Explainer: Borrowers to gain bigger, fairer savings as Rule of 78 scrapped

Starting June 1, the government will remove the ‘Rule of 78’ under the new Hire Purchase (Amendment) Act 2026.

This will benefit borrowers of car loans especially those who settle theirs early, refinance or pay extra every month.

Read more: https://www.nst.com.my/business/corporate/2026/05/1444010/explainer-borrowers-gain-bigger-fairer-savings-rule-78-scrapped
----------------------------------
#NST #NSTTV

visit us at http://www.nst.com.my
our Facebook http://www.facebook.com/nstonline
more news at http://www.twitter.com/NST_Online
Instagram http://www.instagram.com/nstonline
and also Tiktok https://www.tiktok.com/@nstonline

Видео Explainer: Borrowers to gain bigger, fairer savings as Rule of 78 scrapped канала NST Online