QUOTE(mini orchard @ Nov 7 2019, 11:55 AM)
Not only TM line .... ALL telco line.
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Not true.
I am blacklisted by 1 mobile telco for past debts but could get postpaid service from another mobile telco. The former mobile telco gave very poor postpaid mobile broadband speed, so I just stopped using it/auto-cancelled and moved to another much better postpaid mobile telco.
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h0ru5 Your TM debt will only blacklist you from TM services, not the other telcos because other telcos want your money also. Worse come to worse, you can still use prepaid services which are not blacklisted, afaik, because the government encourages cell-phone use by all people.
After sometime, TM will CTOS you if debt still not paid = cannot get bank loans, eg credit cards, car and house loans, bevause you are a bad debtor = high risk of NPL or Non-Performing Loans. If you do not need any credit card and bank loan, no need worry about being CTOS'ed.
TM and banks can only sue you in bankruptcy court if your debt is > RM50k. They like to frighten debtors with lawyer letters about bankruptcy suits = the lawyer office are more like debt collectors/agents or ah longs. .......
http://www.mdi.gov.my/index.php/faqs/bankruptcy.
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P S - The TM bill ballooned probably because of premature termination fees for Unifi plans that are under 2-year contracts.
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This post has been edited by lurkingaround: Nov 7 2019, 03:15 PM