{"id":6003,"date":"2021-12-22T06:00:00","date_gmt":"2021-12-21T22:00:00","guid":{"rendered":"http:\/\/www.comparehero.my\/blog\/?p=6003"},"modified":"2026-03-27T10:36:43","modified_gmt":"2026-03-27T02:36:43","slug":"manage-your-debts-with-akpk-2","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/debt-credit-score\/manage-your-debts-with-akpk-2.html","title":{"rendered":"What Actually Happens When You Go To AKPK For Help?"},"content":{"rendered":"

Debt can be overwhelming and sometimes people borrow more money than they can afford to pay back. If you\u2019re in this sort of financial predicament, consider getting assistance from Agensi Kaunselling dan Pengurusan Kredit (AKPK) or the Credit Counselling and Debt Management Agency. Read this article to find out more about their services.<\/strong><\/p>\n

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\nEdited and updated by Anis Shakirah binti Mohd Muslimin<\/a>
\n<\/em>This article was first published in August 2019 and has been updated for freshness, accuracy and comprehensiveness.<\/em><\/p>\n

Though it is easy to fall into debt, it\u2019s not as easy – and can be extremely difficult – to get out of it. And if you don\u2019t act fast, your debt may snowball into something larger and more serious.<\/p>\n

But the reality is you can\u2019t really avoid debt either; unfortunately in our society, debt is part of life – it helps us buy a house, a car, and even an education. Though living without debt is almost impossible, it is beneficial to know how to better manage your debt.<\/p>\n

So find comfort in knowing that you are not alone when it comes to managing debt or even having debt piling up against you. In fact, you don\u2019t have to struggle alone.<\/p>\n

Many Malaysians may not know this but AKPK<\/a> can help you better manage your debt. They are a good resource for those who are straddled with debt and are worried about not being unable to pay it off<\/a>, especially with the end of the blanket moratorium. AKPK could also help rebuild your credit<\/a> and offer financial advice for free!<\/p>\n

To help us understand the services provided at AKPK, CompareHero.my spoke to Nirmala Supramaniam, Head of Module Unit Development at AKPK for better insights.<\/p>\n

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What is AKPK?<\/h2>\n

Known as Agensi Kaunselling dan Pengurusan Kredit (AKPK) or the Credit Counselling and Debt Management Agency, it was established by Bank Negara Malaysia (BNM) in 2006 as part of a Consumer Protection Framework under BNM\u2019s 10-year Financial Sector Master Plan.<\/p>\n

\u201cAKPK helps individuals take control of their financial situation and gain peace of mind that comes from the wise use of credit,\u201d Nirmala Supramaniam, Head of Module Unit Development at AKPK, told CompareHero.my.<\/p>\n

The three main services that AKPK provides include:<\/strong><\/p>\n