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Story summary
- In Malaysia, many youths face financial instability from mounting debts due to credit cards and Buy Now, Pay Later (BNPL) schemes.
- Mr. Chan Jun Hong, 29, spends over 60% of his salary on debt repayments, causing stress.
- Nixie, 29, starts the month with RM1,000 and struggles to meet minimum credit card payments.
- Deputy Finance Minister Liew Chin Tong says 40% of BNPL transactions are by youths.
