yep, this is what I believe most people are thinking.

they should've come up with scenarios to explain the calculations. makes life so much easier

now they're being swarmed with questions  

Yeah, this is what I want to know. For layman people, what is the effect to the car loan.

my loan payment is scheduled/auto deduct from my saving account every month. how to opt out of this deferment? is there a specific contact email address or website from banks for this? do i have to personally go to bank to opt out? with the roadblock, i can't even reach the bank.

Do I need to apply?
No. All individual and SME loans/financing (excluding credit
cards) that meet the criteria will automatically qualify for the
deferment
still got criteria checking. so not everyone gets it “automatically”

so i should contact the bank if i wanna continue with my loan repayment?

Arrears tu maksudnya apa?

how about auto debit? man its difficult without proper information. BNM should be more proactive

Umm guys, so if I pay RM1000 monthly, then it is now paused for 6 months, do I need to pay more after the moratorium ended?

let's say, i pay RM1000 normally

then 6 months interest accrued on that loan alone

on month 7, my monthly payment will be readjust with the accrued interest + tenure will also be readjusted, right?

so it is now RM1010 something until my new tenure is completed? or is it the same amount, but only tenure is extended?

note: all figures are example, i don't math on this one.

Bnm say hire purchase wajib ambil. But Public bank say optional. Dgr siapa woi

Say your remaining house loan is RM 300,000, 4% interest... the 6 months u defer your payment accrued 2% interest (half a year).. you'll end up with Rm 6,000 interest to be added into your total amount owed.. which is RM 306,000 after 6 months.. then you negotiate with your bank for a new payment term.

With latest info I got, bank will extend your repayment by another 6 month and your monthly instalment will increase to cover the interest. 6k extended to few years e.g 30 years is just 30 ringgit extra per month. But it's still extra for the next 30 years.  Better opt out if you can help it.