A layman’s explanation to the loan moratorium on hire purchase loans (because it’s so easy to get ourselves confused also lah!)

Following the announcement made on 1 May 2020 by Prime Minister YAB Tan Sri Muhyiddin Yassin of the Conditional Movement Control Order (CMCO) on 1 May 2020, Bank Negara Malaysia (BNM) also announced that the 6-month moratorium on bank loans will now accrue interest of the course over the deferment period.    To the layman… read more

Covid-19 & mco: with tough financing, muv’s here to help you ease your worries. buy via bidding on muvbid!

One key takeaway that can be observed from the Movement Control Order (MCO) period is that the need for vehicles, evidently, has never changed no matter what the circumstances may be.  The essential errands such as grocery runs, healthcare and such still require a safe and secure mode of transportation. In fact, cars may even… read more

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