Hi, I ve been flowing this thread lately. I am currently under AKPK since June 2014. Almost 7 years without failing to pay monthly DMP due to my previous bad debt management. It taught me to be prudent to manage your spending, valuable lesson.
I am planning to quit AKPK but still have around Rm38k for HSBC and Standrad Chartered around that amount too. Has been paying like 2200 per month. My concern is I am willing to continue pay every RM2200 month until the loan finished even if I quit AKPK. I cant afford to pay like normal monthly payment pre- AKPK. Can I just go and talk with the bank if they could consider rescheduling the loan upon quitting AKPK? I'd rather do this than to wait until 3 yrs. Its really painful to survive solely relying on cash in hands. Anyone ever had this experience before if they have dealt with the bank on the restructuring the loan prior of deciding to quit AKPK?