ya lor, today will call them again. adoi

actually not really a good thing. at first it was ok to be in akpk. then after 2 years i kinda stress and depress, i dont have any asset except for depreciating one. and all the excess salary, either pay for debt, or habis just like that coz i feel like fark it..
if i put my mind into paying, probably within another 2.5 years i can settle them all. but then. adoi. i dont want to be in this condifion anymore.
i cant do other things, all i could do now is just savings and pay akpk.

im taking my chances here, using ahlong, converting my almost 100k debt into a property. at least im paying for a property. if this process fails, then i have 100k debt in ahlong pulak and i probably have to run all my life..

This post has been edited by Illusion20: Dec 28 2020, 09:34 AM

wow bro, ah long is really last option, errr i dont think shud go for it.......but i know is like asking a person super serious in pain dont take pain killer. but................really ah long is no joke ,they are more than blood sucker

how many years u already with akpk?

just a reminder,...if you are doing that,...remember to unload the property first before you run; off load to people you don't know of or people you have no love/caring for or unrelated to you...

This post has been edited by yklooi: Dec 28 2020, 10:08 AM

already gone for it lah bro.wish me luck huhu.. need another 1.5 months to settle this process including the property. once settled, then i would be paying only to the banks. if cannot settled, then i have to find bank to loan for at least 70-80k.
at least the banks interest for private worker like me still below the 8% under akpk. in the future, i still can try to get a property..

actually no la, not really ah long, just a funder. but i called it ah long coz the terms in the agreements.. huhu..
3.5 years liao. 6.5 years to go.

no la, as long i working, i should be able to pay. since foreveralone.haiz.
my side income also growing abit. i cant move on since this thing has been dragging me.

any tips for negotiation for early settlement when talk to collection officer?

i got some friends also taking akpk, they keep saying pay debt using akpk is better since no high interest charges like banks, before akpk need pay 1000, but with akpk only pay 300 every month.
coz my friend said bank's interest charges will stop once akpk involved.
i also saw many posts here mentioned, majority the loan period is 5 to 10 years. quite long.

i wonder is bank no interest charges once akpk involved, caused the amount of monthly payment lesser. OR due to the payback period drag to 5,7 or 10 years long, that's why the monthly payment become less.

Thanks!

actually you can think of akpk is like your debt consolidation. the bank still still need to make money. my akpk interest was 8% pa and 10 years plan. cc deb of course higher. but one of my pl is lower than this.
but my mistakes was, i did debt consolidation, balance transfer etc which also rakes up some interest along the way. ppl say gali lubang tutup lubang. in the end, my balance masuk akpk is like, 1/3 just interest. if i knew earlier on, i would just wont do those kind of things, but terus masuk akpk.

with akpk, you pay lesser, at the same time you can build your cashflow back. you can pay partially, like snowballs method too, then quit akpk once you able to maintain the debts on your own directly to the banks.

This post has been edited by Illusion20: Dec 29 2020, 12:19 PM

just now called aeon, the lady terus update akpk and my name were removed, and said by this week will send me settlement letter.

my scb also gone from my akpk. waiting for letters too.
now waiting for my surat.

rhb also.

but then then these are physical letters. have to wait this week end and if tak sampai baru can ask for email copy.
demn so long, i coudnt wait

Congrats bro!

ok , I didnt pay for at least 4-5 years, i think suppose my CC is 10k, last night i found out it compounds with interest now is 25k. so should i pay full to CC and ask discount or akpk to lower down the interest , then act like later 3-4 months i suddenly strike toto or wat ,settle all ?

wah, if like that try nego with the bank. if masuk akpk terus pobably it will take the balance like my case before. email the bank, ask for discount, coz u want to close the account. or ask for discount and convert to term loan.
but i guess you can try ask akpk consultant regarding this.

you mean balance is the latest balance or last time balance?

i got you friend, thanks for explain.
about your case, never too late, just like buying a house, no perfect timing. NOW is always the best timing.

If there anyway to stop the interest charge 1st so that the amount wont keep on increase? its sound crazy owe 10k, then become 25k.

just directly ask for settlement and ask for any discount…
if they got they will tell you directly

wow congratulations bro

once you apply for dmp, they will directly take from banks. so its always your latest balance.

i dont think theres a way, either you pay in full everymonth, or pay minimum amount( which usually your interest will be normal).. even if you convert the balance to term loan, they will still charge interest.
some of the bank, like citibank and hlb, converting my cc to customer term loan ( but under akpk)


thanks bro.


hmm.

i thought whenever you under akpk,your cc will be cancelled. my mbb, aeon, and another one bank they zerorized my account. for other banks, my the cc was converted to PL or term loan. so no more cc.

I have mbb and hsbc under akpk, mbb i can still partially pay via maybank2u as the account still there for me to make payment but hsbc close all my account include current account and online access means no more access . Is there anyway to partially pay my hsbc account? Hsbc is Cc and PL

u can call them to get the detail

well done!!!