The real faces of the Banks

It was the banks that slowly lured you into the trap of debts by giving and granting you loans over one's financial capability. My debts built up during the last 2 years amounting to an enormous figure which is beyond my realisation. Just imagine, I have 12 credit cards and 4 personal loans in my hands , a total debt figure of RM 400,000.00 to shoulder. I have myself to be blamed for committing the debts and it is the sole responsibility for me to settle the loans , of course when you borrow and you will have to pay, I have NOT denied on my responsibility, however, I am NOT happy with the attitude of the banks when comes to chasing for payments. As for my case, I had submitted for the application for DMP with AKPK for the restructuring of my monthly repayment of loans, the banks knew about that as I had sent , faxed the aknowledge slip issued by AKPK for the purpose of informing the bank of my status, however, the banks ignored totally on the status, BUT to chase constantly for my due payments.

When comes to legal matters, I was told once when you had signed up for the DMP application and made your first payment, you can opt to stop payment to your monthly due to banks until your DMP approval and make subsequent payments to AKPK account ONLY ! Banks eventually will show their real faces by issuing nasty letters, threathening SMS and phone calls ... they are no better than "Ah Long " and loan sharks. I won't not blame the banks for taking such an actions if I had NOT officially entered for the DMP programme, the fact is, I had been accepted for the AKPK programme, what is that to howl about ?

To ease the burden of the AKPK applicants, I feel Bank Negara could have a more rigid regulation to bar the Banks from disturbing their clients who present a proof on the application of the DMP, if in the case when DMP application fails, banks could continue to pursue to recover their loans with whatever means they like. Since every applicant went through the similar situation within the 1.5 - 2 months of the processing period and as I noted from the stories by many of the AKPKians, no one seemed to pay their bank dues once signed up for the DMP, which means Banks could hardly press for any payments from their clients once they are in the DMP. I really do NOT know what is the tactics of the banks by pressing hard on the clients, why should they do so fully knowing that the clients are in the DMP ? Why can't the banks give mercy to the clients ??? Banks have no mercy when comes to debts .. they are bloodless, believe me, If I don't owe them a single cent, I will slam on their faces.
I will like to tear the masks of the banks which I deem rude, harsh and merciless .

If I ever I have money, I will pay off the debts as quikly as possible.
If NOT for AKPK, I know fully well that, today I shall NOT be able to cope with the calls and nasty letters from the banks.

Thanks AKPK for the assitance.