So I have outstanding credit card around RM7K+ .Applied for balance conversion,yet barely able to survive after pay the monthly payment.

Other than credit card, I also have other bnpl payment. Spaylater, boost payflex. And also postpaid monthly payment around RM250 per month.

The worst decision is using the cc to paid for the postpaid payment. Now cc is unable to use due to max limit.

So I am thinking about going to akpk program.

My questions are
1. What will happen to my credit card after the akpk program completed? Can I still use it?
2. How long I will under ccris record?
3. If I have bnpl, like boost payflex and shopee paylater, will it be likely be frozen?

https://forum.lowyat.net/topic/876712

i think ur amount total amount owe is less than 20k, just try to work it out to repay, like doing part time or something..

your amount is too small for AKPK, this AKPK program can only use once in a lifetime, so unless it is absolutely necessary.

As for what are the limitations after AKPK program you may refer to other AKPK thread.

You,'re a lowyat member since 2010.

During the 15 years, many stories were posted similar to your problems and U didn't read and still spending future money ?

not sure how much you earning, your commitment, and total debt you are owing. cant comment much.

only thing is cut down expenses, try to clear your debts.

perhaps it's the famous...
happens to others but not me...
one only pays attention when it happens to oneself...

Once you apply AKPk you will not be able to apply loans in the near future, even after you have fully paid of your outstanding loans, cc. Then the banks you have AKPk with will internally and permanently blacklist you from any future loans.
So you might want to reconsider applying for AKPk. Maybe try to talk to your banks about restructuring your existing loans first. Good luck.

This post has been edited by TOMEI-R: Aug 20 2025, 07:38 AM

just ask the cc convert to loan -- end story, u pay fixed, and no longer use the cc, and flat rate of interest. bank sure don't like it but still accept.

This is totally fake and false statement.

This post has been edited by party: Aug 20 2025, 08:06 AM

I think your debt is small.amount. just kerje grab or lalamove or any other part time for 3-5 months can settle edi lo

https://forum.lowyat.net/index.php?showtopic=4850765&hl=

Looking at your posts history. You have been asking for personal loans since 2019 and have a habit of spending money on gadgets and electronics and even buying amps for your Bezza. Your current salary is 2k and as a video editor.

OP you did this to yourself

Even months ago you went and upgraded your car speaker?

This post has been edited by Avangelice: Aug 20 2025, 09:17 AM

"postpaid monthly payment around RM250 per month"

why so expensive?

my telco (prepaid), monthly rm30 = 60gb data, unlimited call.

TS most likely took a phone + plan

must be god phone + plan..
i never sign up such plan and bonded with contract

Typical X type spending habbit with personal loans & BNPL pattern. But at least one good thing is you face the reality on repaying.

Anyway, RM7K is not much, guess u split into 12 months which around RM600 per month + ur other monthly commitment... Get more part time, work harded, sacrifies your a bit of sleep for a short period, can overcome d.

RM 7k is not that much.. If u say RM 50k and above then different story

sell all the unnecessary and valuable stuff, etc iphone and reduce monthly commitment. 7k can borrow personal loan to settle maybe take up above 12mths instalment

another good thing is discovered and realized earlier.. not too late!

Currently I’m an AKPK subscriber, so I’ll answer your questions based on my own situation with AKPK. Your amount seems quite low, so I don’t think you can masuk AKPK — I had 7 credit cards with max limits of 20k each, sampai rasa nak mati last time when I lost my job during the pandemic. So here goes:

1. What will happen to my credit card after the AKPK program is completed? Can I still use it?
Nope, once you put your credit card under AKPK, that card is permanently unusable. I suggest keeping at least one card for emergency use — just pay the minimum until the highest interest card is cleared, then snowball the payments until it’s fully settled.

2. How long will I be under CCRIS record?
Your CCRIS stays clean, but you cannot apply for new loans until you’ve fully completed AKPK (all debts settled). If you quit halfway, then your CCRIS record will show bad because of outstanding debts.

3. If I have BNPL like Boost PayFlex or Shopee PayLater, will they be frozen?
These don’t fall under AKPK since they’re not regulated by Bank Negara — only bank facilities are included. So you can continue using them as usual.

hope answer your questions.

AKPK as a last resort.

For now can start selling your gadgets. Put all salary/bonus you have into the debt. Ask your family for some help. KWSP flexible account can withdraw. Do GRAB or lalamove.

Once debt is cleared, take a pair of scissors. Cut all credit cards you have. And only spend what you have using your debit card.

Good luck!