AWANI Review: Digital Lending - Unlocking Fast, Secure Credit
When faced with financial pressures, many people turn to fast credit options, sometimes resorting to unregulated methods with high-interest rates and potential debt traps. Direct Lending strives to offer a safe and affordable alternative for borrowers who might be overlooked by traditional financial institutions.
Sat Jan 20 2024
![PM Anwar calls on banks to continue to help SMEs PM Anwar calls on banks to continue to help SMEs](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-06/51688095906_TBANWARIBRAHIM.jpg)
PM Anwar calls on banks to continue to help SMEs
At the same time, troubled borrowers can get free advice and loan repayment assistance through the Credit Counseling and Management Agency.
Fri Jun 30 2023
![PTPTN loan repayment discount initiative on offer until May 31 PTPTN loan repayment discount initiative on offer until May 31](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-05/71685090187_TBdasuki.jpg)
PTPTN loan repayment discount initiative on offer until May 31
PTPTN has provided various channels for borrowers to make repayments including online through the myPTPTN application and internet banking.
Fri May 26 2023
It's About YOUth: PTPTN - What’s driving the student debt problem?
Plagued by collection problems and low repayment rates, is it time to rethink the PTPTN model of student finance? And with many borrowers earning too little to afford repayment, what does this say about the structural employment problems facing graduates? Ooi Kok Hin from The Centre talks about building a more sustainable higher education financing programme.
Fri Mar 10 2023
![Budget 2023: Govt needs to focus on issues of high interest rates, unsold houses Budget 2023: Govt needs to focus on issues of high interest rates, unsold houses](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-03/71648213152_Prma.jpg)
Budget 2023: Govt needs to focus on issues of high interest rates, unsold houses
Ahmad Hariza said for the present time, the interest rate charged to borrowers is seen to be very high.
Tue Oct 04 2022
![PTPTN loan for M40 (M1) group increased to 100 per cent - PM PTPTN loan for M40 (M1) group increased to 100 per cent - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-09/51663213644_IsmailSabri.jpg)
PTPTN loan for M40 (M1) group increased to 100 per cent - PM
Ismail Sabri said the government also agreed to provide loans for the purchase of laptops to PTPTN borrowers in the M40 group.
Thu Sep 15 2022
![Four men charged with criminal intimidation, committing mischief against borrowers Four men charged with criminal intimidation, committing mischief against borrowers](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-09/81662728070_TBmahkamahkuantan.jpg)
Four men charged with criminal intimidation, committing mischief against borrowers
Four men appeared on charges of criminal intimidation, wrongful confinement and committing mischief against 11 borrowers of money from illegal money lenders or 'Ah Long'.
Fri Sep 09 2022
![Adverse income, employment shock scenario can result in up to 4 pct loan default by end 2024 - BNM Adverse income, employment shock scenario can result in up to 4 pct loan default by end 2024 - BNM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-03/41648618553_KWSP.jpg)
Adverse income, employment shock scenario can result in up to 4 pct loan default by end 2024 - BNM
BNM has expressed its concerns over the financial resilience of some segments of household borrowers that highly leveraged and have lower financial buffer.
Wed Mar 30 2022
![PTPTN organises Click, Pay & Earn 2022 campaign to facilitate loan repayment PTPTN organises Click, Pay & Earn 2022 campaign to facilitate loan repayment](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-02/61644427115_KempenClickPay.jpg)
PTPTN organises Click, Pay & Earn 2022 campaign to facilitate loan repayment
The campaign requires borrowers to repay a minimum amount using their preferred channel to qualify for the rewards offered.
Thu Feb 10 2022
![Opportunity to settle PTPTN loan with discount incentives offered Opportunity to settle PTPTN loan with discount incentives offered](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-12/81640582597_PTPTN.jpg)
Opportunity to settle PTPTN loan with discount incentives offered
The three discount incentives for borrowers were a relief with many taking the opportunity to to settle their outstanding balance.
Wed Dec 29 2021
![PTPTN borrowers affected by flood can apply to defer repayment from tomorrow PTPTN borrowers affected by flood can apply to defer repayment from tomorrow](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-12/81640582597_PTPTN.jpg)
PTPTN borrowers affected by flood can apply to defer repayment from tomorrow
Borrowers of the PTPTN who are affected by the floods can apply to defer their repayment from tomorrow until March 31, 2022.
Mon Dec 27 2021
![Floods: Govt agrees to give three-month loan deferment to PTPTN borrowers Floods: Govt agrees to give three-month loan deferment to PTPTN borrowers](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2016-02/71455590334_ptptn.jpg)
Floods: Govt agrees to give three-month loan deferment to PTPTN borrowers
Affected borrowers can apply (for the loan deferment) to PTPTN from Dec 28 to March 31, 2022, Noraini said.
Sat Dec 25 2021
![Banking sector will continue to help borrowers facing financial difficulties - PM Banking sector will continue to help borrowers facing financial difficulties - PM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-12/41639553795_TBISMAIL.jpg)
Banking sector will continue to help borrowers facing financial difficulties - PM
Ismail Sabri said banks were requested to continue assisting borrowers facing financial difficulties in repaying their loans and to postpone legal action against defaulting borrowers.
Thu Dec 16 2021
![Over 500,000 PTPTN borrowers never repaid their loans Over 500,000 PTPTN borrowers never repaid their loans](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2016-02/71455590334_ptptn.jpg)
Over 500,000 PTPTN borrowers never repaid their loans
They were among 2,424,009 borrowers who had completed their studies and were supposed to repay their loans amounting to almost RM24.6 bln.
Wed Nov 24 2021
![Almost 800,000 or 77 pct of PTPTN borrowers have paid up their loans - Noraini Almost 800,000 or 77 pct of PTPTN borrowers have paid up their loans - Noraini](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2019-05/51557075581_ptptn.jpg)
Almost 800,000 or 77 pct of PTPTN borrowers have paid up their loans - Noraini
So far 2.4 million of the borrowers have completed their studies and by right PTPTN should receive almost RM24.6 billion in loan repayments.
Mon Nov 15 2021