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The Stick and Carrot Approach to Moneylenders’ Self-Regulation in Klang Valley, Malaysia

Daljit Kaur Sandhu · Afida Mastura Muhammad Arif · Elistina Abu Bakar · Husniyah Abd. Rahim ·International Journal of Economics and Management ·2021 ·JEL: D18, K23

The vital role played by the moneylending industry in Malaysia resulted in 1,496 licensed moneylenders registered within the Klang Valley, in 2020. Even though the Moneylenders Act 1951 exist to protect the industry, law enforcement is a ch...

Borrowers Interpretative Phenomenology Analysis (IPA) Moneylenders Act 1951 (MLA) Moneylenders Self-regulation

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