According to Bank Negara Malaysia’s report, Malaysia’s household debt increased to 89.1% in 2015.
Malaysian investors rank the highest in Asia in terms of indebtedness, with 68% of investors burdened down with debt.
Malaysia’s household debt to income levels have now hit over 145%.
If you are carrying a balance on one or more high-interest credit cards, a good balance transfer card can help you pay down your debt and save you money!
We have been constantly reminded about the importance of having a good credit report. But no one’s actually said what exactly is a good report and how do you know when it is good. Here we tell you how the CCRIS report plays an important role in determining your credit worthiness and how to read it.
PTPTN is frustrated that hardcore defaulters continue to ignore various measures PTPTN makes to ease the repayment on their pockets.
Since 2012, iMoney has been helping Malaysians make well-informed financial decisions. Here are 10 burning questions we’ve received from our readers.
In the last five years, approximately 25,000 Gen Y Malaysians, defined as those below the age of 35, have become bankrupt.
Flying business class with Malaysia Airlines could soon be cheaper as its CEO Christoph Mueller drops hints of turning the airline into a “value carrier”.
When it comes to good money management habits, excuses for why we do not save can become endless!