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

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SUSkevin23
post Mar 24 2020, 10:33 PM

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No need to pay ur loans for 6 months and no accrued interest whatsoever

Means u pay 3k for ur car now. U can stop paying for 6 months and 6 months later continue paying again

Same goes for housing loan and personal loan

Its automatic blanket moratorium

No u dont have to prove u were affected, because covid affected everybody as there was a 2 week lockdown which affect everyone regardless u are infected or not

And this lockdown might be even extended

So its as simple as that.

Oh credit card not included ya

This post has been edited by kevin23: Mar 24 2020, 10:35 PM
SUSkevin23
post Mar 24 2020, 10:43 PM

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QUOTE(koja6049 @ Mar 24 2020, 10:36 PM)
who says no accrued interest?  rolleyes.gif
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Dont have interest. Plain and simple english in the bnm letter

Moratorium on principal and interest

So stop thinking too much la u all

Simple things become complicated because of idiots who complicate simple stuff


SUSkevin23
post Mar 24 2020, 10:50 PM

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QUOTE(and85rew @ Mar 24 2020, 10:44 PM)
no.3 in the letter states the otherwise
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Profit accrued

This one is for those islamic loan

Conventional loan dont have
SUSkevin23
post Mar 24 2020, 10:51 PM

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QUOTE(dman @ Mar 24 2020, 10:48 PM)
This 6 months moratorium indicates MCO besar kemungkinan akan dipanjangkan?

Its abit out of sense 2 weeks MCO resulted in 6 months moratorium and they announce it now and not on near end of MCO unless there's insider knows MCO will most probably extending.
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Confirm MCO extended

The question is extend by how long

I am expecting at the minimum another 2 weeks
SUSkevin23
post Mar 24 2020, 11:06 PM

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QUOTE(icehart85 @ Mar 24 2020, 11:03 PM)
This should be correct. Banking stocks should tank tmr hahaha
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Go buy public bank

 

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