{
  "id": 8420049,
  "title": "14 banks start offering ‘reducing balance’ method for HP loans",
  "url": "https://urgent.news/2026/09/19/14-banks-start-offering-reducing-balance-method-for-hp-loans-8420049",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T07:42:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/nation/2026/09/19/14-banks-start-offering-reducing-balance-method-for-hp-loans"
  },
  "original_language": "en",
  "account": null,
  "summary": "Minister says 80% of 429 hire-purchase providers are also transitioning from the old flat-rate and the Rule of 78 calculation methods.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "14 banks start offering ‘reducing balance’ method for HP loans",
        "url": "https://urgent.news/2026/09/19/14-banks-start-offering-reducing-balance-method-for-hp-loans",
        "published": "2026-09-19T07:42:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}