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
- current scheduled outflow = RM33,000
- new scheduled outflow = RM42,000
Illustrative resultMonthly relief is RM400, but scheduled outflow rises RM9,000 in this simplified example.
Settlement quotes and future charges can change the comparison.
Sources
- Source checked on 2026-07-30Agensi Kaunseling dan Pengurusan KreditUpdate required
- Source checked on 2026-09-14Bank Negara Malaysia
- Source checked on 2026-09-14Bank Negara Malaysia
Responsible lending guidelines ensure borrowers’ affordability
- Source checked on 2026-09-14Bank Negara MalaysiaUpdate required
- Source checked on 2026-09-14Agensi Kaunseling dan Pengurusan KreditUpdate required
- Source checked on 2026-09-14Agensi Kaunseling dan Pengurusan KreditUpdate required
- Source checked on 2026-09-14Agensi Kaunseling dan Pengurusan KreditUpdate required
- Source checked on 2026-09-14Bank Negara Malaysia
Agensi Kaunseling dan Pengurusan Kredit commences operations
Update required means this source has passed its internal freshness window. Product-specific commercial claims remain suppressed until the source is checked again.