Loan moratorium extension, aid will not affect credit status, says BNM

Ragananthini Vethasalam

Bank Negara says the targeted loan moratorium extension and aid will not affect borrowers' credit score. – The Malaysian Insight file pic, July 29, 2020.

FLEXIBILITIES provided under the targeted extension of the loan moratorium and repayment will not reflect on borrowers’ Central Credit Reference Information System (CCRIS) report, Bank Negara Malaysia (BNM) said today.

The CCRIS report refers to an individual or company’s credit information, which is an important element for approval of financial facilities.

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