PTPTN to hold discussion with automotive industry, banks and housing developers

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 black-listed by the Central Credit Reference Information System (CCRIS).
PTPTN chairman Datuk 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 caused on unpaid PTPTN loans. Some may have their names in the CCRIS list earlier.
"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.
Recently, several car manufacturers claimed their sales dropped because the would-be buyers could not obtain loans as they were black-listed in CCRIS for failure to repay their PTPTN loans. — Bernama