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 Breaking* BNM say no need to pay loans, for 6 months

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blackamikaze
post Mar 24 2020, 11:23 PM

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I heard they do this because gomen will do full lockdown for 2 months minimum or 6 months the longest. Not sure true or not.
blackamikaze
post Mar 25 2020, 12:08 AM

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QUOTE(marukopi @ Mar 25 2020, 12:06 AM)
If read the BNM statement, Assist borrower affected by COVID-19 Outbreak

if affected, then halt all loan payment for any servicing loan for 6 month automatically
if not, then pay as usual

But, how should bank know i am affected or not?
Still need to be apply right?
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That is the weird thing, if you apply is not automatic anymore. And manual one already announced by bank before this. Somehow this is different than the previous announced by bank.
blackamikaze
post Mar 25 2020, 12:21 PM

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QUOTE(UsopSontorian @ Mar 25 2020, 12:09 PM)
Hi does this include progressive payment as well?
*
same question
blackamikaze
post Mar 26 2020, 10:17 PM

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QUOTE(Rudd @ Mar 26 2020, 05:57 AM)
progressive interest still need to pay, rip.
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Yes, really suck
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