Wut? Does this affect those who has been running on direct debit?

Hey, it's not fair to those ppl who have set up direct debit too. Everyone have got their commitment, they have fixed xxx for ptptn repayment, and ptptn accepts it. And now just because country no money, ptptn no money, they can say, oh feck u guys, u guys gotta pay more. WTF?

What's the difference if u have a car loan, and u pay on time every month, u didn miss, u didn pay extra, coz u have plans and committed plans already with ur income. And then suddenly bank say oh this year we dont have money, so u guys must pay according to our new rate. WTF woi.

I'm sorry but this is not how u do things. You dont just put a blanket and say feck the rest. Very poor PR and strategy from ptptn. Altho i do agree that those defaulters or those that does not even pay minimum deserves it.

This post has been edited by briantwj: Dec 6 2018, 05:18 PM

Yea, I think this can still be fine tune. Perhaps something like, it only applies to those who did not pay 3 months in a row or something. But I'm not sure if they are willing to add this new filter / rules. Seems like it's troublesome and also there will be loophole. Like ppl can just pay 1 month, wait for 2 month, then pay on 3rd month.

Hope they can find a win/win situation without affecting ppl who are paying on time and right amount.

do u agree if the government increases the interest rate to 10% for all existing loans to recoup losses and only carry out this new repayment scheme for new loans?

Nope, this is just being unfair to the newer batch. Perhaps punish those who did not pay a single cent back. Make it hard for them to buy cars or properties or wut. Impose the new rule to only them. Every month deduct specific amount. lol

This post has been edited by briantwj: Dec 6 2018, 05:33 PM

good point. But PTPTN and gov would need to show the transparency that they are indeed using tax money to provide ptptn loan, then they / we can proceed to make a case of this.

But if they dont reveal, there's ntg to be done here. Which i think they will not easily reveal. lol