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Borrowing money by young Singaporeans soars during pandemic

SINGAPORE - Personal debt among young adults here has been rising during the Covid-19 pandemic, and the situation could worsen once interest rates start to rise. Credit Bureau Singapore data showed that while credit card borrowing showed no significant variation, people in their 20s have been taking on increasing amounts of other debt since the second quarter of last year.. ....

National University Of Singapore , Singapore General , Ruan Tianyue , Yu Yinghui , National University Of Singapore Business School , Credit Bureau Singapore , Singapore Management University , Lee Kong Chian School Of Business , Singapore University Of Social Sciences , Bureau Singapore , Professor Yu Yinghui , Singapore University , Social Sciences , Finance Song Changcheng , Lee Kong Chian School , Selena Ling , Finance Ruan Tianyue , National University , Singapore Business School , William Lim , தேசிய பல்கலைக்கழகம் ஆஃப் சிங்கப்பூர் , தேசிய பல்கலைக்கழகம் ஆஃப் சிங்கப்பூர் வணிக பள்ளி , கடன் பணியகம் சிங்கப்பூர் , சிங்கப்பூர் மேலாண்மை பல்கலைக்கழகம் , லீ காங் சியான் பள்ளி ஆஃப் வணிக , சிங்கப்பூர் பல்கலைக்கழகம் ஆஃப் சமூக அறிவியல் ,