Quote:
Originally Posted by petegz28
Freezing debt needs to be clarified. Places like banks are "freezing" or as they say deferring payments for 3 months but they are not adding 3 months to the end of your loan. They are expecting 4 months worth of payments come month 4.
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You must have a really shitty bank then. I took advantage of two loan accounts via two banks and interest still accumulates but it isn't that all four months are due on month 4. My loan that was to end next Feb will now end next may.