MALAYSIA is facing a growing financial crisis among its younger generation that is fuelled by easy access to credit cards and buy now, pay later (BNPL) schemes.
According to the Credit Counselling and Debt Management Agency (AKPK), more than 53,000 individuals under 30 were burdened with nearly RM1.9bil in debt in 2024.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
