Last year, TNG Digital Sdn Bhd in collaboration with CIMB Bank Sdn Bhd introduced GOpinjam, a short-term personal loan through the former’s TNG eWallet app. Well, despite initial controversy regarding its high-interest rate, the service has been really popular among Malaysians who need fast cash.
Specifically, youths under 30 make up 55 per cent of GOPinjam’s total customers. The average loan amount for those in this age category is RM1,500 per person.
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