sure you can do it as long as you don't further spend on some unnecessary things or gadget.. i have been gone thru that stage without any saving to just repay all the cc debt at around >RM25k in just a year.. now i'm free from cc debt and my saving is growing
all you have to do is just that what other mentioned, forget all the luxury things or gadgets until you clear off all your cc debt 1st...

25k in a just a year!! whooo that's awesome. i'll keep that in mind.

yes.. i just use all the money that i left from my salary after deduct other expenses to repay it.. thru out the year, i got 0 saving...

is there a way that AKPK can allowed us used our EPF money to pay off all our debt? Anybody can clarify and answer this?

No. This is not possible

i got about 10K cc debt. Been thinking to do the same things start this month salary. Already do planning in excel. Should be clear in April i hope so.

hi guys, im looking for this reply too, anyone know the answer... ?

The answer is no

As long as you don't spend on all those unnecessary stuffs... sure you can do.. just suffer for few months.. then you can start again with a new life...

If u have a house, u can use EPF money to pay for the house monthly payments. The money saved from house payments can be channeled to other loans.

Hi, i've forfeited on paying my credit card for almost a year now. Surely the bank will send letter ask me to go to court but I've never received it since the address I used was the house that I rented two years ago.

Am I still applicable to receive help from them? For all I know, I haven't been 'served' by the bank yet (where they have to deliver letter asking me to go to court)

only epf acc 2 can pay house.acc 1 need wait 55 years old

When you go them, they will advice you to start everything that need to pay with proper restructuring. It all depend on your case as well. As long as you have income to cover your debt, for sure they will help

it's because they say that they will not entertain those whose bankcrupt or have court case pending. that is what i'm wondering...

so what is the smartest way to do this? go straight to their office? or call the helpline first?

Is always good to call first. Of course if there is already court case, then they cant help. For cc, this depend on the amount you owe. If is really a lot then mostly is legal case. It is a court case also if you did not receive the letter from the lawyer office

Wah, just ignore ah? Wait until you receive the statement and see how much hutang have you pile up.

just receive 1 release letter from ambank...my ambank cc full amount was 10k...but since want to pay lump sum...they reduce it and just need to pay 5k....no question ask i paid 5k....but now still have 4 cc + 1 personal loan to go....need to start back saving and close at least 1-2 cc this year....thanks akpk....now i can restructure my life...

Dear all bros,

(under DMP programme)

1) What is the longest period can AKPK give us for minimal repayment?

2) Can we pay lumsum to AKPK once we have the sufficient money? Can they calculate the interest again, if we pay lumsum, can pay lower amount?

3) How long will the senior consultant attend if you go for the briefing? I heard it is 1~2 months?

4) Anything you can share about AKPK.

Thanks in advance.

Seem like AKPK is extend arm of Bank to get new business.

Here how it works

1. You must be eligible for them to help
2. You must owe big sum
3. You will be a new customer (paying high interest) for another bank (or the same bank)

Well, the good thing is
1. At least you feel better
2. At least you have a plan for way out
3. At least they allow you to merge/consolidate and pay over next 10 years or so.

You seriously have no idea what is AKPK but sprout nonsence here, are you?!