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Do What Your AKPK DMP Credit Counselor Says April 23, 2009

Posted by Vedis in : Debt Management Plan , trackback

Hi,

I have to say thank you to you. Thanks to your blog, I am currently “on my way” to join the DMP.

Good to hear that you are on your way now. :-)

I heard about AKPK before but just like anyone else who doesn’t know much about AKPK’s function, I just ignored it until I found your blog which totally changed my whole mind and even my miserable life of being so many debts surround me..!!

You know, before I applied to AKPK’s debt management program, I tried to find if any blogger was in this program. None.

All blogs and websites that I came across were introducing what AKPK stood for, when it was established and why you should enroll in the program.

It’s different now. You can find more and more bloggers who are really in AKPK DMP these days.

I have attended the taklimat session and had meet up the counsellor as well, and my husband too agreed to join the DMP since we are now terribly “drowned” in credit cards and personal loans debts!

Good that you hubby joined you. This means both of you will stop the bleeding together. Imagine if your loved one doesn’t want to get involved and he keeps adding new debt!

But one question, since I will only submit my application at the end of this month (I only need to pay around RM1k at the end of this month instead of RM6k per month), do I need to make any monthly repayment like I used to during my processing?

You mean you submit the application form and the repayment of $1,000 at one time? Oh, this is different from mine. Maybe AKPK has changed their policy a bit.

You see, when I submitted my application in August 2008, I was not asked to make any payment first. I only made the first payment in October when my application was approved.

If they accept your application and first payment at the same time, I feel that your application may be approved.

If you are not eligible, AKPK won’t even give out the application form.

As the consellor told me that starting from the day I submit my applications (which means at the end of this month) , I no need to pay my debts anymore.. is that so? Please comment. Thanks.

If your credit counselor said so, trust him. Once you submit your application form, I tell you, it’s like having a shield or talisman protecting you. :)

AKPK is on your side. No banks dare to do anything to you. They are not supposed to call you anymore! It’s true. So, it’s up to you – let the phones keep ringing or tell them that your application is under process.

There are mean banks that will threaten you that they will send third party collection agencies to collect the outstanding balance. No panic! Just tell them that you have already made your first payment to AKPK if you have done so.

After you have submitted your application form and first payment, you will still get a lot of phone calls from banks. Some think that you are gullible and threaten that you are at legal stage and you’d better make your payment or they will send you to court. Wuahaha…

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Comments

1. going-to-be-free-from-debt-soon - April 28, 2009

Hello,

Its me again. thanks on your kind reply. Yeah its true, before i joined the AKPK, me too tried to browse over the net on any comments or any recommendations on DMP, but as you said, none.

I’ve submitted my form yesterday, together with the first payment and the counsellor said i can start to cut off all of my cards, no worries! So now what i have to do is, just waiting for their Letter of Offer approx in 2-3 weeks time. And since the AKPK HQ is only few minutes of walking distance, it shouldnt be any problem for me to just drop off and sign the Letter of Offer which i will not be hesitate to do so.

I can see how much relieved my husband was when the counsellor gave us the promised that our application is already 90% approved (since he is the one who manage all of the repayment every month). Actually my debts are much more than my husband’s, and im lucky to have him who can listen, understand and accept when i told him about you (That is the turning point when i started to call up the AKPK and attend the taklimat :) )

Hmmmmm….. i am very much relieved that i finally free from all those debts (even i still have my other outstanding bills, which i think i can settled it within short period of time), thanks to you, hope that everything goes well and may your god bless you all the time. Thanks again. :)