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BNM Receives Backlash For Alleged “U-Turn” On No Extra Interest For Car Loan Deferments

The 10th question in the FAQ asks: "Following this announcement by BNM, I feel short-changed. I thought the repayment terms on HP and fixed-rate Islamic financing after the payment deferment period ends are not supposed to change. Will I now lose out from benefitting from the six-month payment holiday?"To which BNM responded, "We sincerely regret any confusion and anxiety that this... Click here to read the full article. Source:

today5 May 2020