just talked to SC bank live agent. for personal loan such CashOne, the tenure will be extended and the monthly installment remain the same.

example the moratorium start apr 2020, then i defer until sep 2020, and only resume paying on oct2020, and the tenure extend for 6 months, and the installment amount is the same.

to me it looks like no extra interest charged right

I wanna check with u guys, for the housing loan, if opt in moratorium, they will recalculate the monthly installment again? I have housing loan with both cimb and rhb bank..

Okok but i see my standard chartered personal loan they still accumulate my interest, wat the fuk..



I tried email them see what they say

(Updated 30/4/2020, 8pm) BNM and ABM’s announcement today covers only hire purchase agreements as well as fixed-rate Islamic financing. There is no mention of additional interest charges for conventional loans, so for now, it is safe to say that conventional personal loans will have no additional interest charged.

this is what ringgitplus charged.

Last time oledi say fixed interest all no additional charges, then HP and fixed rate islamic u-turn become got interest, then only S turn balik become no interest la my fren

Bumping this old thread as it talks about the moratorium during MCO1.

Based on this, is the latest moratorium the same as the one offered in MCO1? ie. simple deferment of payment and no additional fee/charge/interest/udang sebalik batu?

FM: Moratorium not interest free, but banks told to waive compounded interest
https://www.malaysiakini.com/news/580945