You Now Get to Choose How You'd Like to Pay Your PTPTN Loan!

You Now Get to Choose How You'd Like to Pay Your PTPTN Loan!
Apr 25, 2019
8:19 am

by Mitchell W.

We get that it's hard to pay off your PTPTN loans -- with the challenge of finding employment that pays well and also your finances possibly being spent of helping your family...

However, your PTPTN loans still gotta get paid. The hardship is part of "adulting" man...

Well there might be a way you where can CHOOSE the best way for you to pay up on your loans -- by being invited to give your say on how best to collect the money that you owe.

“The repayment method for PTPTN has been discussed a lot and has been the focus since Pakatan Harapan became the government," says PTPTN chairman Wan Saiful Wan Jan.

As we know right now, the rough estimated total of loans being issued amounts to RM6.3 Billion and the 51% of the two million borrowers had not started servicing their loans or had paid inconsistently.

As hard as it may be to pay off a Loan, it also isn't right to borrow money and not pay the borrower back right?

I'd imagine that if someone borrowed RM5 from you, you'd want him/her to pay you back too...and it'd be worse if you had thousands of people each borrowing RM5 or more from you constantly.

So imagine if YOU are borrowing thousands and thousands of ringgit from the government for financial aid, it'd be your responsibility to repay the loan so it can be used to help other people in need.

Well as for now, the proposed idea of #BolehBincang loan repayment mechanisms are still being discussed and will be revealed once the Cabinet has come to their final decision.

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