When licensed moneylenders operate like ah long

KUALA LUMPUR: They may be registered with the Local Government Development Ministry and regulated by the Moneylenders Act 1951 (Act 400) but certain licensed moneylending companies appear to operate like loansharks or “ah long” by charging high interest rates. Read full story

Source : https://www.thestar.com.my/news/nation/2023/07/26/when-licensed-moneylenders-operate-like-ah-long

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