Transforming
Possibilities
Driving Your Success with Smart Hire Purchase Options with Our Members
Our Members,
Your Purchase
Partner
Our Members Are Your Trusted Partner in Making Big Purchases Possible
Our History
Association of Hire Purchase Companies Malaysia
(Persatuan Syarikat-Syarikat Sewa Beli Malaysia)
The history of this Association dates back some years since its formation in 1965 representing the finance, credit, leasing, new and used car companies and motor cycle companies. The Association is managed by an elected Council and regular meetings are held to conduct the affairs of the Association.
In order to alleviate possibility of multiple financing transactions, the Association in 1986, jointly with Association of Finance Companies of Malaysia set up a computer service bureau, M/s Financial Information Services Sdn Bhd (FIS) to undertake registration of vehicles and equipment financed by member companies of both Associations of Hire Purchase, leasing and Block Discounting.
Our Mission
The objective of the Association are to promote, enhance, protect and safeguard the interests of its members with particular reference to the hire purchase industry.
Our Services
Other Services
- Maintain database of repossessors/customer service coordinators servicing the industry.
- Repossessors register with AHPCM after obtaining permit from KPDN.
- Customer Service coordinators register directly with AHPCM
- Disseminate relevant information, legal or otherwise, beneficial to members.
- Organize courses
- Organize games
A guide to
hire purchase
Hire purchase is the hiring of goods with an option to purchase. The Hire Purchase Act consists of the details. Click to read more.
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