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

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.

You can print out the ccris report at the AKPK head office,
they have a kiosk there

Hey guy, wanna to know it would affected my job if I apply for AKPK ?
Will it affect my next job ?
I'm currently working in bank industry.

Hi, seeking guidance if anyone experience the same to buy house during AKPK moment
If you could share any branch could offering the housing loan that would be helpful

My initial debt was around rm50k+ and the monthly payment for AKPK was rm750
After 3 yrs monthly payment has reduced to rm330

Now I am getting marry soon and take home pay around rm6000, currently still paying monthly rental for rm900

I was planning if I could fork out monthly additional rm800-rm1300 for property instead of paying rental, that would benefit me in the long run..

It should be less than 15k by now actually, I noticed some rare case where actually the branch manager can provide loan such as car loan etc

That's why I trying to check around

Guys..i just came back from AKPK...talked to the counselor.

Total debt about 120k. Offered on the spot installment 1.5k per month.

For those who are in really bad debts and want to discipline yourself, please go for it.

4 MUST bring things:
IC front and back copy
Latest payslip
Latest CCRIS report(Can print on the spot in the AKPK office)
Latest KWSP Statement(Can print on the spot in the AKPK office)

Support documents:
Latest credit cards/loans statements.

TAKE NOTE that car loans are not applicable in the program. Not sure about house loan though...