I’m one of the many in the country who still owe PTPTN (Perbadanan Tabung Pendidikan Tinggi Nasional) a big amount of money for my study. Lamaa lagi ni… bertahun-tahun lagi baru dapat kasi langsai ni hutang. :(
I am not going to whine about how hard it is to pay the monthly installments. I just want to remind fellow PTPTN debtor out there, if you have not pay any amount these few years, you better not have any plan to travel oversea or you’ll be disappointed.
Your name is probably listed in the Immigration Department’s black book by now. Meaning, you are not allowed to leave the country unless you settle your debt (total loan amount, admin fees and
semua kos yang berkaitan). Perhaps, you already know about this but I only found out about it this morning from a friend, a fellow PTPTN debtor also. In case you want to check your name, pls do so
here.
Looks like PTPTN is serious in their effort to collect all this hutang. This approach may work after all. I’m sure we have our own good reason for not being to able pay back our owing as per monthly installment schedule. Whatever it is, please do not ignore your obligation, okay. Write a simple letter to them asking for delay or deduction in the monthly installment…sebelum terlambat. They do have a heart and willing to listen, you know. Me, talking through experience.
Oh ya, I have checked my name and …jeng ,jeng ,jeng…NOT in the list. Huh..leganya!
Read More......
When I glanced over my PTPTN education loan statement, my heart skipped a heartbeat! What??!! So many balance left ??!! Die la like this… When am I be able to pay-off my debt??! One tough question to answer. Been haunted by this same old question since I graduated 5 years ago. * sigh*
I’ve been obediently paying since these few years. Starting with as little as RM80 per month when I got my first job. The pay was really small back then. The instalment amount progresses through the years but apparently it is not enough. 3% administrative costs (Kos pentadbiran) are automatically charged on total loan balance every month. Wonder why they call it "Admin Costs" instead of “Interest”? Whatever they call it, it sucks. Hey, don’t form your assumption just yet okay, I’m not an ungrateful person ya! In fact, I am very grateful that the government had reduced the admin costs to the existing percentage. If it still 4%…then lagi la mampus!! Now if only they can reduce it by 1% more…..then it’ll be most welcome, especially in this recession time. Won't it be nice ? :) Diberi betis mau paha lagi bah kan…Hmm,human nature. LOL.
As they say, “ A borrower can repay an amount greater than the fixed instalment. A reduction of instalment amount is not encouraged as it’ll increase the administrative costs thus raising the total loan amount.” Noted. But, it’s easier to say than done. If I can afford to pay more, I’ll definitely do so.
Ah, how wonderful it will be to have a debt-free life! IF ONLY I win the Jackpot! * wink-wink* I swear I'll use it to repay ALL my debt. *smile*
On the other hand, there are ppl that I know of that couldn’t be bother with repaying their loan. How can they just ignore it?? Being indebted really worries me. It’ll probably continue to bug me until the day I managed to pay-off the whole loan and get rid of it once and for all. I don’t want to grow old, retired but still indebted. Better stop thinking and worrying about this sort of thing…before I get paranoid with it.
Read More......
