Unpaid credit card balances in Singapore cross S$9 billion in Q3 2025, highest in 10 years
Unpaid credit card balances in Singapore crossed S$9 billion last quarter — the highest in 10 years. At least one financial counselling centre has seen a 13% jump on-year in the number of people seeking their services this month. One analyst said this could hint to growing financial pressures faced by Singaporeans amid rising prices. Sabrina Ng reports.
Unpaid credit card balances in Singapore crossed S$9 billion last quarter — the highest in 10 years. At least one financial counselling centre has seen a 13% jump on-year in the number of people seeking their services this month. One analyst said this could hint to growing financial pressures faced by Singaporeans amid rising prices. Sabrina Ng reports.