Association of Hire Purchase Companies Malaysia (AHPCM)

Also known as the Persatuan Syarikat-Syarikat Sewa Beli Malaysia in Malay. Founded in 1965 with membership of members representing the finance, credit, leasing, new and used car companies and motor cycle companies. In 1986, jointly with Association of Finance Companies of Malaysia, the Association set up a computer service bureau, Financial Information Services Sdn Bhd (FIS) to undertake registration of vehicles and equipment financed by member companies. Today over millions records on vehicles, vehicle equipments, hirers, lessees and guarantors are stored on the master file of FIS Vehicle and Equipment Registry, which is constantly up-dated with records on stolen vehicles obtained from the police and vehicles and equipment detained by the Customs. Members companies have speedy access to status reports through enquiries by telephone and facsimile at very low charges. The official website features Wanted Vehicle, Application Forms, Constitution and Guide to Hire Purchase.

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Guide ID: 2883