Credit and debt agency helps 32k people settle debts of RM1.5b

The Credit Counselling and Debt Management Agency (AKPK) has helped 32,349 people to fully settle their debts totalling RM1.5 billion via its debt management programme (DMP) as of Jan 31, 2021.

Its CEO Azaddin Ngah Tasir said since its inception in 2006, the agency had extended its financial advisory services to over 1.2 million people, and of these, 345,000 of them have enrolled in the DMP.

"Of the total DMP cases, 13.7 per cent or around 45,000 were...