Gerakan Youth leader Tan Keng Liang urges state government to help those affected by the Court of Appeal's ruling.
The consumer body wants financial education for first-time home buyers to prevent over-borrowing.
Any action will take into account all aspects and will not be done arbitrarily.
PTPTN borrowers who fail to repay loans on time or not at all blacklisted by CCRIS.
National House Buyer Association asks why ministry was so gung-ho about developers giving out such loans.
Urban Wellbeing, Housing and Local Government Minister Noh Omar says as minister he has power to decide on interest rate and loan repayment period.
Finance Minister II Johari Ghani points out that developers need to secure a bank loan themselves before starting any new project.
Finance Ministry is in talks with four major banks on how 1Malaysia People's Housing (PR1MA) can deliver affordable homes.
Rehda Past President Ng Seing Liong says housing developers prefer to use any money they have to build more homes instead of going into the moneylending business as suggested by Minister Noh Omar.
Urban Wellbeing, Housing and Local Government Minister Noh Omar says the interest rate for these money-lending licences will be capped at 12 per cent a year for borrowers with collateral and 18 per cent for those without.
Despite BNM’s rate cut, consumers and businesses are holding back, say analysts.
UTAR lecturer says although loans help spur country’s economic growth, it has a negative effect in the long term.
Bank Negara says access to loans not the problem, issues such as affordability and shortage of reasonably-priced houses more pressing.
CIMB's BR will be reduced from 4.1% to 3.9% per annum and its BLR/BFR, decreased from 6.95% to 6.75% per annum effective July 22, 2016.
Persatuan Pengguna Islam Malaysia says many small business operators find the process to apply for loans too complicated and tedious, so they end up going to Ah Long who charged very high interest rates.
Economic expert suggests these small loans have a low interest rate not exceeding 2%, with the repayment amount broken down into smaller daily or weekly collections rather than hefty monthly amounts.
Despite public perception, statistics show that the credit card application approval rate is only between 50-60%, and not 80%.
These former students will find it difficult to obtain personal loans, credit cards, housing loans and vehicle loans from financial institutions.
It focuses on the sponsorship of students to local institutions of higher learning to retain the brightest students in the country.