I second your opinion. Actually if you had a deep trouble in debt. There are only one way which is find more money. Im newly married, for now I got 5 credit card and two personal loan (how much? i will not tell you because if you know you will be faint) . Im an Engineer in KL earn around RM3500. Of course can't cover that debt. So every week I will go to Golf Club to be a caddie. From that money you used to recover back all the credit card debt. Just do that within a half year then you will see the improvement. But I warning you about to be a caddie. You must assume that somebody already put a Tag (Lembu) at your forehead.
If you are work as a profesional you will really annoying to this job. But for your future better sacrifice your ego.

Finally,

I managed to settle all my debts via DMP by AKPK after 6 years. Maintaining monthly repayment for 5 years and another years i chasing banks for my "one last finale payment" to close my account and also for them to provide me the Release Letter.

Now i'm debt free man.. last check on CCRIS system at Bank Negara, so beautiful my report.. no entry at all.. haha. Now CTOS report also will include your CCRIS in they report. Checked CTOS report of mine, so lucky CTOS free of entry of debt..

But weird, CTOS include all my previous addresses, it was never there in the report before.

Anyway.. feel free to reply if you want to know more on this.. i can help to answer based on my experiences dealing with AKPK/Banks only..

My last word when seeing my latest report... "Fuhh......... finally..." (inhale deeply and exhale the longest you can) ....

Peace

Hi All,

I have been with AKPK nearly 3 years now but when I check the outstanding I don't feel like it decreasing so much. Would it be completed within 7 years since my program is for 7 years? anyone have the same experience with me in the early years of the program? kindly advise pls all sifus.

thanks.

mmmm, to be honest I am not sure how it is calculated.  What I knew from bank that they said the bank statement will be not correct as they will need to manually calculate everything.  beats me.

Anyway...what I know is for example.

month 1: paying 2 banks via akpk total rm250 mthly.
Bank A = rm150
Bank B = rm100.

month 11: settled bank A. continue with bank b.  You pay rm100 to akpk for bank B.
If you pay 250 this month, akpk will only pay rm100 to bank b with outstanding rm150 in akpk account.  they wont pay more to that bank.  keep as balance and you can use for next month etc (no need to pay next month and also month after next just pay rm50).

if you want to pay more to the other bank, i think possible to consult/arrange with akpk directly.  Call in to ask first.

i would think best to check ctos/ccris report at least yearly also login to akpk portal to check your akpk account status.

Thanks

yes if can..but now still in progress..still bank need to pay half to developer..but i scared about house..if bank dont want to pay ..

Need to choose on the AKPK portal after you login, i guess. Try contacting them for more info?