QUOTE(call4help @ Jan 12 2010, 08:25 AM)
Hi,
I have a few questions which I do not find them in the previous posts:
1. Say if I have Credit Cards with Bank A, B & C. I have outstanding balance with Bank A & B. Bank C is clean. If I join the AKPK program, can I surrender CC with Bank A & B, and keep the Bank C?
No, once you are under AKPK programme, all your credit card facility will be terminated.
2. If I have Home Loan with Bank D and apply refinancing with Bank E. Bank E has approved my Home Loan but has not release the loan yet as paper works usually take a few months. So I am still paying installment for Bank D. If I join the AKPK program now, will Bank E cancel the Home Loan which they approved earlier?
It will be based on Bank D, Bank E will cancel the loan.
Thanks.
I have a few questions which I do not find them in the previous posts:
1. Say if I have Credit Cards with Bank A, B & C. I have outstanding balance with Bank A & B. Bank C is clean. If I join the AKPK program, can I surrender CC with Bank A & B, and keep the Bank C?
No, once you are under AKPK programme, all your credit card facility will be terminated.
2. If I have Home Loan with Bank D and apply refinancing with Bank E. Bank E has approved my Home Loan but has not release the loan yet as paper works usually take a few months. So I am still paying installment for Bank D. If I join the AKPK program now, will Bank E cancel the Home Loan which they approved earlier?
It will be based on Bank D, Bank E will cancel the loan.
Thanks.
Jan 12 2010, 10:48 AM

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