as soon as you get all the documents complete, you will receive the letter within 3 weeks (my case in year 2010). You can actually just tell to all the bankers who call you for payment that you already apply AKPK, they will stop calling you. Good luck

You can only apply AKPK if you willing to terminate all your CC. You can put all your debts from cc and personal loans into AKPK program and you just need to do single transfer every month, APKP will help you to do funds allocation.

Is IC number. Your friend need to key in IC number while pay through Maybank.

1) Once you clear your AKPK, please go to all the bank and request for released letter i.e. if your personal loan and CC is from 3 different banks, you need to walk into the bank and check your payment, and ask for released letter immediately (or email/post to you)
2) Go to Bank Negara print your statement, and bring all the released letter to meet any officer who are on duty;
3) Request them to removed your name.

If you willing to spend some time to do walk in and print statement and visit bank negara, your name can be removed within 2 weeks.

make sure your name is clear then only you apply for loan.

My housing loan rejected last July even I settled my AKPK in Oct 2012, as HSBC forgot to removed my name from their system! I called to AKPK made complaint, and they asked me to talk to bank by myself because from their system my case is CLOSED.

Good luck.

This post has been edited by jbanya: Feb 19 2014, 02:26 PM

all your credit card statement, your current employers letter, payslip (documents that proof you are having stable job & income). They will work out a proposal to banks and they usually try to negotiate 9% p.a. (instead of 18% p.a.)

If big amount (up to RM50k in total) can be negotiate to less than that. I got 9% and 3 yrs plan in RM35k debts and my friend RM56k got 7.5%

as long as proposal approved, you need to pay the first installment and then take the bank in slip to them.

earlier settlement hv discount, but you hv to talk to the bank yourself. I able to settle all within 20months, direct liaise with bank.

I don't know, but I print from Bank negara. thanks, hope you can back to "debt's free life" asap.

No, they wont check your spouse status. is purely for the applicant.