Lavish living making more grads bankrupt

KUALA TERENGGANU: More graduates are heading down the path to bankruptcy with their lavish lifestyles, according to the Credit Counselling and Debt Management Agency.

Sounding the credit alarm, its chief executive officer Azaddin Ngah Tasir said there were graduates who did not hesitate to swipe their credit cards to sustain living beyond their means, often buying the latest gadgets, cars, trendy clothing and flying off on holidays.