deferred payment, that's all...it doesn't mean u get to pay less or bank is getting less...interest rate is still ongoing for this 6 deferred payment months(people need to remember this)
Breaking* BNM say no need to pay loans, for 6 months
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 Mar 25 2020, 07:40 AM
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3,581 posts Joined: Oct 2007 From: everywhere in sabah  
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Mar 25 2020, 09:37 AM
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3,581 posts Joined: Oct 2007 From: everywhere in sabah
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QUOTE(JoLee @ Mar 25 2020, 07:56 AM) Ha ha ha govt not giving you anything but allowing you to delay your debts merely prolonging your indebtness to the bank. If interest accrued then you are compounding that debt. Basically this government is saying screw your future use your future savings now because we got no money to give. it has it's goods and bads for those who became jobless/lost of income due to this, this would help....ALOT QUOTE(RecieptBuyer @ Mar 25 2020, 08:56 AM) My understanding thisJust imagine the timeline on a single line. =============================== April (Off) Sept Sept onwards =>>>>> Its just a delay. Switch the timeline to defer the current existing schedule. the most easiest explanation to those who don't understand is that your installment of 1st april 2020 will be delayed to 1st oct 2020 it's that simple |
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