G&A Group

Bank Moratorium ends 30/9/2020. What Should You Do?

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Bank moratorium comes to an end on 30 September 2020

[/fusion_text][separator style_type=”none” top_margin=”5″ bottom_margin=”5″ sep_color=”#ffffff” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” class=”” id=””][fusion_text]By now, your company should have spoken to your bank on:

  1. Reschedule monthly payments for paying interest portion.
  2. Restructure term loan to revised term.
  3. Take additional loans

However, for personal loan, moratorium will be extended until 31 December 2020 ONLY apply for Malaysians who have applied to their banks based on reasons below:

  1. Lost their jobs
  2. Pay cuts
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What if no action taken?

[/fusion_text][fusion_text]You will not be protected once this moratorium is over, the safety blanket is off! You could end up with:

  1. Owing lots of interest
  2. Being sued for bankruptcy
  3. Lost your assets under collateral
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For further information:

[/fusion_text][fusion_text]Plan and take action now, contact and speak to Agensi Kaunselling dan Pengurusan Kredit (AKPK). AKPK could give you debt restructuring counselling.[/fusion_text][/fullwidth][fullwidth background_color=”#f6f6f6″ background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”center center” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”solid” padding_top=”50px” padding_bottom=”50px” padding_left=”” padding_right=”” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][imageframe lightbox=”no” lightbox_image=”” style_type=”none” hover_type=”none” bordercolor=”” bordersize=”0px” borderradius=”0″ stylecolor=”” align=”center” link=”” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ hide_on_mobile=”no” class=”” id=””] [/imageframe][separator style_type=”none” top_margin=”15″ bottom_margin=”15″ sep_color=”#ffffff” border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” class=”” id=””][fusion_text]

Founded in 1999, G&A Group is a well-established integrated professional firm, dedicated to provide an effective solution for business planning, accounts, tax, finance, IT and performance management. We have a group of professional and enthusiastic team that embrace a vision to provide quality and reliable services. We look forward to, build a lasting relationship with you.

Please drop us a message at info@ga.com.my or visit our website at www.ga.com.my for more information or further enquiries.

If you need further assistance, please feel free to contact our G&A Group HQ or branch contact personnel:

OUR HOTLINE SERVICE: +6 1700 818 791

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The information provided by G & A Group (“we,” “our”or “us”) on www.ga.com.my (the “Site”) [and our mobile application] is for general informational purposes only. All information on the Site [and our mobile application] is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site [or our mobile application].

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