hi, i really cannot tahan liao....i wanna pay off everything in one lump sum d......13k left....

i have got a job now, so monthly, i will continue paying rm 100 ...

actually where u guys pay the payments without charges by the banks?

Why so mah fan? I got first class and the loan was converted to scholarships. I borrowed the max amount: RM82,500. You know what? Then, I moved to work in Singapore coz I don't have any obligation to repay the money. PTPTN scholarship has no bond, so you are free to leave the country good eh? much better than any other scholarships.

For those who are studying and taking PTPTN loan, you know what to do. Follow my foot steps and you'll earn big money while studying and working

3% is like house loan....the faster you pay at first, the lower the interest rate that you will be paying after annualized.

1% is like car loan, which if you are paying over >10years, 1% is cheaper.

Eg 50K for 15 years
If 3%, total interest paid will be >12K
If 1%, total interest will be 7500 only
On both occasion assuming you are paying according to the schedule.
For my case, I pay more during the first 4 years, so the interest rate is a whole lot lower, should I change to 1% now. Besides, my loan is just 21K, so can better settle asap without changing plan and going through all the hassles. Bear in mind, if you wanna go oversea after you sign the 1% agreement, you need to tell 3 months upfront.

I'm not here to discourage people to change to 1%, just IMO it doesn't worth the hassles, just me. Fact is, I even encourage my friends to change to 1% as their PTPTN loan amount are huge....

Aren't they suppose to give you the surat pelepasan hutang on the spot? Btw, do they give you rebate if you pay lump sum?

Feel quite sad.

Today I went to EPF to withdraw money from account 2 to PAY BACK PTPTN. However, I am not eligible since it only allow those who signed agreement with PTPTN from year 2001 onwards. Really sad. I signed my agreement in 1999.

Want to pay also cannot pay. Apalah.

I think... u cant even exit from the 1st departure via immigration counter/scanner 

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Added on March 21, 2011, 11:27 pm

My application for conversion from 3% to 1 % --> Approved but still considering 

Under 1% plan, no doubt you appear paying lesser interest, but you will be charging one off admin fees. And, for unknown reason (yet to clarify with PTPTN), the opening balance of unsettled amount is higher, so that makes the 3% plan more attractive and result in lower cash outflow.

Anyone here made the comparison?

not dont wanna pay back, everyone have their own inconvenience to pay back. for my case, i was extended 1 yr, and i had a hard time finding jobs, resulting in my pay is low, and i need transport to go to work. is this fair to blacklist ppl? try to think other alternatives instead of blacklist from going overseas.

ada duit nak pergi overseas, but tak ada duit nak bayar walaupun RM 50 kepada ptptn.

sorry to say but certain ptptn defaulters are quite hypocrite.
those whom butthurt with my statement, it's definitely true.

hi guys....

i want to fill the documents which change my interest rate from 3% to 1%

the problem is....where am i suppose to find "saksi" ?

2nd thing is do i really need to bring my parents (penjamin) to sign the documents so the "saksi" can witness it???