I've not done mine yet... Just Citibank itself take 1 month also never knock off from the system. Damn, moreover now I can't upload my partial settlement letter thru portal.. Have to email to them. Wondering how long they need to take to take off my partial settlement amount. Shit!

I think CCRIS matter have to go to BNM to settle.

from my understanding, bank will update BNM very middle of the month. you can try to call and ask them.

Dunno, i'm still waiting for Citibank... After done then i can make another FULL SETTLEMENT on other bank... =)

dun forget ask for discount. how much outstanding?

I don't think OCBC will give discount lar... RM13k+

HLB also no discount....

most no give discount. they want to squeeeeeze every single sen.. hehehe.
i know it is hard earn money, but no choice.

I called OCBC customer service.. After full payment, still have to go to OCBC branch to fill up form for release letter. Can anyone confirm this please?

mean bank in ?

Bank-in or transfer...

you tell them either minimal payment or you will go to AKPK. They want the RM2k to reflect on their collection KPI

Standard SOP. Without AKPK also you need to apply for release letter. Some banks allow for phone. Eg UOB and will email you th softcopy before mailing the hardcopy to you.

Just go to the branch and perform a service request for release letter. Likely they will ask you to either self collect or mail to mailing address.

Citibank can get discount. EG. If owe RM 15k. Tell that you have RM10k commission and intend to settle Citibank as it is biggest. If they cant lower down then you will pay remainder smaller cards instead. It worked for me.

yup. if bankrupt likely cant even get into DMP

Okey thank you for the tips. Will call them again. Recently called them and check the sohai collecting dept fellow keep saying no need to enroll into plan. Just pay how much you can first then when later got money can settle lump sum with discounts of deduction. I asked about interest wont run meh? he said no which I doubt so. Need to call and verify again. Meanwhile im trying to apply for CC so can do BT but the procedure is so complicated. Called affinbank they are asking to fill up form and send email. better if walk in which I cant do because working office hours

btw asking sifu's here will cc be approved with me having outstanding on citibank cc?

utilization and payment record will affect your application.

if u use up like 90% n payment got 1 or 2 months missed payments..most likely reject

wow okeyy then Balance Transfer option is no go for me.

Just to add.

You can still use your credit card.

If you have multiple cards under multiple banks, just settle all balances on one card/bank and put the others under the AKPK problem. Discuss with your officer the options available.

Once you are under the program all CC under the program will be cancelled and you won't be able to apply for new ones or take any new financial commitments.

But the point of AKPK problem is to teach financial prudence. If CC spending is the one getting one person in trouble then best not to have any.

Early lump sump settlement is possible. The amount will be less than your full term settlement due to shorter interest period. But as some already mentioned, your principle amount is non negotiable.

You can also contribute more than your agreed monthly payment at any time. Any extra payment will go towards your final balance for earlier settlement. You can check in with your officer to update your balances.

Again, talk to the APKP officer. They work for you.

I am glad people are taking the APKP option. I see a lot of people getting into debt because of poor financial management. I would recommend it.

DMP?

where to get latest ccris report except BNM?