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'PTPTN always open for consultation with borrowers'

The National Higher Education Fund Corporation (PTPTN) is always open for negotiations to all borrowers with difficulties in making repayments and strives to ease their burden.

PTPTN, in a statement issued in Kuala Lumpur yesterday, said the action taken was not to pressure any parties but for the sake of national education and providing adequate fundings for students in future.

According to the statement, any action taken would take into account all aspects and would not be done arbitrarily, with PTPTN alsways sticking to the customer-friendly concept.

Among the approaches included negotiations for restructuring of loans, opening the state and branch PTPTN offices, operating on weekends and after office hours for some branch offices and providing online payment services.

However steps taken by the PTPTN, which included listing borrowers in the Central Credit Reference Information System (CCRIS) would continue, it said.

The PTPTN statement was issued following a statement by Higher Education Minister Idris Jusoh on Sunday, reminding the organisation not to prosecute any borrowers when collecting their loan repayments.

- Bernama

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