I have loan problem. Currently 2/3 of my salary is paying loans. thinking to turn to akpk for help. if i go to akpk, will i still need to payoff using 2/3 of my salary every month but with lesser interest meaning shorter repayment period? Or i will be paying lesser every month but with longer repayment period? if its longer period, how long usually akpk will plan for me?

Pls advice.

If I go to AKPK, is it a must I take up their plan or I can say no to their plan if I find not suitable? N if the plan is 10yrs duration, can i request it to be shorten by paying more? If it has to be a 10yrs plan n when I have extra cash, can I pay more to make the period shorter?

tq

ok. tq

Went for my counseling today. Not sure if I should continue to enroll. Yes its true the total monthlly repayment has been scale down to half of what I need to pay currently but its a ten years plan and by the end of the ten years, i am actually paying around 30k extra. Would appreciate some advice. tq

about this there's something i am not clear n when i ask the counselor, she doesnt give me a clear answer as well. hope u can help me.

lets say i hv a bank debt of 10k n if i follow AKPK plan, by end of 10 years i be paying total of 13k. say after paying 5 years suddenly i hit lottery and i wan pay off the debt, bank will require me pay 5k or 6.5k?

After the counselling, the counselor gave me a reference number n said I need to key in the reference number into their website within 10 days. After tat when I 1st deposit money to their assigned acc, my program will start.

Does the program actually starts once I keyed in the reference number or I deposit my 1st payment? If is the latter, can I reapply AKPK in future although I keyed the reference number but didnt continue the program by not deposit money?

after enroll akpk, meaning all owned cc cannot use anymore? even the ones not in akpk program?

isnt once enrolled AKPK, all payment will be paid thru AKPK? And I remember the counselor said as long as pay within the month then is ok. But Standard Charted stll sends me statement showing charging me late payments n I still have balance which I should pay. why is this?

i understand enrolling AKPK means all outstanding loans incl cc will need to be incl into the AKPK plan. But if there's no outstanding on the cc then we no need incl into AKPK plan right? Cause AKPK only ask for bank info of those which has outstandings. Does that mean the cc is still active and usable? Or once we start the AKPK plan all bank will get a notice n automatically all cc will be suspended?