01 Jul 2026, 07:59:12 PM

You Can Save On Your Car Loan With New Revamp of Rules

Car buyers in Malaysia will soon get fairer car loans after the government decided to remove the old “Rule of 78.” This rule has been used for decades in hire-purchase loans but was often seen as unfair. The change comes with the new Hire-Purchase (Amendment) Bill 2025, passed on October 8, which replaces the old