA LUMPUR, April 9 — The move to let contributors use their Employees Provident Fund (EPF) savings as loan collaterals could lead to various problems that include saddling...
Read more »
Johari warns against using EPF savings to support loansThe former second finance minister says borrowers may end up being burdened by interest payments.
Read more »