Feb 1 2010, 04:51 PM
this is the best part of the news article:
To meet the needs of a generation of IT-savvy tertiary students, PTPTN also gives the flexibility to check their account balances through by sending and receiving My SMS 15888.
It gives the borrower an accurate and fast way to check the balance anywhere using the mobile phone.
“The network is very extensive. But because of some people’s attitudes, we still have defaulters. Then we have to follow the normal legal procedures,” Yunos said in an interview.
For defaulters, they would receive three notices if they do not pay their PTPTN loans for three consecutive months.
“If there is no action taken after the 3rd reminder, we will send a legal notice of demand.
“The notice will be sent by our panel of lawyers. When we file the summons, we are basically withdrawing all existing contract, which means that the entire loan amount is due.
“It means they have breached the original contract. Simultaneously, we will put their names into the Immigration Department’s blacklist database to forbid them from travelling.
“If you can travel, what does it mean? It means you have money,” he said.
PTPTN Thread v2
Quote
0.0423sec
0.55
7 queries
GZIP Disabled