Some of them already reaching the limit
With his case, it won't be easy to convert, since for bank it is considered high risk(by rejecting they get 18% PA of interest).
Rely on BT won't really solve the root cause. The best way is look for family members to borrow a lump sum of money to settle those bad debts.

if no family members then what? forever in debt? 
not all family members willing to help each other when it come to money.

Have to change lifestyle, that's the only way.
Have to check where can reduce, like our friend is fat, he can always take oats at night. rm13.50 of oat can last for 10-20 days.

i was wondering what he does with his bonus? all my bonus payment will straight go to close debt or reduce debt.

i was wondering what he does with his bonus? all my bonus payment will straight go to close debt or reduce debt.

Poor management only I can say

hey guys,

i'm not sure whether this is the right place to ask..or to tempat merayu..

i need some advice regarding my debt issue and how to manage it ,all this debt i've accumulated because i was having family problems, since a few years ago. 3 months ago my mother passed away.

i started working in this company for almost 4 years as fresh graduates. With starting salary of rm2k, what i can say, thank god, i got increment every 6 month. fast forward middle of last year my salary was revised to 4k from 3.3k,2.9k,2.7k,2.5k and 2k. last jan my salary was 4.3k and now during mid year appraisal on July, i had my increment to 5k basic, and my director promised me to increase more on this january appraisal, provided i'm working hard and subject to all other management approval.

it was just a few months ago that i used up all my saving,pl money,and cc maxed out. that time i dunno what to do, and all i wanted was going back hometown to be with my mother and support my family.. i was about to default all my payments,resign from my company and just balik kampung. i told my boss my situation, he asked me not to resign. he asked me to take unpaid leave, and do whatever i have to do.

fast forward, here i am still working in the company, and thinking how to pay all this debt... and sometimes i fell kinda regret, why i didn't change job much earlier, when all my colleagues who left getting minimum 7k only for 2 years experience. and I've been here for almost 4 years but i'm happy with what i'm doing in this company.

so, the breakdown for now and coming forward, since my father told me not send give him money as nowadays he can manage things with his pension( i still give him btw, just lower)

as far as i remember, i do not have any late payment, and as for cc, normally i will pay more than minimum everymonth.
easyrhb pl = monthly 1028, normally i will pay 1.1 or 1.2k tenure left 51 month with 35k to clear
maybank cc  = 4.5k limit 5k
citibank cc= 4k limit 12
aeon cc = 4k limit 6k
standard chart cc = 197 p.m balance transfer of 6k, still 32 from 36 months
ptptn = 40k left, last year paid 10k,,which i regret why i didn't save the money. now pay only when i have excess money

now my monthly other payment
car persona = 539 - SI still have 70 months to go
motor = 225 - SI - still have 2 years to go.
rental = 250
unifi  = 169 another one year contract left(claimed from office rm50 another 40 from housemate)
allianz insurance = 179  -
gym = 179 contract one year left

misc like top up, etc.. around rm 200
bike fuel, minimum rm25 for 300km..nowadyas i refill once a week, so like rm100 or so
the rest is for my living expenses.
car is only used for balik kampung.. like 4 full tank(rm75) everytime i balik kampung. i had to because i still have my grandmother in hometown.. and i will go on balik kampung every 2 months starting this month.

so, after i paid all of thees, will have around 600 left for my monthly expenses, not including fuel. if i had to go hometown i had to use cc..

and i just paid 500 for this coming raya qurban for my late mother.

oh ya, i forgot to tell, i'm 27 and single working in private sdn bhd SAP Consulting company. now i only have rm1k left as my savings and i use gym and fasting as to reduce my weight since i'm fat. .
i really need some advice as i dunt really know what to do..and i don't want to go akpk too..

wanna get out of debt must really working towards it.. 

Not easy to work it out, talk is easy

of course talk is easy. i'm in debt too two years ago. people who knows me, know my debt.
in 2 years time i managed to settle 10k car loan, 20k PL loan and 25k CC loan. total of 55k.

how do i do it? 

of course talk is easy. i'm in debt too two years ago. people who knows me, know my debt.
in 2 years time i managed to settle 10k car loan, 20k PL loan and 25k CC loan. total of 55k.

how do i do it? 

of course talk is easy. i'm in debt too two years ago. people who knows me, know my debt.
in 2 years time i managed to settle 10k car loan, 20k PL loan and 25k CC loan. total of 55k.

how do i do it? 

2 year can can clear rm55k, so i next 4year can SAVE rm100K investment 

how? tell la.. 

i allocate 2k every month for my debt payment and on top of that 100% of bonus will straight go to debt payment.
it is not rocket science.

  good jobs....  

Didnt spend/waste/buy anyting..

i allocate 2k every month for my debt payment and on top of that 100% of bonus will straight go to debt payment.
it is not rocket science.

so no holiday, trip etc 

How can you even go on a holiday and trip if you are in bad debt? 

so no holiday, trip etc