folks, im currently in DMP program about 4 years...still 6 years to go....

Have some questions, if anyone can answer/advise, deeply appreciated.
1. If I've cleared all my debts with banks, and withdraw from the DMP, will there be any cooling period?
as last I've heard that AKPK officer told me that once all facilities has been cleared, require 6 months to cool off then can proceed for loans, apply cc, etc.


Ans : Subject to bank approval. propose not the take loan / CC with same bank.

2. While i'm currently in DMP program, my parents transfer house to my name, will it be any issue or need to take note?

Ans : as long as no deal with loan name transfer should be ok

3. While i'm currently in DMP program, can I apply for housing loan or car loan?

Ans : Nope you cant....

4. Any ways to check the latest outstanding amount and when is the last payment date? It's very time consuming to call banks individually, sometimes unreachable, etc...

folks, im currently in DMP program about 4 years...still 6 years to go....

Have some questions, if anyone can answer/advise, deeply appreciated.
1. If I've cleared all my debts with banks, and withdraw from the DMP, will there be any cooling period?
as last I've heard that AKPK officer told me that once all facilities has been cleared, require 6 months to cool off then can proceed for loans, apply cc, etc.

2. While i'm currently in DMP program, my parents transfer house to my name, will it be any issue or need to take note?

3. While i'm currently in DMP program, can I apply for housing loan or car loan?

4. Any ways to check the latest outstanding amount and when is the last payment date? It's very time consuming to call banks individually, sometimes unreachable, etc...

not sure about cooling period but I managed to get my car loan approved 1 month after I withdrawn. They also supplemented me with credit card as well. Provided your K status in CCRIS is clear. Also depends on bank to bank
I have withdrawn from AKPK in February and self settle all my debts.

Now must spend wisely and kick the habit of over spending. If not back to square ones.

guys, i have done partial settlement but not receive release letter yet. AKPK said if no release letter, I need submit pay the amount shown in system which include the settled banks. If I do pay that amount, will I get the extra payment back later? Who will pay me back? AKPK of bank? How will they be paying me? Direct to my account or by cheque?

depend , if akpk already release money to bank then you have to ask bank to refund you.
if the time akpk release to bank and that account bank already close then your money will be floating in akpk.
in this case next payment you can pay less by own minus out the amount floating in akpk account.

thanks for the info. the floating cash can be use to pay the remaining bank? if more than the monthly payment mean i can skip til the floating cash runs out?

if payment got extra to akpk how they gonna refund to u ? mean the last payment of your loan completed

My citibank loan payment already finish last month but akpk never take out from the account.So this month also i pay as usual.So how i wanna get back my refund ? need to email or call them ?

Bank will inform AKPK when the loan payment is completed ? I email AKPK but they say bank still not inform them.So my monthly payment amount at AKPK still same

Sorry for late reply. Try my best to answer
If got extra, it will be for next payment for other banks. If have cleared all, still have balance i think akpk will refund back.

Try call akpk customer care to ask.
If loan done, bank wiuld provide settlement letter. Not sure what is new process if there is. My time, bank provide release letter i will upload to akpk. Bank will also do their part to update akpk.
Yes, the bank will do it. If u have letter, upload to akpk.

Not sure if this citibank is the last bank you have with akpk. If yes, then no need to pay, but akpk will still send reminder to you.

citibank not the last bank . So i need pay amount as usual although citibank already settle ?

i am having hard time getting a settlement offer from citibank. my state dont have citibank office so i have to call in. but normal agent cannot help me cause under akpk. each time agent try transfer call will disconnect. citibank akpk dept after a month still no call back.

what if i stop paying akpk and let the dmp revert back to normal? then i call in to citibank "normal" agent to get a settlement? will that work?

Based on my experience , just make a complaint via CITIBANK online / Customer service and they would assist you.

Graduated From  Uni AKPK - 08/02/21

Refinance approved -  14/04/21

Hire Purchase approved - yesterday

I think you can pay the usual amount (just to avoid akpk trouble you).  the extra amount akpk pay to citibank, citibank will refund to you.  citi will send you a letter of overpaid amount so you can bring to branch to redeem, but this takes some time to get back.  If i recalled correctly, citi pay me back like 1 month after i get letter to the branch to request refund.  What inconvenience.

i was thinking, if pay less, akpk would not know which bank not to pay in their process even you told them.