Answer first

A smaller combined monthly payment can still cost more if the new tenure is longer. Compare both payment pressure and lifetime repayment before replacing debts.

How to decide

List settlement amounts, remaining payments and fees for current debts. Compare these with every new payment and fee. Do not borrow merely to make the monthly number look smaller.

A practical process

If repayments are already unmanageable, pause applications and contact AKPK through its official channel for independent guidance.

Limits and next step

Settlement quotes and future charges can change the comparison. Check the linked primary source and its captured date before making a commitment.

Malaysian worked example

Show the working

Inputs

  • current debts: RM1,100 × 30 months
  • new plan: RM700 × 60 months

Calculation

  1. current scheduled outflow = RM33,000
  2. new scheduled outflow = RM42,000

Reviewed resultMonthly relief is RM400, but scheduled outflow rises RM9,000 in this simplified example.

Settlement quotes and future charges can change the comparison.

Verify

Sources and update record