Slow and Steady wins the race. Yep.

Hi there Readers!

It has been a good start for 2015. One of the good news was that when I was checking the remaining balance for my PTPTN loan, it showed I have only a few more payments to be done and I'm all finished! Alhamdulillah. Here's my current statement on January 2015.

Current outstanding amount for my PTPTN loan.
Paid 3x more than my normal RM200 as I have some extra cash.

I have it all thanks to my dad. Even before I did have a job, he insisted me to start paying out of my pocket money even RM50 for a start. It doesn't seem much or even change much on the loan but then it had kept me going. Hard at first but setting my priorities right, I've managed to get used to it. After that, he had advised me when I have a job, to pay RM200 each month till the very end but if I could pay more, I should do it. That is what I've been practicing all these years.

So for more than 8 years I've been paying which I've never missed a month in paying my education loan. (well there are times I've skipped it but I'll have to pay more to compensate my lost time so it has been considered covered?). At times, if I have an extra cash I would put more into it. Yea, Maggi could solve the trick when you need to tie up that food expenses although it is not recommended as a main diet!

I know debts are a pain in the butt but then, debts are still debts. The moment you've accepted the agreement, you have to do your part of the agreement as they've done theirs. I believe that's not rocket science. Which whining and getting all worked up won't get it solved. Get it paid will solve it.

Another thing is that I have also kept an excel file with formulas to ensure that the payment and calculations that was done on the statements are correct and tallied. Just in case there might be discrepancies. Not to forget to always keep a copy of receipt for each payment that has been made (a softcopy in PDF if you're paying online). I would advise everyone to do the same.

Anyway, for those who are still paying, don't get too frustrated about it. Just pay what you could and pay more if you have the opportunity. Simple! Without realizing, it could be finished before you could even realize it!

Cheers.

2014? It's still alive and kicking!

Hey guys.

It has been a while since I've written on my blog. It seems since last year on September 2013 which was the last time I've blogged, my blog has been visited countless times and I can say that it is still running. Mostly in regards to 'PTPTN' payment (first time?). Oh well, I'm glad that it helped so many people (mainly students?) in starting to pay back their loans after their studies. Yes, doing it online is so much convenient!

From me, I'm still paying back my loan until now and I think a couple more and I would be free from it (at last!). Ain't easy I can tell you but then, it helped me for my studies so it's fair that I pay it back.

Speaking of which over the years I've seen demonstrations and riot in regards to this loan. Either it was too much or as a burden for the student. Well I was one of them and I am still using the 3% interest and not the Ujrah type. I didn't come from a well off family and I shouldered the loan by myself without the aid from my parents because I wanted them not to take the burden since they've sacrificed a lot for me already. I took the max loan and even an extended of 2 years more of my studies (can you imagine how much the total was?!). Since I wasn't that bright, so yea, I've got extended. Boo.

Hey you needed to study and you needed money right? When you made the loan, you were hoping and praying that you'll get it. Now you've got it so why are you complaining? Suck it up and pay. Not many people had the opportunity like you did or even qualify for a loan. Remember that.

So guys, please pay up. When you're done, the money can benefit to those who just started their studies in the higher institution which needed the a lot of financial aid. If you need any assistance in setting up you're online payment (Maybank only please), I could try my best to assist you since perhaps the layout of my previous post might be outdated with Maybank's new design.

Till next time! :D