must go through branch
Need advice on repaying PTPTN loan, all ur News and Questions on PTPTN
Need advice on repaying PTPTN loan, all ur News and Questions on PTPTN
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Feb 19 2018, 02:29 PM
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All Stars
11,954 posts Joined: May 2007 |
must go through branch
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Feb 22 2018, 11:06 AM
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Senior Member
2,763 posts Joined: Jan 2010 |
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Feb 22 2018, 11:38 AM
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All Stars
52,874 posts Joined: Jan 2003 |
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Feb 22 2018, 01:16 PM
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Senior Member
1,143 posts Joined: Sep 2008 |
QUOTE(jimbet1337 @ Jan 26 2018, 01:41 AM) Settled my loan back in Nov 2016... but last week I received an sms saying that I still have overpaid & they will return some amount to me. The amount isn't disclosed. Is like that. At least they honest. Refund you the money.Took them that long eh? Mine also took 2-3 years after full settlement. It was a surprise for me. |
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Feb 22 2018, 01:19 PM
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Senior Member
2,391 posts Joined: Sep 2006 |
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Feb 22 2018, 01:20 PM
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Senior Member
1,143 posts Joined: Sep 2008 |
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Mar 5 2018, 10:29 PM
Show posts by this member only | IPv6 | Post
#2667
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All Stars
52,874 posts Joined: Jan 2003 |
For PTPTN, the repayment needs to be cleared by when in order not to scar CCRIS?
Ujrah charge appears on e-statement today but dated March 1st. If Insurance charge didn't clear, will that affect CCRIS too? |
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Mar 6 2018, 12:01 PM
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Newbie
4 posts Joined: Mar 2018 |
hi guys im quite new here. i just wanted to ask . i applied for full amount for my degree,which was 46k. and after second year i unofficially deferred my studies. for a year. and i didnt receive any ptptn money for the remaining sems . when i started my studies back a year later i was sorta able to pay the fees myself. so this was all back in 2013 i think or 2014 i might be wrong. so in my mind i thought i was only required to pay back the first sem money of ptptn. i know it was silly of me to not double check and make sure but den i received email asking me to payback full amount. i went to ptptn office and ask they said i received full amount. is there any hope for me to prove i didnt receive full amount or how to i show them i didnt ? any help would be greatly appreciated
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Mar 6 2018, 04:39 PM
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Junior Member
84 posts Joined: Jun 2017 |
Hello guys...
Last year November I was actually planning to settle my PTPTN by paying full to earn the 20% discount....It would save around RM 8k. ...To have the lumpsum to settle full payment, my father was willing to borrow me the money, but he requested me to calculate is it really worth to earn this 20% discount? However base on my calculation, it is not worth to settle in one time although there is 20% discount.... if say I put the lumpsum money in investment (regardless bank, or UT or others) and pay monthly with 10% discount by using auto-debit....and with 5~6% dividend annually, few years later I could earn more.... Thus I stopped and changed my decision to settle the full payment.... Instead, I am going to go to PTPTN office this week and apply for auto-debit. Would like to know is this a good move? Appreciate for advice... TQ. |
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Mar 6 2018, 06:15 PM
Show posts by this member only | IPv6 | Post
#2670
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Senior Member
2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
QUOTE(yageosamsung @ Mar 6 2018, 04:39 PM) Hello guys... if u are prudent in not using the savings.Last year November I was actually planning to settle my PTPTN by paying full to earn the 20% discount....It would save around RM 8k. ...To have the lumpsum to settle full payment, my father was willing to borrow me the money, but he requested me to calculate is it really worth to earn this 20% discount? However base on my calculation, it is not worth to settle in one time although there is 20% discount.... if say I put the lumpsum money in investment (regardless bank, or UT or others) and pay monthly with 10% discount by using auto-debit....and with 5~6% dividend annually, few years later I could earn more.... Thus I stopped and changed my decision to settle the full payment.... Instead, I am going to go to PTPTN office this week and apply for auto-debit. Would like to know is this a good move? Appreciate for advice... TQ. auto debit is the best way, you can easily beat 20% with 10% discount + investment returns over 15 years |
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Mar 6 2018, 08:04 PM
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Senior Member
833 posts Joined: Sep 2012 From: Earth |
QUOTE(yageosamsung @ Mar 6 2018, 04:39 PM) Hello guys... I was thinking about this too. Does it worth to lump sum to get 20% or do a 10% auto debit.Last year November I was actually planning to settle my PTPTN by paying full to earn the 20% discount....It would save around RM 8k. ...To have the lumpsum to settle full payment, my father was willing to borrow me the money, but he requested me to calculate is it really worth to earn this 20% discount? However base on my calculation, it is not worth to settle in one time although there is 20% discount.... if say I put the lumpsum money in investment (regardless bank, or UT or others) and pay monthly with 10% discount by using auto-debit....and with 5~6% dividend annually, few years later I could earn more.... Thus I stopped and changed my decision to settle the full payment.... Instead, I am going to go to PTPTN office this week and apply for auto-debit. Would like to know is this a good move? Appreciate for advice... TQ. Currently have RM16k debt which can help me to save around RM3.2k only in 20 years. But if I use this RM16k to throw into only FD @ 4% @ 20 years, I may had earn much more than double of RM16k. Anyone have other opinion? |
