Hi guys,

If I am under AKPK.

1. Can I still get the Priority Banking status from any bank if i have > RM300k fixed deposit with the bank?

2. Can i get a credit card by using my existing fixed deposit as security? For oversea travel conveneient only.

While waiting for value added responses,
My wild guess is "YES" for 1 n 2.
Reason being, the bank does not issue new credit or loan to you, thus they hv no risk even though you are under AKPK

Hello everyone...

Don't see much sharing about these 'agents', so just to share on my experience.

Was approached by them for DMP, explaining on standard things like consolidating all the personal loans and credit cards into a 10 year repayment with step-up monthly repayment. For example,
1. Year 1 - Year 2 >> RM1000
2. Year 3 - Year 4 >> RM1500
3. Year 5 - Year 6 >> RM2000
4. Year 7 - Year 10 >> RM2500

The 'agents' will be transparent saying you can personally apply without any charges, but it'll be troublesome to submit documents, meeting with the counsellor, attending counselling sessions and even the interest rates will be high. By using their services, for a sum of 8% - 10%, the process will be more straighforward and with high approval rate.

They do seem legit, with physical office and even can meet them there as to provide you with a sense of security (not just scam money, but not getting the DMP).

However, I was lucky to not went through with them. As the process of applying directly is pretty much hassle free. Approval takes about 7 working days, with the same kind of step-up monthly repayment.

For anyone looking to get DMP, please do not listen to these 'agents' as the process of applying directly is just the same as using their services. They don't 'scam' you, but just making a quick buck out of our financial predicament.

Do not hesitate if there's unmanageable debts. Start early, clear the debts and plan your finances accordingly. Good luck all!

Currently i'm under DMP, 2 CC's and 1 personal loan. I'm planning to clear one of the CC. And continue the DMP. Is that possible ? Anyone has done this ?

Hi, anyone know if we can still add loan into akpk? The red link in faq does not seems to have the option for adding loan, does this mean I need to visit akpk office now?

Hi,

I am about to apply for DMP. If I only want to enroll 2CCs and 1 personal loan debts under AKPK DMP, do I need to provide all credit facilities information on the application form? Since I have Car loan and 2 housing loan which are still manageable.

I just withdraw from AKPK and it was approved. Withdrawal letter also has been issued by AKPK. Do I need to inform the respective bank that I have withdraw from AKPK?

This is not full settlement. Just withdraw and pay directly to the bank case.

Anyone with experience with this please enlighten me

Hi , anyone have tried applying to defer akpk payment?

what happend if default akpk, will it shown in ccris later?
continue pay original installment or how? do you know?

Hi. I want to apply AKPK online but they requested 3 months of payslip or proof of income.

I only have 2 months of payslip as i just started this new job. Previously, i was self employed with a few businesses. All the income went into my current account.

Can i still apply for AKPK and used my december bank statement as the third proof of income?

My worry is that if i failed this time, i need to wait sometime for the cooling period. I tried calling them but only got operator talking