SINGAPORE - Consumers chalked up less credit card debt last year despite the Covid-19 pandemic taking a toll on people's finances.
Total rollover credit card balances came in at an estimated $5.4 billion in the fourth quarter of last year, down 15.8 per cent from a year earlier, Monetary Authority of Singapore (MAS) data showed.
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
