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Singapore’s Gen-Z Are Borrowing Too Freely, Central Bank Worries

Bloomberg2021-06-15

Buy Now, Pay Later services gain ground among young consumers Regulator’s media blitz warns of risks from easy-credit apps Outside a shopping mall on Orchard Road in Singapore on June 5. Photographer...

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Comment39

  • Yang Sheng
    ·2021-06-15
    hi
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  • Jensenchow
    ·2021-06-15
    Nice man
    Reply
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  • spaceGRN
    ·2021-06-15
    Need to be educated
    Reply
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  • LeleTrading
    ·2021-06-15
    good to know
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  • Elasticfam
    ·2021-06-15
    agree
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  • iHuat
    ·2021-06-15
    Interesting to hear . This is the insta generation .. satisfying current wants.. 
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  • Zahreus
    ·2021-06-15
    As the elders would say, spend only what you canafford. Additionally, its better to save up for something you wana buy. Its more satisfying that way.
    Reply
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  • Jkjustea
    ·2021-06-15
    Financial literacy shud be taught in school
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  • erichosk
    ·2021-06-15
    Bankruptcy will rise in the future.
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    • kyawkh
      agreed
      2021-06-15
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    • erichosk
      yup
      2021-06-16
      Reply
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  • JohnWL
    ·2021-06-15
    Agreed
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  • WZiYa
    ·2021-06-15
    Good to know. 
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  • AntonyPoo
    ·2021-06-15
    great
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  • 超群yibo
    ·2021-06-15
    555 small notebook era is back but in digital form. Our grandfather used to buy & pay later at sundry shop without interest. Pay back after pay day.
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    • 超群yibo
      yes
      2021-06-17
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    • Limpek
      haha. those old day
      2021-06-15
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  • Tz210
    ·2021-06-15
    ??
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  • kuehlapis
    ·2021-06-15
    hype dies. don't die along with it. 
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  • KSANG
    ·2021-06-15
    Haha
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  • Zalu
    ·2021-06-15
    Eventually, I still think the final responsibility should fall back to the consumers. 
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    • puaychoo
      ok
      2021-06-15
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    • 超群yibo
      555 small notebook era is back but in digital form. our grandfather used to buy & pay later at sundry shop after pay day without interest.
      2021-06-15
      Reply
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    • edgetrader
      Agree
      2021-06-15
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    View more 2 comments
  • Brent_Yap
    ·2021-06-15
    Wow
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    • Minhoshuting
      Interesting
      2021-06-15
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    • Delvin
      Comment back
      2021-06-15
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    • Rarrrarr
      Nice
      2021-06-15
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  • x2doubt
    ·2021-06-15
    Hmmmm
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  • PandaWynn
    ·2021-06-15
    ?
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