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More missing credit card, personal loan payments
Wed, Feb 25, 2009
The Straits Times

MORE consumers here are missing their credit card and personal loan payments but the numbers still fall below the highs recorded during the Sars outbreak in 2003.

According to the latest figures from Credit Bureau Singapore (CBS), the percentage of consumers who missed at least one credit card payment rose slightly from 1.48 per cent in December 2007 to 1.67 per cent last December.

Similarly, the percentage of delinquent personal loans that were 30 or more days past due increased from 3.73 per cent in December 2007 to 5.34 per cent in December last year.

 

 

 


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