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 Need advice on repaying PTPTN loan, all ur News and Questions on PTPTN

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bigboy
post Sep 29 2011, 10:36 AM

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i dont just understand y many people keep angry and dissatisfied with ptptn.

basic thing here > u already borrow the money n enjoy, so after u graduated, work y its so difficult to pay back??? i think all of u already read n understand all T&C when u sign the agreement, rite?

if u can buy a car, use credit cards, shopping, take personal loan etc, y its so difficult to pay as low as rm50 per month????

at my time, its 4%... ive already settled my PTPTN last year..N got confirmation letter from them

im paying around rm200 per month consistently, will pay more if got bonus smile.gif ..every month i will check the statement n make sure i received official receipt from PTPTN..

no offense, just sharing my story ..now 1%,still difficult to pay?? ;p

This post has been edited by bigboy: Sep 29 2011, 10:41 AM
bigboy
post Sep 29 2011, 10:56 AM

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u can go n check consistenly with PTPTN .. u have to be more active than them ;p

This post has been edited by bigboy: Sep 29 2011, 10:56 AM
bigboy
post Sep 29 2011, 11:16 AM

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QUOTE(hyzam1212 @ Sep 29 2011, 11:06 AM)
I guess you graduated from IPTA rite...I am fully agreed on your statement and if my payment is as low as Rm50, i have no problem to pay it, its same like loan, you pay what you are getting...but for IPTS-graduated like me, a lot to think of with the rising cost of living nowadays and b4, the amount of payment can reach to ten fold of Rm50 within 20+years, that's why I prefer the flexibility in the first place, when you get more pay more
My wife is currently pursuing it with PTPTN, do not lose your hope even though its a only a fraction of it
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everyone got affected with high living cost....
if u cant pay even as low as rm50/month...this thing will burden u coz u will get more commitment in future
lucky PTPTN is not straight as BANK smile.gif
bigboy
post Sep 29 2011, 11:54 AM

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QUOTE(hyzam1212 @ Sep 29 2011, 11:30 AM)
That's is the major reason why people are reluctant to pay it, PTPTN is not strict enough but I'm still consistently paying it for the past six years. But come to think of it, PTPTN created by Government and not a profit driven entity. I presumed the initial 4% interest in the first place was already a known burden to everybody, that's why the reducing interest rate exercise came into place. I hope they can integrate it to the income tax structure to encourage people to pay them, the blacklisted method was a nice move by them though
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even now 1%, people still reluctant and keep arguing.
we must think about our young generation who needs the money, same with us before..
every year PTPTN loan out a lot of money but the return is so bad...

btw,if dun want to pay, convert to scholarship..only if u got 1st class degree.. tongue.gif



 

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