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We are back at out branch office starting 3 Jan 2023| AKPK Pulau Pinang, AKPK Johor Bahru, AKPK Kuching

Updates as at 30 December 2022. Subject to amendments and further information.


You’re Now at

AKPK's One Stop Portal


Learn How to Improve Your Credit Score

A good credit score increases your chances of getting your loan or credit application approved. However, please follow these rules
before You Opt to Borrow:


Borrow for productive purposes only and for something that you need


Borrow within your means


You have a moral responsibility to repay your debts


Borrow from Regulated Credit Providers

Licensed Financial Institutions

Commercial banks that are licensed by BNM to provide financial products and services to the public. For a listing of licensed financial institutions, click here.


Co-operatives are regulated under the supervision of Suruhanjaya Koperasi Malaysia (SKM), an agency under the Kementerian Pembangunan Usahawan dan Koperasi (MEDAC). For a listing of licensed co- operatives, visit SKM's website at

Licensed Money Lenders

There are money lenders licensed by the Kementerian Perumahan dan Kerajaan Tempatan (KPKT) that provide loans to the public. They cannot accept deposits and their loan interest rates are normally higher.

Unlicensed Money Lenders

There are also unlicensed money lenders, commonly referred to as loan sharks. Their operations are illegal. You are advised not to borrow money from a loan shark.

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The success of your loan application largely depends on the following:

Purpose of borrowing

  • The purpose of taking on a loan will determine the type of financial product provided.
  • The interest rate and tenure of the loan are determined based on the type of borrowing.

Ability to repay

  • The loan amount will be decided based on the individual's ability to repay the loan.
  • The ability to repay a loan is established from the surplus of income and the stability of the individual's cash flow.
  • The debt-to-income ratio is also used as an indicator in determining an individual's repayment ability.

Repayment history

  • Payment records for previously obtained loans will also be assessed by banks.
As advised by the Credit Bureau Malaysia, you can start to build a good credit history by:
  • Paying your bills on time
  • Using only a certain percentage of your credit
  • Never applying for too much credit at once
  • Keeping track of your credit report every year
  • Paying your purchases within six (6) months if you are using your credit cards
  • Answering phone calls from the bank even during a financial crisis
  • Assessing your cash flow when considering loans
  • Applying for loan or credit, if you have none, to build your credit score in CCRIS
If You Need More Financial Advice, Speak to Our Professional Financial Advisor Today
Schedule an Appointment

Keen to learn more about planning for financial freedom, basic money management, or your current stage of life? Explore some great tips at our Financial Education section. This could be your opportunity to becoming more financially savvy!

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The world we live in is increasingly complex, especially for the youths, and they will eventually need to take charge of their future and finances. Financial education in the tertiary stage is for those between the ages of 18 to 25 currently pursuing post-secondary education. Providing them with the appropriate financial know-how at this point will build up their competence in dealing with future financial decisions. This module focuses on cash flow management, the importance of savings and setting up a budget, internet banking and other appropriate topics for university and college students.

Entering Workforce

This stage comprises those between the ages of 20 to 30, i.e. mainly those who are just starting out in life. Financial education is essential to this age group as they learn to be independent in most matters especially financial management. In their minds, a car is a want rather than a need, and normally sits at the top of their list of things to acquire. Our Entering Workforce module focuses on understanding the fundamentals of borrowing and the importance of borrowing productively to encourage positive net worth. Financial education at this stage is also aimed at inculcating the habit of managing debts wisely. The module also introduces the fundamentals of investments and the importance of insurance for a better tomorrow.

Starting and Raising a Family

The module for the next life stage is for those who are starting and raising a family. People in this category are approaching that time in their life when they will normally experience important and meaningful life’s milestones: marriage, children and a new home. Designed for those between 30 to 40 years of age, this module will focus on settling unproductive loans while reducing debt commitments as they prepare for retirement. Emphasis will again be placed on the importance of planning for and protecting against uncertainties by talking about the types of financial tools available. They will learn the various types of insurance policies and be able to decide on the best coverage based on their affordability for their precious family. Education will also be given on the appropriate investments that will provide passive income for a better tomorrow.


The transition from working to retiring involves many tough decisions regarding income and lifestyle needs and whether one plans to ease into retirement or otherwise, while considering factors such as wealth management, whether a pension is enjoyed, and EPF balances. These are big decisions with long-term impact on their financial well-being during retirement. To make the best choices, they require sufficient knowledge and intense awareness of how they want to live through their retirement years. Therefore, our pre-retirement module will prepare them for retirement by teaching them the proper use of their investments and review of their portfolio while servicing their insurance policies and settling unproductive debts to improve their net worth positively.

Post – Retirement

You have retired. How would you manage your money now? Considering that the average life expectancy in Malaysia has improved, it is more important now than ever to ensure that you have the financial resources to live a comfortable and happy lifestyle—particularly if you are looking forward to retiring with peace of mind. Taking care of your wealth and making it last are important at this stage. Financial literacy and education is a continuous life lesson that does not end at retirement. Now, more than ever, you need to manage your finances wisely and plan for the unexpected. Our post-retirement module is focused on those who are currently transitioning into retirement or are in the early stages of retirement.

Early Adulthood
Adult – Middle Adulthood