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AKPK: Over 50,000 youths in debt due to credit cards, loans worth close to RM2b in total

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National Credit Counseling And Management Agency News

Youths,Debt

KUALA LUMPUR, April 23 — The National Credit Counseling and Management Agency (AKPK) reportedly said it found 53,000 youths aged 30 and below are under debt worth nearly RM1.9...

According to a report, 53,000 youths aged 30 and below are under debt worth nearly RM1.9 billion in total. — Picture by Miera ZulyanaKUALA LUMPUR, April 23 — The National Credit Counseling and Management Agency reportedly said it found 53,000 youths aged 30 and below are under debt worth nearly RM1.9 billion in total.reported that the main factor for the affected youths to approach and register with AKPK for debt restructuring assistance was to restore their cash flow.

According to AKPK, those aged between 28 and 30 made up the highest proportion of applications at 65 per cent of the total number of the agency’s clients as of March.

 

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