Yayasan Sarawak reserves the right to take legal action against borrowers’ who fails to repay loans within their scheduled period. Their names will also be listed on CTOS as Hardcore Debtors. Yayasan Sarawak has the right to share borrowers’ information to the Credit Rating Agency if a borrower fails to repay after issuing the final reminder.
“We want to be approachable, open to any inputs, and constructive criticism. This is definitely very important in the effort to structure policies and specific agendas, especially involving youth and university students,” he added.During the programme, seven relevant agencies were also involved in engaging the university students, namely Social Security Organisation (SOCSO), Election Commission (EC), National Higher Education Fund Corporation (PTPTN), Economic Planning Unit (EPU), Sarawak Foundation, UKAS and TVS. ... ExpandHide