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 Akta Had Masa, Not servicing credit service 6years++

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kons
post Nov 16 2023, 04:55 PM

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QUOTE(dawnreaver @ Nov 16 2023, 04:51 PM)
But an unactivated card is not even in the system and cannot be used.  rclxub.gif
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it is not even in my online banking... all the time i am using online banking, but there is no card listed there
because it is not activated..
TSB0ss_ku
post Nov 16 2023, 07:04 PM

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QUOTE(accordvtec @ Nov 16 2023, 12:21 PM)
why would they lose? lol
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Then what is the Akta masa is for?
accordvtec
post Nov 16 2023, 07:47 PM

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QUOTE(B0ss_ku @ Nov 16 2023, 07:04 PM)
Then what is the Akta masa is for?
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so that loaner cannot pursue the debt after a significant of time passed due to lack of evidence and potentially lack of fairness etc on defaulter's side.
just like how income tax can only chase you up to 7years (iirc) of past history.

that's why before the statute of limitation reached, the loaner need to exercise their rights to sue defaulter as they deem fit

This post has been edited by accordvtec: Nov 16 2023, 07:49 PM

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