EconomicMalaysia·Unpinned14 Oct 2026
Malaysian Finance Ministry reports increase in short-term credit use by young consumers
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The Malaysian Finance Ministry reported that consumers aged 30 and below utilized short-term credit for 5.4 billion ringgit in goods and services during the first half of 2026. This demographic accounted for 65.9 million “buy now, pay later” (BNPL) transactions, representing 37.9 percent of all national BNPL purchases. As of June 30, the outstanding balance…
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SCMP
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