I currently have a total loan of RM10,000 and am looking for advice on debt consolidation. My monthly income is RM2k, and my CTOS score isn’t very good. I’ve tried applying for personal loans from banks and platforms like BigPay but got rejected.

Are there any reliable agencies or organizations that offer debt consolidation plans for someone in my situation? Any advice would be greatly appreciated!

Is there any alternative to AKPK?

Thanks for all the replies over the past few days. Here’s an update on my current status:
I found out that my total loan is actually RM5k. After selling all assets, I managed to gather RM3k, leaving me with RM2k still outstanding.

Should I ask my company for financial assistance instead? I have a good track record with them,as my previous loan of RM8k has already been fully repaid.

Here are a few points to note:

1.I don’t want to apply for AKPK due to the negative consequences (e.g., being unable to apply for loans or being blacklisted by the bank).

2.Borrowing money from friends or family isn’t an option, as they can’t afford to help.

3.My company doesn’t provide bonuses, so that isn’t an option either. We haven’t received any bonuses for the past two years due to the company being very tight with money.

4.Regarding my earlier mention of buying a new phone or car.It’s just a plan for the future. I’ll only make such purchases if I can afford them, but for now, my focus is on clearing all outstanding debt.

Lastly, I’d like to know where I can get a loan for RM2k aside from my company. I don’t mind a slightly higher interest rate, as I’m committed to repaying the loan.