Be strong to survive... That's life.

I just got words to share... Buy things that u are going to use instantly... Not mean for keep stock... Then u feel enjoying spending money...

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Added on September 9, 2012, 11:44 pmYup, if possible to organize... Balance transfer is an best option.

This post has been edited by techie.opinion: Sep 9 2012, 11:44 PM

Get some family to help you out if you are really too too tight.. Then work on reducing those cards

Those words are for me or for TS?

TS - call up or even better go to the bank, them tell this, stop the interest first, tell them how much you can afford first, tell me you want to pay but at the moment you cant afford the min payment.

Some bank will take time to consider, but mostly will accept, they are bank - in the end they just want their $ back and your money (interest - that has been charge previously).

yes by settling the debt directly to the bank, and ask them to produce a release letter and forward a copy to akpk, they should reduce the monthly payment..

yes they are, my cozen, cc loan up to 20k-40k, instead of paying 1k per month akpk help to restructure the loan/cc debt and reduce to half, rm250-500.

yes can get consultant for free

Guys, which one is better for CC settlement. AKPK or personal loan with 6.88% interest?

Hi all,

I have been with the AKPK DMP program for almost a year now. My company is now applying a corporate credit card from CITIBANK for me. May I know whether I am entitled for corporate or supplementary credit card?

Please advise.

Thanks!

Both also not good idea unless no choice

i ord in akpk dmp a few month.monthly pay rm1200.but this month i got some family problem.so i only able to pay rm600 for this month.so wat can i do?

Is best you call akpk to find out

You can check from http://www.akpk.com.my/p/services.html

Or attend their seminar http://www.akpk.com.my/p/seminar-in-malaysia.html

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Added on September 30, 2012, 11:19 pmI personally not recommend AKPK, that luckily I made this decision few years ago. No regret.

You can learn from Su Cheng's story: http://www.akpk.com.my/p/learning.html

This post has been edited by mylowyat: Sep 30 2012, 11:19 PM

What is the amount? The best option is family or friend with 0% interest (mebbe a nice dinner). If the debt is far too much that it cannot be handled, call the bank straight to see any potential way to settle it. Some would rather turn the CC debt into a term loan then have it go bad.

If else fails, only go to AKPK for advice.

been about 2 years in akpk, still long way to go !

Hi got an issue, n im seek for advice

Recently, i just got approval of my housing loan (which i sign the SnP and letter offer already), and 4 days after that I did a personal loan and get approval as well.

But i when i submit for personal loan i didnt disclose abt my housing loan.

The only thing that i disclosed is my car loan. The reason of non-disclosure is because housing loan will be paid by my parent and they juz borrowg my name to get the loan approval. Dat y i dont feel the need to disclose my housing loan, but later on after i get the approval i dont feel like it is the right thing to do.

(1) Is there any impact on my housing loan?

(2) Will the housing bank withdraw their approval? (since all the credit information will be gather at BNM)

(3) Do i need to inform the personal loan officer and disclose about the housing loan?

(4) Will i receive any lawsuit against the non disclosure item


Since im still in waiting period of 90days before bank release the disbursement to the owner. so im afraid the non-disclosure on personal loan will give impact to my housing loan.

Im also afraid the personal loan officer will get the information of housing loan and question the reliability of information that i provided to them.

I have few debts accumulated to the amount around 40k I think. I fail to pay the debts after I failed in my business few years back, I stop all my payment as well. Any luck?

Bank A : 10k
Bank B : 15k
Bank C : 10K

Now my income is around 1k - 1.5k, can I go AKPK with these debts and income? What should I bring along? Which number should I call? Or should I just go direct the AKPK HQ?

Any advice?

This post has been edited by skydrake: Nov 7 2012, 03:17 PM

if your income after deduct all your expense and the balance left enuff to cover the monthly installment that set by akpk then there is no problem.if not akpk cant help u

thx for replying, will note this down for future references.

Hi all master,

I have few question need to ask, i made the first payment for the DMP on 2.11.12 after done the Online DMP application.
Today just received the letter from AKPK. After go through the letter, few question need all master advise:

1. APKP inform me to make a monthly payment on every 30th of month & first payment need to be make before 30 Nov.
So what happen to my 1st payment on 2.11.12 ? Anyone facing this problem before?


2. the letter doesn't stage the repayment tenure & interest rate then how ?


Thanks

Hello everyone,

Can anyone advise me if I will be eligible for the akpk program?



Debts:

CCs = 30k
PLS = 47k

Total: RM77k

Min payment :RM2.7k (average)

Income : Net salary RM2.7k (I lost my job a few months back. Used to be earning RM4k-6k, but my new employer pays me RM2.7k [after EPF]).


Expenditures:

Rent 500
Insurance 236
Groceries 600
Car loan 511
Mobile 80
Gas 150
Utility bills 100

Total : RM2177


That leaves me with RM523.

I have never missed any min payments before for the past few years but I can now no longer service the loans and CCs monthly repayments.

Enlighten me.

This post has been edited by jameslow884: Nov 13 2012, 10:56 PM

Reduce your mobile bill. Stop the insurance temporary. Sell your car.