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Overspending among young S'pore adults grows with rise of cashless payment


The Straits Times
Contactless payment methods in Singapore include credit and debit cards, e-wallets, PayWave and PayNow.PHOTO: ISTOCKPHOTO
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AKPK offers loan repayment aid


AKPK offers loan repayment aid
13 Jan 2021 / 13:14 H.
KUALA LUMPUR: The Credit Counselling and Debt Management Agency (AKPK) is offering targeted repayment assistance for its Debt Management Programme (DMP) customers who have been affected by the recent floods in several states.
In a statement issued yesterday, AKPK said the offer was made to help alleviate its customers’ financial burden.
“The repayment assistance includes postponement of, or lower monthly DMP instalments, subject to customer requests and AKPK’s assessment.
“All of these services are free and AKPK has never appointed any agents or third party representatives to act on its behalf.”
Flood-affected AKPK customers may apply for the repayment assistance online at http://customer.akpk.org.my/ or visit https://www.akpk.org.my for more information. ....

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