{"id":57719,"date":"2023-08-10T16:47:08","date_gmt":"2023-08-10T08:47:08","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=57719"},"modified":"2023-08-10T16:48:30","modified_gmt":"2023-08-10T08:48:30","slug":"malaysians-loans-debts-level","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level","title":{"rendered":"Malaysians Are Comfortable With Taking On Loans And Debts"},"content":{"rendered":"<p>Taking on a loan or being riddled with debt can be a huge financial burden for most people. So it goes without saying that you shouldn\u2019t be comfortable with taking any loans or debts.<\/p>\n<p>But <a href=\"https:\/\/www.mili.eu\/insights\/uncovering-debt-vulnerabilities-and-income-disparity-among-southeast-asians\" target=\"_blank\" rel=\"noopener\">a recent study from Milieu Insight<\/a> showed that Malaysians have the <strong>highest level of comfort when it comes to taking on debts or loans<\/strong>.<\/p>\n<p>The study, conducted in Southeast Asian countries, highlights the financial realities of individuals in Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines.<\/p>\n<p>Aside from being comfortable with taking on debts\/loans, <strong>Malaysia (79%) also holds the highest prevalence of people who have loans or are currently holding debts<\/strong>. In terms of financial literacy, the majority of Malaysians <strong>(41%) surveyed still prefer learning from family members<\/strong>, followed by <strong>taking on formal education courses (36%)<\/strong>.<\/p>\n<p>Other key findings from the study include:<\/p>\n<ul>\n<li>6 in 10 across Southeast Asia currently have debts or loans.<\/li>\n<li>1 in 4 cite growing their business as the likely reason to take a loan.<\/li>\n<li>1 in 4 individuals in Thailand have no income savings remaining after deducting expenses and debt\/loan repayments.<\/li>\n<li>27% across the region do not consider themselves knowledgeable in personal finance management.<\/li>\n<\/ul>\n<p><strong>Thinking of getting a loan? It\u2019s important to understand the <a href=\"https:\/\/www.imoney.my\/articles\/difference-between-loans\" target=\"_blank\" rel=\"noopener\">different types of loans available<\/a> and choose the ones that fit your needs. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysians do not have any discomfort with taking on loans or debts.<\/p>\n","protected":false},"author":47,"featured_media":57720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[242,239,218,9,251],"tags":[1230,1229,1107,1231,1232,1106,1108,1233],"class_list":["post-57719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-management","category-home-loan","category-money-management","category-personal-loan","category-student-loan","tag-debts","tag-loans","tag-malaysia","tag-milieu","tag-milieu-insights","tag-singapore","tag-south-east-asia","tag-southeast-asia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Malaysians Comfortable With Loans And Debts<\/title>\n<meta name=\"description\" content=\"Do Malaysians have a high tolerance for taking loans and dealing with debts? A recent study revealed this result.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Malaysians Are Comfortable With Taking On Loans Or Debts\" \/>\n<meta property=\"og:description\" content=\"Do Malaysians have a high tolerance for taking loans and dealing with debts? A recent study revealed this result.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-10T08:47:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-10T08:48:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/10153354\/malaysiantakingdebts.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azreen Azmi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azreen Azmi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level\"},\"author\":{\"name\":\"Azreen Azmi\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/8c957dfb12fe1ffcc0e443b7cc382349\"},\"headline\":\"Malaysians Are Comfortable With Taking On Loans And Debts\",\"datePublished\":\"2023-08-10T08:47:08+00:00\",\"dateModified\":\"2023-08-10T08:48:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level\"},\"wordCount\":220,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/10153354\\\/malaysiantakingdebts.png\",\"keywords\":[\"Debts\",\"Loans\",\"Malaysia\",\"Milieu\",\"Milieu Insights\",\"Singapore\",\"South East Asia\",\"Southeast Asia\"],\"articleSection\":[\"Debt Management\",\"Home Loan\",\"Money Management\",\"Personal Loan\",\"Student Loan\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level\",\"name\":\"Malaysians Comfortable With Loans And Debts\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/10153354\\\/malaysiantakingdebts.png\",\"datePublished\":\"2023-08-10T08:47:08+00:00\",\"dateModified\":\"2023-08-10T08:48:30+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/8c957dfb12fe1ffcc0e443b7cc382349\"},\"description\":\"Do Malaysians have a high tolerance for taking loans and dealing with debts? A recent study revealed this result.