Credit card debt management: a profile study of young professionals / Rashidah Ahmad and Normah Omar

• Main Authors: Ahmad, Rashidah, Omar, Normah
• Format: Article
• Language: English
• Published: Universiti Teknologi MARA Cawangan Selangor 2013
• Subjects: Banking; Bank loans. Bank credit. Commercial loans
• Online Access: https://ir.uitm.edu.my/id/eprint/29703/1/AJ_RASHIDAH%20AHMAD%20APMAJ%20B%2013.pdf; https://ir.uitm.edu.my/id/eprint/29703/; http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/44
• Institution: Universiti Teknologi Mara

As at 30th June 2012, the total amount of credit cards outstanding bills stood at RM 29.9 billion. The 2010 statistics issued by the Department of Solvency Malaysia, showed a worrying trend of young Malaysians who were below the age of 30 being declared bankrupt due to credit card debts. Some 209 or...