Breaking* BNM say no need to pay loans, for 6 months
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 Mar 25 2020, 06:36 AM
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#1
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Senior Member
1,099 posts Joined: Aug 2005  
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it can be complicated or easy
non complicated meaning ur payment schedule just +6 months take it like a 'sabbatical' in ur payment, no additional interests.. complicated meaning the interests for the 6 months is then apportioned to the remaining terms |
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Mar 25 2020, 07:25 AM
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#2
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Senior Member
1,099 posts Joined: Aug 2005
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ok read few times the bnm notice
1. ccris wont be affect 2. no interests accrued 3. if ur remaining tenure is 12 months, it will be 12 + 6 months 4. can opt out by writing in 5. credit card got separate program happy to be corrected |
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Mar 25 2020, 07:33 AM
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#3
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Senior Member
1,099 posts Joined: Aug 2005
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QUOTE(James1983 @ Mar 25 2020, 07:26 AM) Can opt out, means by default I can just stop paying ya? shud check with ur bank, i think some foreign banks not in the list... like my hsbc   |
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