Latest Articles
Moratorium
Ministry Of Finance Confirms No Interest Accrual On Hire Purchase Loans & Fixed Rate Islamic Financing
In an interesting twist of events, Finance Minister Tengku Dato’ Sri Zafrul Abdul Aziz has announced hugely positive […]
Moratorium
Agrobank Will Not Impose Profit Charges On Fixed-Rate Loans For Moratorium
Agrobank will not be imposing additional profit charges on fixed-rate loans during the six-month moratorium period. Agrobank is […]
Moratorium
Finance Minister Asks Banks To Consider Waiving Accrued Interest On Deferred Instalments Under Moratorium
Finance Minister, Tengku Dato’ Sri Zafrul Aziz, has proposed that Malaysian banks consider waiving the accrued interest on […]
Moratorium
Interest May Now Be Charged On Deferred Instalments Of Hire Purchase Loans And Fixed-Rate Islamic Financing Under Moratorium (Updated)
(Update 1/5/2020 12.00pm: Article headline and body has been updated for clarity) (Update 1/5/2020 11.30am: Article has been […]
Moratorium
Licensed Moneylenders And Pawnbrokers Agree To 3-Month Moratorium
The Licensed Money Lenders Association and Malaysia Pawnbrokers Association have agreed to a three-month moratorium to ease the […]
Moratorium
Malaysian Insolvency Department Announces Six-Month Deferment On Bankruptcy Repayments
Bankrupt individuals will see some reprieve as the Malaysian Insolvency Department (MdI) has announced several initiatives to help […]
Moratorium
AEON Credit Service Offers 1-Month Deferment For Loans
AEON Credit Service (M) Berhad has announced that it is offering a one-month deferment for all its loans […]
Moratorium
All Malaysian Banks Have Declared Non-Compounding Interest For Moratorium Loans
In just under a week after Bank Negara Malaysia’s announcement on the 6-month moratorium for individual and SME […]
Moratorium
Citi Malaysia Offers Automatic Moratorium With No Compounded Interest
Citi Malaysia has announced that it will be waiving the compounded interest for conventional loans during the upcoming […]
Moratorium
More Banks Offer Non-Compounding Interest On Loans During Moratorium
More banks have come forward to say that they will not be charging compounding interest on their loans […]
Load More
Most Viewed Articles
Most Viewed Articles
Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
Moratorium Extension: Explaining What Is Rescheduling And Restructuring (R&R) And Other Financial Terms Used In Loan Agreements
From 7 August 2020, Malaysian banks have begun accepting applications from eligible borrowers for the extended moratorium and […]
Public Bank Extended Moratorium: Flexible Arrangements To Reduce Loan Instalments Until End-2021
Public Bank has released the details of its Covid-19 assistance for those who will still be in financial […]
Loan Repayment Assistance Under PEMERKASA+ Is Available For Everyone
The latest spike in Covid-19 cases has led to the declaration of a third movement control order and […]
Get personal finance news in your inbox weekly
Subscribe to our exclusive weekly newsletter and we’ll bring you the week’s highlights of financial news, expert tips, guides, and the latest credit card and e-wallet deals.
Thank you
for subscribing!
Stay tuned for what’s to come next in the personal finance world
