There is this question on application form :

Have you signed a promissory note or an acknowledgement of indebtedness for which the amount pledged has not been paid?

Do I state that I am enrolled for AKPK? FYI just enrolled AKPK so system at the respective banks may indicate normal minimum payment not covered (since akpk installment amount smaller)..

I am very worried to go for interview. Headhunter forwarded my CV to employer and the bank is interested to interview me; date has been set dy..

same here, i got a call from AKPK, makes me think that alot of ppl doesnt know of them and quite a high number of ppl are high in debt so they're making calls to assist on that.

I rejected them tho

Hi All ,

I need your advise ..

I from AKPK ..my debt around 13K now.. but now i want buy house but still in akpk..can i cancel with akpk and pay monthly to the bank with amount every month ,,without using akpk now...not full amount la but i can pay above minimum payment monthly until settle...because my application to buy house now always rejected

just wondering if anyone has the same experience with me in which AKPK pay late to all banks and banks are still calling/sms for overdue. what should I do? anyone have this issue before?

Is a dmp participant able to open bank accounts?

Can I consolidate my cc, hp, and pl with akpk and continue my house loan as normal with my current financing?

What about

Sdn Bhd
Sole Prop
Persatuan

My question is not related to AKPK but more into personal debt issue/ financial management.

Monthly income: rm6000
Rental income, house 1: rm1300
Rental income, house 2: rm880
Rental income, house 3: rm750

TOTAL INCOME: RM8930

Monthly commitment:

Savings: RM250
PTPTN: rm250
House rental: rm700
Utilities, unifi, postpaid: rm500
Car loan: rm416
Mom: rm300
Wife: 400
Petrol and toll: rm500
Personal loan: rm1190
Kindergarten (daughter): rm200
Groceries, food, etc: rm1300
House 1 monthly instalment and maintenance: RM1392
House 2 monthly instalment and maintenance: RM843
House 3 monthly instalment and maintenance: RM590

TOTAL COMMITMENT: RM8831

Aside from this, I also have credit card debt around RM10k.

I seek your advice on this. I needed cash around 12k quite urgently which I couldn’t afford from my saving account. I borrowed 12k from my parents and I am currently figure out the best way to pay them back. I have 3 plans which I myself not really sure whether they are the best option out there. 
Option 1.
Make another personal loan, rm12k in 10 years with 3.95 interest (government). That will cost me approx. additional RM150 in my monthly commitment.

Option 2.
Refinance the 3rd house. I bought it for rm88k, 4 years ago and the mv is rm155k. I have zero knowledge on refinance a housing loan but the idea is to have a sum of cash which can settle off rm12k loan from my parents, the rm10k credit card debt and PTPTN. Some of the commitment may gone but I got to pay higher amount for the house.

Option 3.
Sell the 3rd house for rm160-170k. Get cash, pay parents, credit card and PTPTN. The house will be gone.

Please advice me whatever you think might work to better consolidate my debts. Thanks in advance.

Hi,

I have been receiving calls from someone who claims to be AKPK, he said that he is able to offer lower interest rate compare to if I walk-in to AKPK. Beside that, I can also get to retain 1 CC.

How true are these? Are the AKPK agents genuine?

Thanks. Went to akpk office few days back but forgot to ask this. Is there any possibility our application for DMP get rejected?

Thanks Kiefer. I transferred cc balance from all cards to one, even from my wife's card to mine. So that only one bank involved with akpk. Im just scared if they find it as an issue if they review my cc statement.

And that card is now few ringgit only to limit after all the transfers. That shouldnt be a problem right?

Hi guys. Asking on behalf of my cousin brother. He is the working husband. The wife is the stay at home mom. The debts are mostly under the wife's name. If my cousin wishes to seek akpk and bear all debts under his name.. Does that work?

I have submitted my exit request to AKPK.

Really out of no choice and I hope this will be the last loan I ever had.

Actually thanks to AKPK, which helped me a lot earlier..

I just received the withdrawal confirmation letter from AKPK. Hope everything goes well to apply one loan to settle off the money lender..

Well, next year will be a good start to refresh my financial from negative to positive..

To the people who are in debt or going to be, having too many fancy item or food using future money, in the end you will be suffer.

I'm currently enrol with AKPK DMP. 1 PL & 1 CC @ Citibank, 2 CC Standard Chartered & 1 PL @ RHB. Since I need to buy a car now, and after print my CCRIS report and all stated under AKPK. So can I deal directly with the bank who in debt to pay the agreed amount monthly (as same as monthly AKPK payment) and withdraw myself from AKPK program so that I can easily to get loan approved?

Can someone who is under AKPK applies for Corporate Credit Card?

If i want to check my debt balance, should i check with akpk or with bank?... coz looking at bank statement, looks like they are charging interest as normal... Am planning to do settlement for some of the banks...do banks give some sort of rebate for early settlement?

If one is under AKPK, there is no way to apply loan for car purchase?

Hi, if I’m under the AKPK program. Can I sign a housing S&P but without applying any housing loan from bank?

I'm curious about this too. Anyone can elaborate on this?

ive emailed akpk and get reply with list of contact no of akpk coordinator for all banks... Called those no to ask my current balance, and i was given the amount as in my monthly statement...so, i have to go to all banks hq to nego more for full settlement?

I read this clause in the T&C:
The Bank process all completed applications within fifteen (15) working days
(provided the applicant does not have any blacklisted record)

So the bank will still check my credit score?

Oh really? You applied the card after you have engaged AKPK?
But the card is not limited to business usage right?

Thanks, that gives me hope.