Guys wana know submit ady under status bld means all current credit card will b cancel automatically?

Once ur submission ady approved, by default yes. All cancelled. But i never try and use it before la.

Yes

Hello, I hv a total of 112k debt of PL and 4 CC.
Previously managed to paid full statement monthly but very tight. PL 1.5k. I’m thinking wanna surrender to AKPK so that I can breathe a bit. If can get 1k p.m i am grateful already

5% of 112k u can get 300-600 depends on ur apetite but step up will involved.

I.e 3years 300 then 3years 600 then 3 years 900

Only credit card that u register for the akpk.

whats the diff between direct akpk and those bank agencies offering dmp?
i kindof have some outstanding but manageable because those are 0% installment thingy on cc.
and small PL @ 8.5%

but recently those agent keep reaching out to me.
well kindof intrigued with 'lowering' monthly commitment.
plus telling that the rate would be lower 2% somthing. (could be good compared to that 8.5% right?)

i never really ask for more. because not needed at the moment

anyone can analyze this scenario?

Bank agencies dmp are just another PL.

They will take 12 - 25% commision. E.g ur new PL 200k they take anywhere from 24k to 50k.

Tink it urself..really worth to have extra 50k (and 50k in interest) just to lower ur current repayment from 1k maybe to 600. Essentially u iust sacrifize ur future money.

Go for akpk which is genuine and really save u.

Of course cannot apply pl, cc n housing loan during tat time seems like bad but if ur financial shit d n u need to save urself why worry about those?

Dont get sked by ppl telling u bank gonna blacklist u if u take akpk. U r saving urself.

ahh i see. so those agencies is not really DMP. i see thanks for make it clear.