Ah Long vs Licensed Moneylenders: How to Spot the Difference
When cash runs short, many Malaysians look for fast loans. But in moments of desperation, some people end up turning to Ah Longs (illegal loan sharks) without realizing the risks. While licensed moneylenders do exist and are regulated under the Moneylenders Act 1951, telling the difference isn’t always easy. Here’s what you need to know […]