Wonder if you still need my advise, didnt finish reading it tho.

I only took RM5k loan. At first the admin fee was RM20/month, if not mistaken for continuously 3 days. Of course, not to mention the admin charges was from very little increased to RM20.00. 2 years ago since i started working, what i did was, when i make the payment, i usually pay a whole lump sum. Say 1 year i am supposed to pay back a total sum of RM1200, instead of paying every month by installment, i pay by a whole lump sum. This also save me a lot of money. Imagining per transaction is RM1, i saved RM11!!!

I was told that for the period that you did not make the repayment, you have to pay extra untill ur payment is up to date. Say ur montly payment is RM100.00. Because u didnt pay for a year, the 2nd year when u started to pay u have to pay RM200.00 for a year and once you have done with your first year payment, you can resume paying RM100 per month as scheduled.

So now my loan still remain RM3k and the interest is below RM10.00.

Anyhow, i respect you. at least u are making the effort to make the repayment. Cheers.

I think u need to get approval from them first. In any event, please do not delay in doing all these. As if possible, you could also get your interest stayed so that you dont have to further incur interest.

I mean since you are going to continue studying, might as well talk to the PTPTN people to see if they can temporarily freeze your account and only re-active the repayment when you graduate. If this can be done, then it wud be able to save up quite a substantial sum for you.

I agree most importantly is remember to settle the loan. This is the only thing that we cud pay back to the society after getting a favour frm them.

I remember mine they immediately charged me without even me getting a job. I just didnt bother to write in. Only started paying back recently and am glad that i only still have ard 3k to pay then gao dim. Tho mine was not a lot only RM5k loan.