credit card need pay?

Moratorium is just a cease of activity which can be resume, interest will be accrued, and you will have to pay them in the future. the banks will not eat this loss. You don't pay, the bank will still repossess your collaterals, or black list you, or sue you to bankruptcy, or ALL OF THE ABOVE

I want continue paying loan instalment how?

I dont want to stop since bank still charge interest on my loan

I thought moratorium is a pause. Meaning as if this 6 months doesn't exist and continue paying after the 6 months the same amount. The interest shouldn't accrue in this 6 months.

if you are infected automatically registered to kkm

how hard to find the rest so long they have your IC?

I thought moratorium is a pause. Meaning as if this 6 months doesn't exist and continue paying after the 6 months the same amount. The interest shouldn't accrue in this 6 months.

pay macam biasa je la. not affected. not like the system kolok

Affected and infected different meanings. Perhaps the BNM has more detailed terms. Or else you can just register SSM and claim your online business is affected.
Yea, dont think it will be accrued.

Loyar buruk... that's wrong info.
Cannot trust your financial advise anymore...

this is confusing.

I just want to know will the interest will be accrued if apply moratorium ?

Now Direct debit from saving account

So now need go to bank tell them pls continue deduct dont stop?

Yea, dont think it will be accrued.

https://www.malaymail.com/news/malaysia/202...ns-exce/1849820

Bank Negara announces automatic six-month moratorium on all bank loans — except for credit card balances

KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) tonight has ordered an automatic six-month moratorium on all bank loans — except for credit card balances — for those affected by the Covid-19 outbreak.

In a statement, BNM said the measure was designed to ease the cash flow of small and medium-sized enterprises and individuals that are likely to be most affected by Covid-19.

“Banking institutions will grant an automatic moratorium on all loan/financing repayments/payments, principal and interest (except for credit card balances) by individuals and SME borrowers/customers for a period of six months from April 1, 2020,” the statement read.

The moratorium was among the additional measures announced by BNM, which it said are designed to ensure that “the financial intermediation function of the financial sector remains intact, access to financing continues to be available and banking institutions remain focused on supporting the economy during the exceptional circumstances”.

I think it will. Banks will not eat up the losses as they still need to lay their depositors (fd) and other borrowers

Yes still. interest will be accrued from what I was made to understand. While you do not need to pay them in the next 6 months, you will still end up paying them, albeit in the future

This move is made to protect people's cashflow since many are not making much, if any income
As per my explanation above, that was actually a valid question. Just because you do not need to pay the principal and interest, doesn't mean that the bank would eat the loss. The bank would just consider this a deferred revenue for them which they will collect (likely with interest on top of it) in the future (6 months from April)

For outstanding credit card balances, Bank Negara said customers should be offered the option to convert the outstanding balances into term-loan of not more than three years.

"For corporate borrowers, banking institutions are strongly encouraged to facilitate requests for a moratorium," the letter stated.