Amended Hire Purchase Act out to bolster consumer credit ecosystem

🌐 Borneo Post (MY) —
Amended Hire Purchase Act out to bolster consumer credit ecosystem

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Malaysia has enacted the Hire Purchase (Amendment) Act 2026 to strengthen consumer credit protections and rights. The law reforms implementation, amendments, and legislative frameworks related to consumer finance, as announced by the Domestic Trade and Cost of Living Minister.

KOTA KINABALU (March 16): The Hire Purchase (Amendment) Act 2026 stands as among the key points in the consumer movement agenda. According to Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali, the legal reform pertains to consumer rights and interests, covering aspects of implementation, amendments and the development of legislative frameworks. Gazetted [...] The post Amended Hire Purchase Act out to bolster consumer credit ecosystem appeared first on Borneo Post Online.

Politics Markets Malaysia consumer credit hire purchase legislation consumer rights financial reform

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