Govt to create consumer credit law to protect borrowers

Published on 23 Jul 2019 5:28:37 PM

Prime Minister Tun Dr Mahathir Mohamad said the government will expedite the creation of the Consumer Credit Act to protect consumers and encourage a healthy credit market.

The premier said that in his opening speech at the National Financial Literacy Strategy 2019-2023 on Tuesday, adding that it was important for consumers to protect themselves from unfair market practices or manipulation.