Mandatory Financial Education for Big Borrowers in 2027
Felix Neoh, Director of Financial Planning , Finwealth Management
13-Nov-25 07:45
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Felix Neoh, Director of Financial Planning at Finwealth Management, explains the objectives and expected impact of the new 15-minute financial education module that consumers applying for personal loans above RM100,000 will be required to complete starting in 2027. Nonetheless, there isn’t a test at the end.
Image Credit: Shutterstock.com
Produced by: Agnes Ong
Presented by: Wong Shou Ning, Elaine Boey, Keith Kam
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Categories: economy, government, financial wellness
Tags: financial wellness, financial literacy, loans, bank negara malaysia, bnm, financial education, financial planning,