dah hutang bayar la gila.. MASA NAK MINTA DULU BUAT MUKA SEPOSEN MACAM PENGEMIS!

Gov adhere to it. By exercising below right

19. Tanpa menjejaskan Fasal 6 Lampiran ini, jika PERBADANAN menyediakan satu skim pembayaran balik berkenaan wang yang kena dibayar oleh PEMINJAM ke atas Keseluruhan Pinjaman Tersebut kepada PERBADANAN selain daripada yang ditetapkan di bawah Fasal 6, PEMINJAM adalah dengan ini memberi persetujuan yang tidak boleh dibatalkan untuk membenarkan PERBADANAN membuat perkiraan dengan sesiapa jua majikan PEMINJAM kemudian nanti supaya pendapatannya dipotong dengan sewajarnya bagi pihak PERBADANAN. PERBADANAN adalah berhak pada bila-bila masa untuk mengubah kadar Upah Pengurusan Pinjaman, cara dan/atau masa bagi pembayaran balik itu dan meminta pembayaran balik dengan serta-merta bagi Keseluruhan Pinjaman Tersebut atau sebanyak mana yang masih belum dibayar menurut budi bicara mutlaknya tanpa memberi apa-apa sebab baginya. PERBADANAN juga berhak pada bila-bila masa untuk meminta mana- mana Agensi Kerajaan Persekutuan atau Negeri termasuk Jabatan Perkhidmatan Awam, Kumpulan Wang Simpanan Pekerja atau Pertubuhan Keselamatan Sosial membayar daripada saguhati persaraan atau caruman PEMINJAM bagi tujuan pelepasan Keseluruhan Pinjaman Tersebut.

This post has been edited by desmond2020: Dec 6 2018, 10:41 AM

nice analogy for those that dont quite understand

i think if the gov decided to take from epf..it will probably affect the dividends later

Whose dividend? Your dividend?
As if they care.

Then the contract should have an increasing clause according to salary.. which there isnt.
Every loan is suposed to be according to black and white document. Else is that piece of paper just toilet paper?

Idk model mana they use bayar loan ikut gaji. Even bank did not do this. If borrower gaji RM 1 juta pun, they still need to pay ask usual.

If you look at the any loan agreement by the bank, there's always a clause where the bank have the right to vary the terms of loans whenever they like.

Also, does car or housing loan charge you 1% interest only? Everyone knows when you take car or housing loan, at least 1/2 of the loan period, you're paying the interest only. Are you willing to pay interest similar to banks for PTPTN? If yes, then I am sure the government will be happy to discuss long repayment period with you.

Let's assume your loan + interest is 32,400 because you agreed to pay 300 for 108 months/9 years. For someone who has salary of 8K and above, I am sure he has worked for at least 5 years. So the amount paid would be 60 X 300 = 18,000. Balance owing to government is probably around 14,400 only. I am sure someone who have 8K salary will have savings more than 14,400 and can easily settle the loan. But why aren't they doing it?

just my assumption..i think as overall because if gov take from epf for so many people i think its gona be a huge sum hence affecting the dividends percentage as a whole affecting other ppl as well.

Maybe you shouldn't have treated it as toilet paper and read the contents of the contact before signing it.

No points.
If RM 1.2k is being enforced, you're going to live in shit condition.
Better life good now and suffer later.

Ok my bad. There really is hidden somewhere in the fineprint.
Good thing i settled my partner's already at 20percent discount.

Nevertheless, i feel this is too abrupt a move. Rm8k is not a lot these days for those with other loans. There should be a grace period with gradual increasing percentage to allow borrowers time to rebalance their commitments.

I thought we need to follow the contract, we signed it, stamped with stamp duty..

To pay with the amount set in the contract on time.

But now its like forcing people to go bankrupt or with no saving each month...

Different people have different commitment in their life, they really should reconsider on this move.

Like one of the forumer mentioned earlier, you are to pay RM 500 per month for car loan then suddenly bank want you to settle it quickly by increasing the amount to RM 1000... its burden to ppl

This post has been edited by wykl: Dec 6 2018, 10:51 AM

guys just read the contract terms and conditions..it clearly stated there they can change it anytime they want without any given reason.

Yes, T&C can be changed anytime when required but with the consent of everyone involved.

The other party also will need to agree on the new T&C and sign again the new contract when required.. not simply change...

All richfag that want to cry over having to pay what they owe, come I gip you solution:

http://www.kwsp.gov.my/portal/en/member/education-withdrawal

I did not take any ptptn loan. Just stating on those who did.
Yes someone has corrected that there is indeed a clause.

I think this clause should be highlighted at point of taking the loan as students being young and gullible at that point in time wouldnt have likely known better.

how about deduct from EPF ACC II straight
easier that way, no need deduct monthly salary
win win

Folks.. if u do have some money sitting around, good time to clear the ptptn loan.
20percent discount and can swipe credit card.

Actually i was quite happy to clear my spouse loan. Saved over rm5k.

they have the right to exercise it and they also the right not to.
dun get me wrong, debt must be re-payed.
but for some, its a huge jump from rm300 to rm1350.
tats a 450% increase!