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My Debt Management Program Is Free February 21, 2009

Posted by Vedis in : Debt Management Plan , comments closed

The debt management program I am joining is free. Yes, free credit card debt management program offered by a government agency.

The government-owned credit counseling and debt management program agency is in charge of negotiating lower interest rates with banking institutions.

Once banks agree with the interest rates and credit card debt balances, the credit counselor will inform you of the detailed debt repayment plan.

You bank in the debt repayment into the credit management agency’s collection account every month and from there the credit counselor will distribute the agreeable amount to each bank.

So, my debt management program is totally free.

Buddies Are Ready To Meet AKPK Credit Counselors January 29, 2009

Posted by Vedis in : Debt Management Plan , comments closed

It’s only the fourth day of Chinese Lunar New Year. Guess what? Some of my buddies have already decided to pay AKPK credit counseling and debt management agency a visit.

Some have even confirmed to meet the counselors tomorrow. Wow, Chinese New Year is not over yet.

I read that 20,000 people had applied for the debt management programme since its inception in 2006. 14,000 applications had been approved (I am one …;D), 2,000 are under approval now and 4,000 were rejected.

Application On The Debt Management Plan Is In Progress August 9, 2008

Posted by Vedis in : Debt Management Plan , comments closed

Finally, I successfully submitted my application for the debt management plan (debt repayment plan) on Monday.

According to the credit counseling, it’s going to take three months for the process before I know if my application is approved or not. For the time being, I still have to keep on making credit card payments.

How I wish my application would be approved! If so, my monthly repayment would be $310 only. It’s so much lower than my current credit card payments amounting to $1,300 to $1,500.

By then, I don’t have to rush tons of camcorder reviews in order to make more money to pay off the credit card debts.