if dont go akpk who wan to help ? ah long?

Just want ask you 1 question, you own how much sin?
If you own below 10k then not need go to AKPK if not later u need to pay 20k..

i owe 90k includ pl.below 30k i wont go akpk

This post has been edited by samsungXP: Jul 24 2012, 10:30 PM

WHY??

Because AKPK help the bank to collect back money and extra interest. Dont be stupid....

Previous time, my father own bank 30k then we go there for help. I ask them how much need to pay per month.

They say pay RM 150 ok already, then I ask how long i need to pay 30 years..

Then u count how much they charge us..

Seriously I dont think you understand what AKPK does.

AKPK is to educate you to save your money and solve your dept problem. You cannot run away with your dept. What you use is what you need to pay.

AKPK also help to suppress for any court action and dept hunters. AKPK also will avoid you to get bankrupt.

If you dont go to AKPK, bank will charge you 18% per year for CC interest. AKPK reduce it to 9% per year.

I have like 50k dept with 6 CC, now im on year 3 on AKPK and manage to close 3 CC already.

For example, AKPK instruct to pay them RM650 per month but I also did pay extra RM 200 - RM 300 directly to the bank that I focus for account closure.

So what else do you want. Educate yourself and pay the bank

I totally agree with ptit.. AKPK is some sort like a second chance for you to start over,manage your debt better, have a peace of mind coz no more getting calls from banks..

If you have 30k loan and you enroll in AKPK for 30 years and pay 150/month, it does not mean that you have to service it for 30 years.. You can settle everything maybe less than 10 years. Service akpk's monthly payment, at the same time if got extra money, pay extra to the bank. Just like what ptit did. If you do this constantly every month, sure can settle everything within 10 years maybe less. If you dont have extra money then its ok.. just pay akpk monthly payment. Settle. Dont have to juggle here and there. No headache.

i think u better goto AKPK and understand their process before you post any reply here....

I became guarantor for a car loan under my mother's name. Then, my mother divorce my father and she is now missing in action. The bank auction the car and ask me to pay all the outstanding as i am the guarantor. I went to akpk, fill in the form in june but until now (almost August), there is no reply from AKPK...what does that mean

Just share my knowledge, Is true AKPK help us to reduce the rate from 18% to 9 %.

It actually help alot. But I wanted to ask one question did you try to nego with the bank before?

I have nego with the bank 5 time then the bank offer us no interest and we pay by 3 years or longer. Important you will pay monthly.

What you say this is true "You cannot run away with your dept. What you use is what you need to pay"
No one can run away from here.

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Added on July 26, 2012, 11:24 pmI just sharing my experience and I join the AKPK process for my father. if you all not agree with me
Just ignore me. Thank



This post has been edited by Frankylam: Jul 26 2012, 11:24 PM

jb akpk is very efficient. Less than a month after joining class already got the approval letter. Few years headache gone in just few weeks. Never thought government dept could be that good. Thanks akpk jb..

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Added on July 26, 2012, 11:33 pmjb akpk is very efficient. Less than a month after joining class already got the approval letter. Few years headache gone in just few weeks. Never thought government dept could be that good. Thanks akpk jb..

This post has been edited by mucklampir: Jul 26 2012, 11:33 PM

akpk repayment only 10 years max rite?

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Added on July 27, 2012, 12:07 amafter u meet the counsellor then they will count how much u need to pay monthly.then they will ask u fill in dmp only and within 10 days muz make the 1st payment.juz wan to know the 1st payment amount will be the same amount for the continue month when your application approved?did akpk call u to confirm your dmp online application?

This post has been edited by samsungXP: Jul 27 2012, 12:07 AM

when meeting them, they gave me an estimated monthly commitment. I asked for discount for first 2 years. So they reduced the payment. Right after meeting, immediately i fill in online application form and bank in 1st payment the day after. After that never follow up until on the 20th day after making payment the approval letter reach my doorstep. Payment as per agreed which is the 1st year same as the 1st payment i made before, then gradual increment for 2nd year followed by thereafter. Sekian, mekaseyyy..

but after i went to akpk, they just ask me to fill in some form. They never ask me go fill in online application or go to bank to bank in. it has been almost 2 months now. what can i do? any master here can share. I am just the guarantor for my mother in car loan. the amount less than 20k

i'm not sure they can do for already auctioned case.. if remember correctly if already auctioned they cannot do anything. did u try to call the agent?

the case is the car is sold by the bank already but the amount is still not enough to pay for the car loan. so the bank wants me to pay, as a guarantor, 60% of the outstanding loan. i think it is too much and also i can't afford. that's why i go to akpk, hoping that akpk will negotiate to the bank to reduce the amount i need to pay. but until now no news. i am worried

if im not mistaken, 10 years is minimum. Correct me if im wrong.

nego with bank first, if failed, then go to AKPK, and yes AKPK does help to reduce the interest charge,.

u can go to akpk website to read more of people exp such as below:

http://www.akpk.org.my/learning/success-stories

they (AKPK) nego to the bank to reduce the interestlah. AFAIK, they will no charge u anything. FOC

as sample below:

http://www.akpk.org.my/learning/success-st.../id/47/story-14

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Added on July 30, 2012, 10:04 ammax 10 years

This post has been edited by miloy2k: Jul 30 2012, 10:04 AM

after fill in the DMP online application and make 1st payment then we need to wait how long for the akpk status?can we check the status online?

This post has been edited by samsungXP: Jul 30 2012, 02:33 PM

Hi,

I need advise to settle my debt issue. Currently I have debts as per below

Credit card
HSBC - RM18K
CIMB - RM13K

Personal Loan
OCBC - RM9K
Al-Rajhi - RM18K

Total = RM58k

Could anyone advise whether I can get any rebate or waiver if I able to make full settlement for credit card and personal loan? Please assist me as soonest possible.

Thank you.