KUALA LUMPUR: An alarmingly high percentage of graduates have failed to repay their National Higher Education Fund Corporation (PTPTN) loans, says Higher Education Deputy Minister Dr Mary Yap (pic). Dr Yap highlighted that CCRIS is not a mechanism to blacklist borrowers but a method to record one's credit behaviour. She said a CCRIS listing would educate borrowers to be more disciplined and commit to repay their loans. She added that PTPTN offers several methods of payments and even allows borrowers to opt for monthly repayments for up to 60-year tenures. Dr Yap encouraged borrowers – especially those who are unemployed – to call the PTPTN careline or visit any of its 70 branches nationwide to seek guidance on how to repay their loans.

Source: The Star November 03, 2016 13:13 UTC