PTPTN loan holders now listed in Bank Negara's credit reference database
KUALA LUMPUR: Starting this month, the National
Higher Education Fund Corporation (PTPTN) is collaborating with Bank
Negara to list PTPTN loan holders under the Central Credit Reference
Information System (CCRIS).
According to Education Minister II Datuk Seri Idris Jusoh, those who
have not settled their loan repayments should discuss this matter with
PTPTN or they might face difficulties when applying for other loans.
However, he said this was not something scholars should worry about.
"This system was put in place for those who are adamant about not
repaying their loans," said Idris during a press conference Monday after
the PTPTN Hari Raya celebration here.
He added that those unable to repay their loan could discuss their
payment plan with PTPTN to come up with a new repayment schedule.
This would enable their names to be excluded from the CCRIS database, he added.
Those who managed to repay their loans in one lump sum before Sept 30 this year will get a 20% discount.
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