This 6 months moratorium indicates MCO besar kemungkinan akan dipanjangkan?

Its abit out of sense 2 weeks MCO resulted in 6 months moratorium and they announce it now and not on near end of MCO unless there's insider knows MCO will most probably extending.

so what's make the different before and after the announcement by BNM?

BNM has neglected the life insurance policy payments .

it say you have to show  that you are effected...  and cannot pay the loan  ... eg    got terminated, 
no free ride  man 

moratorium means delay or temporary period where no payment is required.

however, normally interest will still be charged and after the moratorium, the payment amount will be recalculated to incorporate the accrued interest. So essentially, one would pay interest on interest accrued (ie not paid during the moratorium).

Look at the letter 1 shared by Buffolo Soldier at post 89, the footnote 1.

This was before the BNM's announcement today.

So it's now automatic for all, and yes, there's no accrued interest and no hit on your CCRIS.
They aren't gonna announce an "automatic" relief where the whole country pays more interest to banks at the end.
No one will "automatically" pay more.

The only part i dont get it is 1st automatic then ask to provide proof. What part of automatic bnm dont understand? If auto, no need proof = all loaner will get this exemption. If need to give proof, then its not auto. Just say only those who affected can apply it would be easier word

This 6 months moratorium indicates MCO besar kemungkinan akan dipanjangkan?

Its abit out of sense 2 weeks MCO resulted in 6 months moratorium and they announce it now and not on near end of MCO unless there's insider knows MCO will most probably extending.

So bank stock will gg for their coming gg? as the loan principal and interest is granted delay ?

only if you are directly affected

1. fired/terminated
2. unable to drive grabcar no income etc
3. etc...

how bout AH LONG loan.....? 6 month also....?

delay 6 months interest, like this also GG?

Wow just wow. Delusional at its finest.

Btw I do this for a living too? You’re just an insurance agent it seems so hows accounting your day to day language? Debit credit?

What a joke

abang, interest and principal
you think bank no need cash flow ah?

No need to pay ur loans for 6 months and no accrued interest whatsoever

Means u pay 3k for ur car now. U can stop paying for 6 months and 6 months later continue paying again

Same goes for housing loan and personal loan

Its automatic blanket moratorium

No u dont have to prove u were affected, because covid affected everybody as there was a 2 week lockdown which affect everyone regardless u are infected or not

And this lockdown might be even extended

So its as simple as that.

Oh credit card not included ya