For those earning below 36k pa. In order to clear their Credit Cards Debts, does this means, that BNM is encouraging them to go for more ie Personal Loan to settle their Credit Cards Debts.

OR

BNM will negotiate on behalf each individual with the Banks to turned their Credit Cards Debts into a Fixed Long Terms Loan, which means a Fix Interest%.

OR

BNM will still charged for the only allowed Credit Cards(Max 2 Credit Cards) the GST + while still paying the Credit Cards that turn to Fixed Long Terms Loan.



I wish someone can enlighten me for my queries ? Thanks