That's y it doesn't applicable to most ppl
but if those ppl who have 5k cash left in bank and monthly installment is 2.5k, they can only survive 2 months without salary if their industry is severely impacted.

But ppl like u who are cash rich then don't even need to read news also no problem.

That's y it doesn't applicable to most ppl
but if those ppl who have 5k cash left in bank and monthly installment is 2.5k, they can only survive 2 months without salary if their industry is severely impacted.

But ppl like u who are cash rich then don't even need to read news also no problem.

Do I need to go apply to

Continue pay loan

I want bank continue auto deduct.. As per normal

Knn...

This post has been edited by unforg1ven: Mar 25 2020, 03:37 PM

bank operator say if dont want moratorium just continue to pay as usual

anyone else can confirm this?

It's not exactly no need to pay loans for 6 months.

It's just loan repayments being postponed for 6 months.

If you're financing for 5 years, you still have to pay for 5 years, only paused now and continue after the relief period.

wat they mean is like that la... simply layman term:

the loan repayment is deferred. They say interest will still be accured, this mean because it doesnt mean u don have to pay for 6 months, is just a deferment. Not like bank free for u 6 months. so the 6months still need to pay later, meaning to say ur tenure will be extended.

which bank bro?

If like this I understand, but they say got accrual interest. So what is that about?

You still get 6 months of interest accrued into your total payment. Seems like a way to incentivize banks for particpating in this relief.

Real or not wei

real. I'm going to update this on main page

Car hire purchase interest stop for 6 months I syiok dy.

yahoo, now can take the 6bulan of 2 car loan repayments to buy galazyfold.

Interest still ADD ON to PRINCIPAL. Even WORST!

haha i told u so. No free lunch in this world

your layman is not layman.

you main bini orang. laki dia cari dan kasi pukul.
you main sembunyi2.
tiba-tiba, bnm kate momotoriam 6bulan. laki dia kasi freeze 6bulan.

lepas 6bulan, laki dia masih nak cari dan pukul you.
tapi, dalam 6bulan nie, tak pyah sembunyi2 dan boleh main bini orang lain sepuas hati seperti pas.

This post has been edited by nasiputih: Mar 25 2020, 05:06 PM

and you must be a good paymaster
so, if ur ccris is poor paymaster, u r not eligible for moratorium

how? need to tell the bank if I want to continue pay?

do you guys try to call? especially PBB?

I scare i call Kena diao by PBB

This post has been edited by cofin: Mar 25 2020, 05:08 PM

Why syiok? For hire purchase, interest is already calculated upfront and divided across tenure. We don't pay any less interest but got the benefit of additional cash flow for 6 months.