what mean by "automatically" settled

Sorry for using the confusing word.

What I mean is it is settled before my 10-year tenure with akpk. These few banks actually informed akpk that this is settled about 1 to 1.5 years ago.
When I visited the akpk portal, it has the settlement letter avail for me to download.

some bank(s) actually send me a letter saying that there is an over payment.
on AKPK side, I called in to akpk care, they told me just to pay less next coming months (which the akpk portal will show the upcoming payment amount).

another bank actually pay akpk back the overpayment, and i can see the exess payments (extra money), so i pay lesser next round.

hope this clarifies.

Dont think so , as long ur ccriss is clear from all the debts and akpk . The banks that you never owe them before they wont know u have been akpk if i not wrong

In my case different Xperience.....
Bloody some.Bank keep saying no hutang despite calling...They zerorize the account.
MayBank is of them....call...they say no excess payment...Usually got excess payment one....Wait when I free I go AKPK office ...complaint and also cc to Bank Negara.

Another idiot Bank AmBank saying my 1st outstanding difference by 2K...So my 10 year Max AKPK payment cannot not even settle it.
Other Bank difference 1st time outstanding not so much to make and impact on my monthly AKPK repayment.

HSBC surprisingly despite showing Zerorize on my account have some excess balance...so they will refund to my bank instead of AKPK.

HongLeong Personal Loan will refund if got excess.
HongLeong CC Dept is the culpricK....DESPITE SETTLE claiming no excess.
Eon Bank surprisingly send me statement showing excess payment...it stuck there until I apply for refund.

But HongLeong claim...using that Eon Bank excess to settle another HongLeong CC ......really Babi this CreditCard Dept.....will definitely make a report to Bank Negara.

I believe I am the only here MAX out AKPK 10 year repayment scheme.
So more or less...I know what going on here.

Lucky got AKPK portal...if not..I won't know that I have settle some Debt earlier..

Mine ending soon March 2020 for exact 10 year.
Hahaha

But hor...really peace of mind NOT getting the reminder calls for repayment....

I got 9 CC...4PL and 1PF.
Now left until today
3 Bank.....
By Oct
2 Bank

End of Max 10 AKPK repayment
Still cannot settle the 2 Bank

1PF and 1CC
AmBank is an idiot.
Only when I make call about my latest outstanding..then only statement start sending to home.

Calling those Bank AKPK in charge Dept always get different treatment and interview everytime.

This post has been edited by MakNok: Aug 22 2019, 07:36 AM

mmm sound similar dude. I suspect my case would be siimlar situation as after 10-year there are balance which again I personnaly feel that it is not meeting the akpk objective too. at that point of applying with akpk, we submitted latest statement, ccris report etc, now seems like something missing somewhere.
I am trying to ask for detail breakdown from the bank from all 10-year, as based on the repayment amount and period, i have paid more than the outstanding amount.
if just a little bit, i am fine, but this is like thousands, so the gap is big.

let's update each other from time to time, so we all learn and know what is the possible best way to handle this situation.

Hi, just would like to share my experience as Ex-Akpk.

Always check with bank what is the latest outstanding amount, AKPK amount is just the amount that we submitted during enrol, it doesn't reflect the real situation.

Go check with AKPK Portal Online.
Usually some bank will update AKPK Portal directly but will NEVER send you Release Letter.
Maybank and (EonBank)Hong Leong CC done that way.
No worry excess payment will show on AKPK account...it will show there
You just have to pay the difference if you want to pay "update revised monthly payment" from the AKPK website.

The problem is in my case...
MayBank will say no excess which is bullshit lo.
Hong Leong CC say the same thing....

I will have to see AKPK Officer on how to handle the matter...
if not, sure report to BN

RHB CC refund excess....Hong Leong PF refund excess....
Apply for EonBank CC refund but HongLeong claim offset my other CC .....smell bullshit

HSBC although final statement show zero balance...
Chatting with HSBC customer AKPK say got excess ...will refund soon.

Better double...triple check especially on excess balance.

Ya...what you say is true but still in my case only one bank difference by 2k whereas others within range
Usually AKPK will calculate and adjust outstanding balance by extra comfortably.

Then probably need to ask the bank to dig out all the details, normally i will refer CCRIS report on the outstanding amount, then when the amount is reduce till certain amount, then i will call bank collection department to request for early settlement. Hopefully you can resolve this issue with bank. Cheers

This post has been edited by MakNok: Aug 23 2019, 08:12 AM

Thank for the info.
Cheer

r u sure akpk only 10 years max??? mine HSBC start serving from 2010 until now already 10 years . but when call HSBC they still say i have balance 4k plus...wtf...
and say will end on 2032 really shit.... where got 8k loan wanna serve so long

This post has been edited by alexkwlee: Aug 23 2019, 09:39 AM

When is your last payment for akpk that will complete your 10-year journey??

ya.. that is what hsbc told me too on my side (3.6k !!). Seems to be some gaps during the akpk application process, the amount gap is huge. I tried to get the detail records from month 1 till today, but they did not reply me, saying i pay very little monthly. I don't have access online to this account for details since and i don't have any update except ccris report.
When do simple calculate, we paid more than the outstanding amount though. So I suspected that the interest they imposed is much higher than we all expected.

I am going to meet akpk next month for advise and next steps.

This post has been edited by Kiefer: Aug 23 2019, 10:39 AM

i start akpk from jan'2010 on the first 2 years 2010-2011
i need pay rm70/mth
next 2 years 2012-2013 i pay rm100/mth
from 2014 ~ until loan end i pay rm130/mth
from akpk i can see they just charge 8% interest yearly
and my loan amount just RM8621.

wtf... i simulate out using excel i had already over paid...

but call hsbc they said still have 4k plus and end on 2032?? wtf...

they more suck than ah long rite?? call them ask for statement they cant provide since day one until now.

lau eh....

This post has been edited by alexkwlee: Aug 23 2019, 11:28 AM

Yes, it is WAH LAU YEH!! Banks is licensed ah long, they take money from customers suck dry, any late payment all interest comes out.. when we overpaid, try give refund, it take weeks and no interest imposed on them.

Try meet akpk and see what they say. let's update each other so we have knowledge and shared info. I should be meeting akpk officer this Sep or early Oct.

*I did ask hsbc why there is such a huge figures? and why even account number change also did not update bnm nor akpk? they did not answer.

This post has been edited by Kiefer: Aug 23 2019, 01:45 PM

Nope. it depends. I first apply uob credit card, i would say this is the easiest credit card to get, even your ccris clean & shine. After 6 mths, u can start apply other bank cc.

if apply housing loan, pls submit cc application together, higher chance to get approved.

in just 6 months after released from akpk, my mortgage loan approved, 1 premier banking credit card + 2 visa infinite.

can i ask you 1 questions i had eon and hong leong cc card too.
my case is my hong leong cc will be end next mth but eon still have balance. as at portal there still show different 2 banks but now eon already took over by hong leong. my question is when hong leong cc finish pay is it they will divert the hong leong cc payment to eon cc?? or they will issue out release letter for hong leong and i just serve eon cc only mean at akpk the mth payment will be reduce?

If Hong Leong fully paid....ask for refund if got excess and I am sure got excess.
Ask them to inform AKPK immediately...

Coming next next month...you will only pay for Eon Bank.

ok tks

Hi there.
Currently enrolled in AKPK since last year november 2018 with interest 6%.
May i know you guys will save your extra money or use all the extra money to settle the cc one by one?