Fuck this is confusing, i though the simpler explanation is you delay 6 month pay. That means if your loan is meant to end in January 2030 it should now end July 2030.
Isnt this right?
Breaking* BNM say no need to pay loans, for 6 months
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 Mar 25 2020, 12:34 AM
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Mar 25 2020, 04:04 PM
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QUOTE(J1g54w @ Mar 25 2020, 03:39 PM) It's not exactly no need to pay loans for 6 months. If like this I understand, but they say got accrual interest. So what is that about?It's just loan repayments being postponed for 6 months. If you're financing for 5 years, you still have to pay for 5 years, only paused now and continue after the relief period.  |
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