PTPTN talking with car, housing industry over blacklist

PTPTN talking with car, housing industry over blacklist

Drop in sales of new cars blamed on student loan defaulters blacklisted under Central Credit Reference Information System (CCRIS).

ptptn
LENGGONG:
The National Higher Education Fund Corporation (PTPTN) will hold discussions with the automotive industry, commercial banks and housing developers to help PTPTN debtors from being blacklisted by the Central Credit Reference Information System (CCRIS).

PTPTN chairman Shamsul Anuar Nasarah said the discussion, which would be held soon, was necessary to help PTPTN debtors in taking (car and housing) loans.

“Our debtors may find their names in the CCRIS list, for various reasons, not only because of unpaid PTPTN loans. Some may have their names in the CCRIS over other outstanding debts.

“That is why their loan applications were not approved… because they have exceeded their capability to make repayment,” he told a media conference after a Hari Raya Aidilfitri gathering at Dataran Tampan here yesterday.

Recently, several car manufacturers claimed their sales dropped because would-be buyers failed to obtain loans, after being blacklisted by CCRIS for failure to repay their PTPTN loans.

 

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