This plan allows customers to convert their outstanding credit card balance into a term loan with the option to opt-in for a 36-month instalment plan at an effective interest rate of 13%p.
It's second-highest in Asia after South Korea but trails several high-income countries that exceed the 100% level, such as Australia, Switzerland, Denmark, Norway and Canada.
Sebaliknya lebih kepada lanjutan bantuan pinjaman bank bersasar pkp 3.
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However, the Covid-19 pandemic is the type of event that changes the probability of default for all borrowers simultaneously! Customers can also contact the Bank if they would like the moratorium to be activated within the same month.
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