Every yearly bonus I received, I'll use it to pay one lump sump to clear off 1 CC by contacting bank and ask for full settlement amount.

Settlement Year & Discount
2018 - Maybank CC - Balance at 6k, offered to settle with 1k discount
2019 - CIMBCC - Balance at 15k, offered to settle with 5k discount
2020 - UOB CC - Balance at 9k, offered to settle with 3k discount
2022 - CITI CC - Balance at 22k, offered to settle with 2k discount

So in March 2022 after receiving my yearly bonus, I managed to graduate from AKPK, and after checking my eCCRIS record and make sure all the special attention CC accounts are removed in April 2022, new CC & hired purchased loan are approved without any question asked from banks.

It's been hell of the 5 years for me, but it is also life changing as I learn to be more financial literate. Oh yes, I also meet my gf & got married with her during this period as well.

Example:

You have 2 loans - Bank A and Bank B, both under AKPK. You want to settle Bank A because its the smallest outstanding between the two. You go to Bank A, ask for full settlement, request for discount. Once paid, get the release letter and submit to AKPK to update your record.

You need to deal directly with the banks and ask for discounts. So you can save more

Hi wacko,

Just tell HLB, this is all you have now for the full and final settlement, take it or leave it.

If they accept then good, if they refuses then forget it now, and try again in other time. Nothing lose

Depends, you need to get the right person to assist you, which must try few times

Coz sometimes that person might have issues on that day so not gonna give you anything
Couldn't agree more

Example:

You have 2 loans - Bank A and Bank B, both under AKPK. You want to settle Bank A because its the smallest outstanding between the two. You go to Bank A, ask for full settlement, request for discount. Once paid, get the release letter and submit to AKPK to update your record.

You need to deal directly with the banks and ask for discounts. So you can save more

Bro, how much discount you manage to get from the bank?

I means in term of % of discount over your original debts ( if pay bank in full installment).

This may help to shed us some light when we nego with our bank.

Hope you can share.

Hello Good People.

I am currently in AKPK program.

For the monthly payment to AKPK do I follow the due date set by AKPK (my case is 30th each month) or I have to follow my credit card payment due date?

I am asking because a bank has been calling me each other day to pay up and even send a reminder letter.

Thank you for your enlightment.

The AKPK has uploaded their offer letter in the system when you are enrolled in their program.

You can look into the left hand side of the portal showing DMP > Letters.

The due date is stated in the letter.

Hi. I have both new loan is around 4 months old. Can this be enrol into AKPK?
I just tried submitted online. not sure if it will success.

guys, im still left about 3 loans (CIMB/Alliance/SC) under AKPK that need to clear, total about 50k-ish...is it worth it to make early settlement with the banks or better with monthly repayment to AKPK?

i recently made my full settlement and in the DMP website, i saw my status = "Full Settlement". Do this means my account with akpk still active? Do i need to do something to withdraw/close the account?

hello, I submitted akpk application, I know it needs 7 days to be approved. Today is already day 4 , is there any hope on my application?

aiyo i count only working days. if includes weekend today is already day 6 lollll. lets hope for good news! finger crossed

Last time mine approved within 6 hours approved.

You may call that officer that served you. Sometime AKPK is waiting for you to make the 1st payment to activate the approved plan.

Please call the officer.

good news I have received email this evening! guess gonna start my discipline road from today. Thank you so much guys!

The application can be submitted online or need to go to their office?
Checking out their website just now but the said portal for new customer only accessible at 9am