Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.]

Hamdan, Balqis and Addrus, Farah Diana and Mohtar, Athirah Najiah and Shariff Roslan, Nur Liyana (2014) Revisiting consumer credit laws in Malaysia / Balqis Hamdan …[et al.]. [Student Project] (Unpublished)

Abstract

Consumer credit activities namely money lending, pawn brooking and hire-purchase transactions are widely practiced in Malaysia and governed by Money lenders Act 1951, Pawnbrokers Act 1972 and Hire-Purchase Act 1967 respectively. These transactions are done by giving loans to consumers secured by their property as collateral. The purpose of this paper is to analyze the existing laws governing consumer credit transactions in Malaysia and to determine the weaknesses in the existing laws. In the same tenor, this paper will address the current flaws and insufficiency of laws governing consumer credit activities and transactions in Malaysia and reasonable suggestions are recommended in order to cope with the weaknesses.

Metadata

Item Type:	Student Project
Creators:	Creators Email / ID Num. Hamdan, Balqis 2012664514 Addrus, Farah Diana 2012656442 Mohtar, Athirah Najiah 2012645586 Shariff Roslan, Nur Liyana 2012666482
Contributors:	Contribution Name Email / ID Num. Thesis advisor Ilias, Ilyana @ Ibtisam UNSPECIFIED
Subjects:	K Law > K Law in general. Comparative and uniform law. Jurisprudence > Record keeping. Bank secrets. Including money laundering
Divisions:	Universiti Teknologi MARA, Shah Alam > Faculty of Law
Programme:	Bachelor of Laws (Hons)
Keywords:	credit, money, transactions
Date:	December 2014
URI:	https://ir.uitm.edu.my/id/eprint/31575