Hi, a akpk agency called an offered can maintain 1 cc if join with the,. akpk debt acc will be under maybank... will charge 15% service charge...

Looks very unlikely from akpk... Worst could even be a scam to ask for money in advance

some of them not scam, just like ulat tiket... but make sure don't pay them anything before all settled.

There is no agent from akpk. It is a 3rd party which not recognize by akpk.

Becareful ye especially not into scam.

This post has been edited by Kiefer: Feb 21 2022, 05:03 PM

Anyone know if any banks got service to reconsolidate my AKPK DMP into a term loan with lower interest than 7% if I can provide evidence that now my monthly income can sustain the term loan repayment?

Thinking can afford to pay loan >>> Take Loan >>> problem paying loan >>> Go into akpk dmp >>>> thinking can afford to pay loan >>> wanting to get a loan to replace akpk dmp loan repayment arrangement >>> 🤔🤔🤔🤔

Once you are in akpk dmp,... Very highly unlikely to get a new loan approved especially with lower interest rate.

This post has been edited by MUM: Feb 23 2022, 01:26 AM

Just to correct some misinformation or lack of information on the challenges facing AKPK DMP Holders. So far I've seen so much misinformation on what DMP participants can or cannot do that I think it's good to lay this out.

I'm a DMP participant and for the last few weeks I manage to obtain the following "credit facilities" while still under DMP :

1. Credit Card With Hong Leong with RM10k limit, secured under a RM10k FD. I need a credit card to pay my hotel deposits for work.

2. Secured a RM150k home loan for Rumah Selangorku (80% Financing). This one was really a hassle and I was rejected by Maybank and CIMB. I manage to directly talk to the loan officer at one of the Public Bank branch. It wasn't easy I have to admit but there's a few circumstances that made my case more convincing :

i) My net salary for monthly repayment is within their acceptable limit
ii) My DMP payment record is clean
iii) My monthly bank statement shows net cash balance going up, more than the projected repayment

I feel compelled to record this because many sources online said getting any form of credit facilities is 100% impossible while under DMP. I say it's possible but be prepared for the many many extra hurdles you have to overcome. I feel at least for home loan banks may cut more slack when you're a DMP participant because they have a comfortable collateral in case of default.

Now working to cut my DMP tenure short. Manage to double up my monthly contribution to AKPK but my interest increase from 7% to 8%...wonder can negotiate this or not

Hi Folks,
I am DMP user also.
Would like to ask did HLB able to get some waiver or discount if I wanted to settle it earlier ?

Glad that AKPK help me went through the toughest moment of my life and after 3 years right now I have capabilities to settle this . If I have I can overall 20% discount for entire DMP . I will loved to settle it.

Thanks

Bank wont entertain AKPK student IF u can get it do let me know also haha cox i have asked almost all the banks available in malaysia

Yeah I tried...unsecured loan I think impossible dy.

Only managed to get secured Credit card and Home Loan.

Can you share more details on citibank part. I tried to call few time and they said will arrange for a callback but tilll now no callback from thier side yet

they did call back the next day though. but the number i tried to call back would always redirect to the machine again.

How do u request for discount for citibank? I asked but no discounts

err just directly said i wan to do full settlement, what is the final amount after discount.
the amount should be after minus all the future interest.

Thanks I tried to negotiate with them again. For maybank, you just wait for their reply after email only?

yes. i was lucky as all bank (except HSBC, this is a disappointment ) replied within few days saja.

finallly i have cleared all the bank. Thanks for the info anyway. i can see now my akpk portal showing

"Full Settlement -- Request to cancel the DMP as all the facilities under DMP already settled"

so there is no need to do anything can consider all clear and graduated from akpk right?

[quote=January J,Apr 4 2022, 02:23 PM]

Sorry, may I ask do u have the contact number or email for ambank n Hong Leong . Called million times but unable to reach the officer to check settlement. .. TIA

Guys,

Appreciate anyone of you can advise on this...

During my DMP period, I have an ongoing home loan until today and I never default any payment since day 1. After I've graduated from DMP 4 months ago, I try checking my credit score through CTOS and it's in the LOW range. Some say by applying a credit card and make payment promptly will increase the score. However when I try to apply CC, can't get approved. I'm thinking, is it the current home loan affecting the score? If that's the case, I can forget about getting another home loan or car loan until my current home loan settled?