Credit cards may have been swiped at lightning speed as the festive shopping season kicked into high gear, but more people are able to keep up with their payments.
Credit card debt is largely under control and credit quality has improved since the Monetary Authority of Singapore (MAS) started capping borrowing limits in June 2015.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you