Malaysia's AKPK FREE Debt Management Programme Restructures Your Credit Card Debt

by Vedis the DMP Blogger on November 30, 2008

in AKPK Debt Management Plan, Credit Card Debts, Debt Management Companies, Debt Management Programs

You have been seeing AKPK debt management programme’s ad on television very often, especially on weekends, and also on local newspapers many days a week. You have also checked out the AKPK’s website and read through every success story there.

The success stories are so touching that you feel that they might be fake stories. They might be made up to lure you, a distressed debtor or borrower, into a debt management program scam.

Trust me. I have been there. I totally understand how a distressed debtor feels when it comes to searching for a debt free relief service.

As a credit card debt woman who is now under the AKPK debt management programme, I think my true story will convince you to get debt relief help from AKPK to restructure your credit card debt. I mean your unmanageable credit card debt.

From making multiple credit card payments every month to making one small payment to AKPK on one date, I am now living more happily and having some extra cash in hand to be saved as savings or emergency fund.

I am now paying down my credit card debt without stress.

My credit counselor managed to negotiate a good interest rate for me, that is 7% per annum. All banks stopped their finance charges and late payment fees after I signed the debt management programme offer letter.

Although it looks like I may need to take more than 5 years to settle all my credit card debt, I can at least heave a relief for some time. According to my credit counselor, I can pay off one card anytime in future when I have extra money in hand.

Let’s say after one year I have $500 in hand and one of my credit cards has a remaining balance of $495, I can make a full settlement for that credit card. Let me call it credit card A.

What I need to do is to inform my debt management counselor. He will then redistribute the amount which is supposed to be distributed to card A bank to other credit card companies.

{ 1 comment… read it below or add one }

Badrul June 8, 2009 at 10:41 am

Hi there ,

How to apply for DMP program ? I was told that I need to attend for a BNM briefing before applying for DMP , who shall I contact to attend the briefing ? in conclusion , how to start applying for the DMP program ? I do not know how ?

Thanks .

Reply

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