Loan Moratorium - What, Why, How and For Who?
Nirmala Subramaniam, Manager at the Financial Education Department, Agensi Kaunseling dan Pengurusan Kredit (AKPK)
BFM held its first ever webinar last week where we spoke to Nirmala of AKPK about loan moratoriums.
Amongst the questions that we got into include:
- What is a loan moratorium?
- If I don't opt out, will I end up paying more?
- How does it differ from a car loan to a mortgage?
- What about converting my credit card debt into a term loan, what's the advantage there?
- Will this impact my credit score?
Produced by: Roshan Kanesan
Presented by: Roshan Kanesan
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