Ya...what you say is true but still in my case only one bank difference by 2k whereas others within range
Usually AKPK will calculate and adjust outstanding balance by extra comfortably.

35. may b i got some luck too. i applied my cc from sales agent, not sure if it helps but earlier i tried to apply online also kena reject straight.

UOB cc - applied from sales agent, just cancelled after i got my VI & premier card
CIMB VI - applied together with HL
hsbc premier - applied together with HL
SC VI - applied from sales agent too after i got rejected from hsbc online application

Hi guys...Have anyone skip 1 payment to AKPK? I’m in a very bad situation this month and have to skip this month......

The payment terms that is stated on the Offer Letter is by 30th of every month but there are months where I paid on 31st or 1st, so I was late for a day or two as my payday is not very on time at times. May I know if it affects anything?

I was not warned or anything, and everything is still looking pretty stable when I checked on the portal but I am just wondering, and a little worried.

Hi guys, I need some advise and help. I had several CC debt around 25k and missed 10 months payment due to jobless and some failed investment. But right now I'm able to do settlement in one time full payment for all the debt. I would like to know can I ask for waive on interest or some other agreement like letter of release from banks?

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

AKPK Consultant just middleman....
Calculation still up to the bank..

i still have 2 debt based on my calculation need more than 10 years.

Reason when i check back.....
Amount by bank as compare to CCRIS report generated at that time differ by 2k.
if follow CCRIS report...should be settle within 10year...

just because amount differ by 2k....need extra months to fully paid.
i did the excel and it correctly point out that i need more than 10 years
the other debt is very low monthly payment....10year definitely cannot settle.
i guess at that time AKPK consultant maybe want to help me , so close one eye and force the other bank to take the offer.

Maybe you should do the calculation on excel and show them.
it is very simple formula.

Bank will always say their calculation is correct and AKPK cannot help you at all.
i intend to drag my repayment more that 10 years for that bank...hahaha with the help of AKPK consultant.

Yup..10 year is long journey...
Lucky got house...request for the monthly epf house every year.

Credit card for time being no need lo.
Happily using debit card....got money only buy..

Buy what you need and not what you want.

AKPK is one time lifeline lo.
There is no way to enrol into AKPK anymore.

So it is better not to have credit card at all.
Even debit card can be use oversea lo.

Just before Chinese New Year this year...
I forgot to inform my debit card bank about me travelling to India.
I use debit card to pay my 1 week hotel stay at about 2k plus ringgit since the hotel no accept my cash USD  ..

So I will stick to debit card from now on.

now i can breathe much better lo.
started 1st with rm2,100 monthly repayment every month..

now left rm410 monthly only.

and now i intend to drag my repayment for AmBank more than 10 year and see if AKPK can help on this issue...hahaha

Alliance bank i might settle asap by next year...if i cannot drag the repayment...

well, have to see akpk consultant on that.

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

yes...you pay to AKPK who then distribute to banks which you have debts.
Example.
Maybank......RM100
RHB.............RM150
Alliance........RM200

total is RM450

Pay AKPK RM450 ...who then do the rest.
Easy right...

No need to deal with any banks anymore.
No more friendly call chasing you for payment.

Bank Call or Visitation definitely very stressful.
But once in AKPK program....AKPK is like magic word which make our debts like Sunshine again.
Yes...If our financial really messup....BIG Time.
AKPK is the ONLY solution to stop the ROT.

I was happily take any loan and new credit cards like no tomorrow.
Yes,...Rock and roll from cards to cards and to loan to loan.

Imagine...
Hong Leong keep calling and offer loan over the phone so easily.
Got multiple personal loan of Hong Leong .
Credit Cards.....RHB....Eon...Ambank....Maybank....CIMB....Standard Chartered...HSBC...MBF....Southern Bank

Imagine under AKPK paying RM2.1k at that time to pay off my debts.

Only Banks which i didn't apply is Public Bank,,,Affin and Kuwait.

Yes, we both trapped in similar fashion.
but if your love one is not healthy....
which also contribute to massive medical bills.....and others unseen expenses.
it will really drain almost everything we had.
had to sell land..assets....as well.

by next year March,
i should have completed my 10 year ONCE in a lifetime program
but then i still have 2 debts which need further restructuring if possible

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

We can pay more than the repayment amount if got excess money ma ?

Hi,

Last Friday I received call from AKPK about their offer to help me manage my financial standing.
At first I wondered how they know my financial standing. Perhaps from BNM.

I have debt due to additional marriage cost (taken personal loan) and life after marriage (credit card). Quite struggling cos of staying in KL, paying alone all expenses including monthly pocket money to wife, study loan, car loan (taken few years before married), health insurances and other expenditure. All of that make me in debt zone.

I have like 3 credit cards at personal loan with total debt around 30k.

At monthly im struggling to pay any of them due to reason above.

Should I accept AKPK? One of most thing i concern about after future house loan that I want to take after my AKPK program ended.
I heard there will be blacklist but only during AKPK period. Will it be difficult to get loan after settle with AKPK?

THanks in advance.

Hi guys, my dad asking to be a guarantor for his loan. He has a shot loplt worth 800k, want to loan 500k from bank.
I want to know if incase business fail then can off set with the shop lot? Need to go through bankruptcy? It will affect my financial score or not?

Hi everyone, I'm not sure whether this is the right place to post it but this is a debt issue but non akpk related.

So anyway, I'm trying to clear out my credit card debts. Last week, I received email from my bank saying that I'm enrolled into auto balance conversion which means they will turn my credit balance into 36 monthly installment at 13% ir.

As I have other commitment, I'm actually interested in following this programme which I think would help me reduce the burden. But I am not sure whether this is a good thing to do? Does anyone did this before? Any advices are appreciated.