I'm planning to go to AKPK this few weeks time. I got a lot of question to ask them as I'm curious about how they can help those with a lot of debt on their cc.

Anyone got anything ask from AKPK can let me know and I'll asked the Q for you.

I've tried to search AKPK in LYN but no one have a lot of answer about it.

So far, I can think of these few Q to ask them

1) is it true they can help us to consolidate all our debt into a 0% affordable payment? 
Is not 0%. Is depends on the bank to charge. But obviously is lower than 10% p.a.

2) will CTOS learn about this? as you know, once your name in CTOS, its hard to remove it 
If you seek AKPK before your name in CTOS, then you will have no problem on that.

3) would they hold our passport like those declared bankrupt? 
No, they wont hold your passport nor declared you bankrupt.

4) what happen to all our credit card once we accepted AKPK offer? they cancelled it all or just put on hold? if put on hold, the yearly charges still need to pay?
All your credit card will be cancelled off.

5) can we ever apply cc again after AKPK
Yes.

6) how many years can they make the installment payment?
Is depends on how much monthly installement you pay.

7) how much we need to payback to them....is it still 5%?
If you are talking about how much monthly installment. I can say is lower than 5% of all your outstanding credit card amount.

If anyone here have gone to AKPK and know the answer, I would greatly appreciate it. no need for me to waste my leave just to ask them this Q

Nope. The debt cannot be reduce. If your loan is 40K, means you will need to pay 40K. AKPK can only prolong the payment period and reduce the interest. Even if you negotiate with bank, I not sure if there any bank in the world would like to reduce your debt with them.

The bank can actually.I am working with Recovery Dept before.Let say your principal RM30K + interest RM10K.Total RM40k.Anything that above the principal amount is a good proposal.Bank are willing to waive the interest part but you must know how to bargain and propose.I manage to get my customer to get a waiver of more than 200K for his housing loan.The total loan amount is roughly RM1.3Million.Credit card is also the same.It up to the bank to give a waiver or not.

hello there... ^^ would like to let all of you know that if there are questions about AKPK, you can ask me as I work with AKPK... any questions or inquires, I'll try to answer as much as possible... cheers!

Hi. Anyone knows what will happen once we fully settled the debt in AKPK and released from the programme? ANyone knows if those who finish their AKPK can get credit card or loan? I just finished my settlement and need to know whether its possible or not

Dear all,

I settled all my AKPK debts in Jun 2013. I started to apply for credit cards to a few bank, some I never hold their credit cards, and it was still rejected my application? any one know why? I have check my CRISS record, it is clean, and only one home loan I am still serving.....

Some bank even directly decline my application online after click submission? Why is that so hard to apply credit card after AKPK life? Any AKPK officer here to advise?

Any good opinion how to get a credit card after AKPK full settled?

Please advise if any of you working at bank evaluating credit card application. What are the procedures and what can I do to make bank feel good with me? put in fixed deposit?

appreciate any good advices if you have.....

Hi ALL,

1. Anyone here been under AKPK before and managed to get apply new Credit Card or Housing Loan?

2. Any banker here was successful help your client/customers who been under AKPK before to apply credit card/housing?

Please share.
Thanks all.

when join akpk or already exit it, banks consider the person as "high risk" thus Hard or No loans for them