No changes to hire purchase payments, says finance minister

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Whatever amount people have been paying on their purchase loans will remain unchanged after moratorium. FMTNews LoanMoratorium

The amount paid for hire purchase loans prior to the six-month moratorium will remain unchanged, the government says.

This means that whatever amount a person has been repaying the banks for the hire purchase loans prior to the moratorium will remain the same with only the repayment period extended for six months. He said then that the ministry was ready to work with Bank Negara Malaysia and the banking sector to ensure the recommendation can be carried out if the institutions are agreeable.

 

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Ladies n gentlemen, our flip-flop minister.

I am so confused the last week or so... kejab ada... kejab takde... kejab boleh ... kejab tak boleh. Pls do a better job in communicating with the Rakyat. Pls do not do statement without thinking then to pull it back the day after.. pening wei!!!

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