Good to hear that.
Btw, the loan is from the bank that you had in akpk dmp or a new one that does not know about your akpk history?

my housing loan last time.Not in akpk list.but ccris report never show any account under special attention

Congrats bro! Be wise on your financial yah...! haha

My scenario:
Total owed to 3 banks is RM55,000
Monthly repayment is RM800 (6% interest)
To date (76 months) paid RM60,800
Current Outstanding is RM10,000

Banks still charge interest on top of the 6% interest included in the repayment amount?

credit card information got show in ccris report ?

Googled and found this,
Example: Housing loans, hire purchase, credit cards, personal loans, and overdraft

Includes information on outstanding amount, limits, payment behaviour, arrears and legal status if any.
https://www.google.com/url?sa=t&source=web&...DyAAwWBJT2gNRwz

Guys sharing my DMP journey, back in 2016 my family was hit with financial issues, and I have to used all my savings + CC cash advance to help out. Initially my monthly salary is able to service the monthly commitment, but in 2017 another bomb dropped and I totally lost control of the debt, and I have enrolled with DMP from Sep 2017, managed to clear all CC debt in March-2022.

AKPK restructure my debt (72k CC Debt) as follows
Maybank CC - 10k
CIMB CC - 25k
CITI CC - 30k
UOB CC - 12k
Interest rate 8%, monthly repayment RM1500 for 10 years

I have another housing loan account which is not restructured and I continue to pay as usual.

Thankfully during this period, I'm doing very well in my job and my salary increases gradually from 7k to 15k per month over these 5 years, and I make extra payment into each CC account every month to speed up the repayment.

Every yearly bonus I received, I'll use it to pay one lump sump to clear off 1 CC by contacting bank and ask for full settlement amount.

Settlement Year & Discount
2018 - Maybank CC - Balance at 6k, offered to settle with 1k discount
2019 - CIMBCC - Balance at 15k, offered to settle with 5k discount
2020 - UOB CC - Balance at 9k, offered to settle with 3k discount
2022 - CITI CC - Balance at 22k, offered to settle with 2k discount

So in March 2022 after receiving my yearly bonus, I managed to graduate from AKPK, and after checking my eCCRIS record and make sure all the special attention CC accounts are removed in April 2022, new CC & hired purchased loan are approved without any question asked from banks.

It's been hell of the 5 years for me, but it is also life changing as I learn to be more financial literate. Oh yes, I also meet my gf & got married with her during this period as well.

good to hear that..me clear off all in May 2022 after 10 years.Just get my hire purchase loan approved.decide not to apply any CC from this time being

As long got steady and good career progression, it's not impossible to get out this setback, learn financial planning and discipline from this

Congrats to you! Would like to ask if banks will actually charge additional interest on top of the 8% as set by AKPK?

A standing ovation for you man!

Newbie want to seek opinion

CC outstanding - 500K++ (90% utilization)

monthly income 4k+

Middle age crisis.....

should I go for AKPK or bankruptcy?

Thank you

CC 500k? monthly income 4k? serius la boss? if still can pay montly without issue then no need kot. unless betol2 dah takde cara lain then yes you should.
plus with inflation now everything is expensive. good luck bro.

since 500k is huge amount... if u afford to pay then dun choose AKPK.. otherwise AKPK is ur 2nd choices...

yes.....it is correct.
i still can make repayment on time because of BT facilities....A to B, B to C, C to A etc....endless cycle
i think i may go to AKPK office first.


Not much choices, that's the reason I wanna to ask/seek opinion.

better go AKPK...

Better go for AKPK. Else u will pay endless interest only...

go akpk soonest possible.. the BT is endless. the interest and time put in will get you deeper.

go akpk.. don't get bankrupt as life is not easy with bankupt status in this country.

my akpk 10 years just end.Last month get my hire purchase and cc approved