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?