Touch 'N Go has launched the GOpinjam on its e-Wallet platform. Jointly developed with CIMB Bank Bhd, it offers personal loans from as low as RM100 to RM10,000. – Screenshot, April 8, 2022.
THE Federation of Malaysian Consumers Associations has slammed the government and the central bank for allowing Touch ‘n Go Group to charge up to a 36% interest rate for its newly launched micro-lending scheme. Fomca secretary-general Dr Paul Selva Raj chided the Finance Ministry and Bank Negara Malaysia for showing no regard for consumer welfare.
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