household debt News
Latest articles and news about household debt on AXL Media.
Latest Articles
- New Zealand Ranked Last in Global Savings: Statistical Anomaly or Structural Crisis?
Published: Apr 27, 2026
Section: Banking & Finance
A viral graphic based on OECD data has placed New Zealand at the bottom of the world’s net household savings rankings with a rate of -1.3%. While some economists argue the figure i...
- South Korean Credit Card Debt Surges to Record 43 Trillion Won as Inflation Pressures Low-Income Borrowers
Published: Apr 21, 2026
Section: Cards & Loans
Outstanding credit card loans in South Korea hit an all-time high of 42.99 trillion won in March 2026, marking the third consecutive month of growth. Cash-strapped consumers are in...
- Malaysia buy now pay later transactions reach twenty one billion ringgit as lower income households drive sector growth
Published: Mar 5, 2026
Section: Business & Economy
The Ministry of Finance has revealed that over 70 percent of buy now pay later users in Malaysia belong to the B40 income group, shifting the perception of the service from a lifes...