my one... huh... hcbc provided restructured statement.. i really donno how they calculate it.  So confusing.
I asked the akpk and he said ya very confusing.. he said he will connect to the bank's akpk coordinator, yet coming back telling me that that is the amount.. oh fxxx
somemore ask me what is the problem... I told him again, how can that be.. I ask simple question

1. 10 years is the agreed contract that this is to settle my debt.  right??! he said yes
2. why now after 10 years, which i completed and hsbc still have over 5k ?!??!  he can't answer and said this is bank calculation.
3. if bank disagree that 10 year can't pay all and not agree with what akpk proposed as per contract, then the bank should answer back to akpk 10 years ago.  And yet akpk does not know.. how can that be??

I have no choice to meet other akpk consultant at main branch next week which I booked.

BTW, your case, where you raise your complain to?? BNM?? AKPK??  mind to share

10year is not a short journey, try to cut some spending/increase income to settle it fast...else will get stuck cant take any finance to buy car/house, and no credit card as well...

True, no credit card really will help to control spending...now i just keep my credit card as spare, once use it then immediate transfer money to settle it..
now have to be more careful, with current age mid of 30, cant afford to go into AKPK again

Just know that AKPK is one time lifeline..then really have to be smart and wise now already, no chance anymore    ..

i never try to use debit card at oversea, most the time just bringing cash only...

Hope you can settle it soon and get free from this, not an easy time, but is a good experience for us.

Guess the consultant might ask you why you want to drag for more than 10 years since your repayment has been significant reduce compare to beginning  ..

already in the program still can extend another 10 years?? what for?? not will wasting more 10 years interest       

Maknok, did akpk or bank showed you why after 10 years there are still so much balance?

Based on akpk n BNM officer, we should be cleared within the agreed time as planned with akpk.

omg...try check a few things.

1. the opening balance 9-10 years ago when u submit to akpk.  it wld be same or just slightly off.
2. interest. there could be differences between what akpk proposed and what bank has.  it should be same.

based on akpk and bnm told me, if opening balance incorrect.. okay la, but this is 1 case.  just need to drill back all statements back then.
if opening balance SAME but then interest difference or tenure difference, then this is another case.

Based on akpk proposed amount, tenure, interest etc...., the bank has to either:
1. acknowledge back to akpk that is it okay for bank OR keep quite means okay/no rejection.
2. if bank disagree on the proposed interest, amount, tenure by akpk, the bank has to inform/notify/reject this proposal.  Then akpk will have to reconnect to you to review again the dmp plan.

if the bank don't inform akpk, how akpk will act as dmp counselor to help you clear your debt.

My case is where bank does not agree with proposed interest and the tenure, as the amount proposed does not able to clear all in 10 year tenure. 
The process is there, may not be perfect back 9-10 years ago, but that is pretty standard process.  What we all agreed in the agreement is x-year x amount to clear all.  it is an agreement.

Bank may not act according to the process back then, but again it is a process where all has to follow. Else it is a compliance issue.

Let's look at another SAMPLE:
Ah Lien has committed a crime, and sentenced in court by the judge, prison for 10-years !
So Ah Lien served 9 years 364 days and she is so happy that she has 1 more day to go and will be released....BUT, on the day of release, the prison tells her that she has to serve another 2+ years.....WHATTTT...

same right?? If the bank or anyone laugh, then...how....  should Ah Lien continue to be prisoned for x years???
--------------------------------- Sorry... forgot about your questions

How your meet up with Akpk officer?  KL>  I walked in after so many calls with akpk customer service and the bank.

As far as I know...akpk will ask you to refer to akpk dept for that bank for outstanding..
AkPK is just mediator....
KL> yes, akpk is like a "middleman", but DMP, this is not DMP professionally, my view.    We can check with bank, if it is just few hundreds, i think still bearable, it above 5k (like my case), how... 

If you don't mind.....
Do you know your initially outstanding balance ?
If rm23k and pay only rm260....definitely cannot settle within 10 year

KL>  My one is 14k, pay 140.  akpk proposed 0%.. it will be matched as even i pay full 10-year, it is 16,800.  Now my problem is interest. 0% <> 8.5%.  SCREWED.

omg...try check a few things.


KL>  My one is 14k, pay 140[SIZE=7].  akpk proposed 0%.. it will be matched as even i pay full 10-year, it is 16,800.  Now my problem is interest. 0% <> 8.5%.  SCREWED.

Hi, i want to ask if i apply for AKPK, i still able to go oversea? Because i need to travel for work.
And if there anyone having 50k loan and is under AKPK? How much per month you need to pay?

oh, just affect the loan application right?
And currently i'm under a personal loan which i borrow 50k, so when i convert into akpk
is the interest bank charged will included also ?

Not a problem, just increase in commitment, make me hard to save money already,
so i only consider AKPK, the money in my bank account is important than having a credit card on hand xD

My current salary is RM5,500 per month, the personal loan i need to pay RM1.1k every month, house loan 1k, and still got other commitment like family allowance car loan , and some credit card payment, so left the balance only RM500, i still havent deduct for the travelling expenses like petrol those. So, its difficult to survive if continue like that

Is paying different bank even under AKPK program? I thought is like pay to a AKPK account with one repayment amount only xD

yeah, if the repayment is lower down, i think i can manage the house loan without taking EPF 2 money, just the current loan amount and credit card outstanding make my financial so messy.

Bank call isn't friendly at all, voice tone is high and sometime once pick up call they just straight away call your full name without address Mr/Ms, last time i refuse to pick up the call, then they send someone directly to my house and hand me the reminder letter, i guess this is their SOP before they want to take any legal action...

After i enrolled, i still recieve call from bank, then i just say i'm in AKPK already...after that no more call from bank...

True, i think both of us is at the same century/period, during that really very easy to get loan, especially when you have high credit limit, then bank will started to offer you very low interest loan by using the credit limit, i also taken few loan with bank, then use loan to cover loan, until fall into a big deep hole ...

wow Rm2.1k per mth... will it increase on following years or just keep on rm2.1k until end??

If you got excess money just keep it with you and then perform early settlement with bank...sometime bank will give certain amount of discount if you perform early settlement....like my case, i settle the lowest outstanding once i receive my bonus..

As mention from MakNok above, if you pay higher repayment amount, the excess will only sit in AKPK account without any interest...

Will keep the excess money
If my personal loan is dated 18/1/2019, is it i can apply akpk after one year means february 2020 ?