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Mar 6 2018, 09:13 PM
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Senior Member
4,610 posts Joined: Jun 2007 From: My house |
QUOTE(yageosamsung @ Mar 6 2018, 04:39 PM) Hello guys... PM your PTPTN dataLast year November I was actually planning to settle my PTPTN by paying full to earn the 20% discount....It would save around RM 8k. ...To have the lumpsum to settle full payment, my father was willing to borrow me the money, but he requested me to calculate is it really worth to earn this 20% discount? However base on my calculation, it is not worth to settle in one time although there is 20% discount.... if say I put the lumpsum money in investment (regardless bank, or UT or others) and pay monthly with 10% discount by using auto-debit....and with 5~6% dividend annually, few years later I could earn more.... Thus I stopped and changed my decision to settle the full payment.... Instead, I am going to go to PTPTN office this week and apply for auto-debit. Would like to know is this a good move? Appreciate for advice... TQ. * remaining loan amount * no of yrs to go * loan interest % Then I will try to analyse for you. |
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Mar 7 2018, 08:25 AM
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Senior Member
2,032 posts Joined: Jan 2014 From: Sabah, Malaysia |
I haven't started to pay, but 10% discount for 15 years a 1% is the best
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Mar 7 2018, 07:49 PM
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All Stars
11,954 posts Joined: May 2007 |
QUOTE(DepressedHobo @ Mar 6 2018, 12:01 PM) hi guys im quite new here. i just wanted to ask . i applied for full amount for my degree,which was 46k. and after second year i unofficially deferred my studies. for a year. and i didnt receive any ptptn money for the remaining sems . when i started my studies back a year later i was sorta able to pay the fees myself. so this was all back in 2013 i think or 2014 i might be wrong. so in my mind i thought i was only required to pay back the first sem money of ptptn. i know it was silly of me to not double check and make sure but den i received email asking me to payback full amount. i went to ptptn office and ask they said i received full amount. is there any hope for me to prove i didnt receive full amount or how to i show them i didnt ? any help would be greatly appreciated Back then i believe that the ptptn will bank in the loan to university then after university deduct the amount then only the money will go into ur bank account.u can check with ur university |
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Mar 8 2018, 04:54 PM
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Newbie
4 posts Joined: Mar 2018 |
QUOTE(MNet @ Mar 7 2018, 07:49 PM) Back then i believe that the ptptn will bank in the loan to university then after university deduct the amount then only the money will go into ur bank account. i really appreciate the reply because im at a total lost. knowing money grabbing greedy college , they will definitely say that they already banked in everything to me and its been too long already and there are no records of such. which is really depressing. i just dont wan to end up repaying something i didnt get for in the first place. i would be happy to pay back the 20 k ish i got from ptptn. i was just thinking the only way of proving it is getting my bank statement from years ago and showing it to them that no money was credited into my account. what do u think? im quite desperate at the moment u can check with ur university |
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Mar 8 2018, 05:27 PM
Show posts by this member only | IPv6 | Post
#2676
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All Stars
52,874 posts Joined: Jan 2003 |
QUOTE(DepressedHobo @ Mar 8 2018, 04:54 PM) i really appreciate the reply because im at a total lost. knowing money grabbing greedy college , they will definitely say that they already banked in everything to me and its been too long already and there are no records of such. which is really depressing. i just dont wan to end up repaying something i didnt get for in the first place. i would be happy to pay back the 20 k ish i got from ptptn. i was just thinking the only way of proving it is getting my bank statement from years ago and showing it to them that no money was credited into my account. what do u think? im quite desperate at the moment It's better that you get a record of financial statement from your college/university to support your case in addition to your bank statement.This post has been edited by David83: Mar 8 2018, 05:28 PM |
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Mar 8 2018, 08:39 PM
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All Stars
11,954 posts Joined: May 2007 |
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Mar 9 2018, 10:31 AM
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Senior Member
4,610 posts Joined: Jun 2007 From: My house |
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Mar 9 2018, 10:47 AM
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Senior Member
833 posts Joined: Sep 2012 From: Earth |
QUOTE(plumberly @ Mar 9 2018, 10:31 AM) Can you help me to calculate too?INSURANS: -RM224.73 (31/03/2018) PINJAMAN: RM15,825.25 (31/03/2018) BAKI KESELURUHAN PINJAMAN: 15,600.52 INTEREST: 1% Currently auto-debit RM100 per month 1130 UJRAH: RM13.75 1128 KTP ML PTPTN: RM86.25 1178 DISKAUN 10% - PRINSI: RM10.00 Should I settle it one go? |
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Mar 9 2018, 10:50 AM
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Senior Member
1,028 posts Joined: Jan 2008 From: The Land Below The Wind | Bristolian | Lion City |
I used to have 6k outstanding, hv been paying more every month for a year and reduce to 4k now. I'm thinking if i should use a CC to settle the outstanding 4k and get a 0% balance transfer instead. Anyone did that before? is it doable/advisable?
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