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Breaking* BNM say no need to pay loans, for 6 months
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SUSkevin23
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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
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SUSkevin23
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Mar 24 2020, 10:43 PM
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QUOTE(koja6049 @ Mar 24 2020, 10:36 PM) who says no accrued interest?  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
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SUSkevin23
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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 Profit accrued This one is for those islamic loan Conventional loan dont have
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SUSkevin23
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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. Confirm MCO extended The question is extend by how long I am expecting at the minimum another 2 weeks
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SUSkevin23
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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 Go buy public bank
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