I dont know why so hard to pay one, you borrow, you pay...you cant get it out from your life what...it will still haunt you in the end unless you settle

It depend on yourself actually, what kind of amount u r willing to pay at this very moment...

For myself i decided to take advantage of the 10% discount for constant repayment and wait and see next year post GE how? I will follow the 1% repayment suggested for now

FYI my loan is almost 42k and the 1% interest within 180 months is around 6k. that sum up to about rm34++ per month. I will stick to that for now

This post has been edited by hyzam1212: Dec 13 2012, 01:47 PM

What I understand from u:

a) if u pay 600/month, the balance on Sept 2013 = 17.2k, discount = 3.44k, exact amount to settle = 13.76k

a) if u pay 100/month, the balance on Sept 2013 = 21.2k, discount = 4.24k, exact amount to settle = 16.96k

U hv more discount but u hv more to settle, am i correct?

Confirmed, but no point to settle it earlier than one year bcos the rebate can only get on the 13th payment subject to constant repayment

No one knows but using epf is considered as a lump sum payment...If u have balance its up to u how to pay

They don't cancel your passport, they just bar u from going overseas

If u had paid b4 but decide to not paying for a while, I think they wont blacklist ur name

In case u are not paying a cent since grad, they will blacklist u straight away and put your name in the newspaper

You need to provide the loan offer number as provided in your letter of offer first page top right

Supposed to...the admin cost will increase based on the last end of the month monthly payment balance

Ive not done it but my thinking is either u settle the balance only or u have to settle full and get the rebate after they vet through ur application...I'm going for the latter seeing they may take the money first b4 distribute

Yeah I know tht...like my case im getting the 10% discount constant pay scheme for a year...the mechanism is u have to pay constantly every month and only can get discount on the 12th month...so the discount is not immediate but in your case maybe u hv a point...try asking them and see