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#primaryimage\",\"url\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/10153354\\\/malaysiantakingdebts.png\",\"contentUrl\":\"https:\\\/\\\/static.imoney.my\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/10153354\\\/malaysiantakingdebts.png\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/malaysians-loans-debts-level#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Money Management\",\"item\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/category\\\/money-management\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Malaysians Are Comfortable With Taking On Loans And Debts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#website\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/#\\\/schema\\\/person\\\/8c957dfb12fe1ffcc0e443b7cc382349\",\"name\":\"Azreen Azmi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91059f5b3d015965253e14a33b1f6a745f5155f822ae4b704abc9b1221a9765c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91059f5b3d015965253e14a33b1f6a745f5155f822ae4b704abc9b1221a9765c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91059f5b3d015965253e14a33b1f6a745f5155f822ae4b704abc9b1221a9765c?s=96&d=mm&r=g\",\"caption\":\"Azreen Azmi\"},\"description\":\"Azreen Azmi is a writer with a penchant for writing about content marketing and technology. From YouTube to Twitch, he tries to keep in touch with the latest in content creation and finding out the best way to market your brand.\",\"url\":\"https:\\\/\\\/www.imoney.my\\\/articles\\\/author\\\/azreen-azmi\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Malaysians Comfortable With Loans And Debts","description":"Do Malaysians have a high tolerance for taking loans and dealing with debts? A recent study revealed this result.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level","og_locale":"en_US","og_type":"article","og_title":"Malaysians Are Comfortable With Taking On Loans Or Debts","og_description":"Do Malaysians have a high tolerance for taking loans and dealing with debts? A recent study revealed this result.","og_url":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level","og_site_name":"iMoney Malaysia","article_published_time":"2023-08-10T08:47:08+00:00","article_modified_time":"2023-08-10T08:48:30+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/10153354\/malaysiantakingdebts.png","type":"image\/png"}],"author":"Azreen Azmi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Azreen Azmi","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#article","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level"},"author":{"name":"Azreen Azmi","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349"},"headline":"Malaysians Are Comfortable With Taking On Loans And Debts","datePublished":"2023-08-10T08:47:08+00:00","dateModified":"2023-08-10T08:48:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level"},"wordCount":220,"commentCount":0,"image":{"@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/10153354\/malaysiantakingdebts.png","keywords":["Debts","Loans","Malaysia","Milieu","Milieu Insights","Singapore","South East Asia","Southeast Asia"],"articleSection":["Debt Management","Home Loan","Money Management","Personal Loan","Student Loan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level","url":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level","name":"Malaysians Comfortable With Loans And Debts","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/10153354\/malaysiantakingdebts.png","datePublished":"2023-08-10T08:47:08+00:00","dateModified":"2023-08-10T08:48:30+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349"},"description":"Do Malaysians have a high tolerance for taking loans and dealing with debts? A recent study revealed this result.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/10153354\/malaysiantakingdebts.png","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/10153354\/malaysiantakingdebts.png","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/malaysians-loans-debts-level#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"Money Management","item":"https:\/\/www.imoney.my\/articles\/category\/money-management"},{"@type":"ListItem","position":3,"name":"Malaysians Are Comfortable With Taking On Loans And Debts"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/8c957dfb12fe1ffcc0e443b7cc382349","name":"Azreen Azmi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/91059f5b3d015965253e14a33b1f6a745f5155f822ae4b704abc9b1221a9765c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/91059f5b3d015965253e14a33b1f6a745f5155f822ae4b704abc9b1221a9765c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/91059f5b3d015965253e14a33b1f6a745f5155f822ae4b704abc9b1221a9765c?s=96&d=mm&r=g","caption":"Azreen Azmi"},"description":"Azreen Azmi is a writer with a penchant for writing about content marketing and technology. From YouTube to Twitch, he tries to keep in touch with the latest in content creation and finding out the best way to market your brand.","url":"https:\/\/www.imoney.my\/articles\/author\/azreen-azmi"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/57719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=57719"}],"version-history":[{"count":4,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/57719\/revisions"}],"predecessor-version":[{"id":57731,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/57719\/revisions\/57731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/57720"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=57719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=57719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=57719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}