BFM 89.9
The Business Station
Recommended
Guest: Nirmala Supramaniam, Head of Household Financial Education Department, Agensi Kaunseling dan Pengurusan Kredit (AKPK)
Buy Now, Pay Later (BNPL) services are everywhere, making it easier than ever to split payments with no interest… if you pay on time. But for many young Malaysians, BNPL is turning into a debt trap, with overdue payments piling up before they even realise it.
Are these services really helping people manage their finances, or are they encouraging overspending? Are BNPL providers doing enough to educate users on the risks, or are they relying on people spending more than they can afford?
We speak with Nirmala Supramaniam, Head of the Household Financial Education Department at Agensi Kaunseling dan Pengurusan Kredit (AKPK), to break down the reality of BNPL debt. We explore how young Malaysians can make smarter spending decisions, the role of financial literacy, and whether stricter regulations are needed to keep BNPL in check.
Presenter: Richard Bradbury
Producer: Carol Wong
Share:
Recent episodes
0
Latest stories
Podcasts · Feb 21 · 12:00PM
Artistic License In An Age of Authenticity
42 mins
Podcasts · Feb 21 · 11:00AM
Mbappe Hat-Trick Knocked Man City Out!
46 mins
Podcasts · Feb 21 · 10:00AM
A Real Pain + Bridget Jones: Mad About The Boy & Shocking On-Screen Deaths
44 mins
BNPL: Convenience or Trap?
41 mins
·
12:00, 21 Feb 2025
Guest: Nirmala Supramaniam, Head of Household Financial Education Department, Agensi Kaunseling dan Pengurusan Kredit (AKPK)
Buy Now, Pay Later (BNPL) services are everywhere, making it easier than ever to split payments with no interest… if you pay on time. But for many young Malaysians, BNPL is turning into a debt trap, with overdue payments piling up before they even realise it.
Are these services really helping people manage their finances, or are they encouraging overspending? Are BNPL providers doing enough to educate users on the risks, or are they relying on people spending more than they can afford?
We speak with Nirmala Supramaniam, Head of the Household Financial Education Department at Agensi Kaunseling dan Pengurusan Kredit (AKPK), to break down the reality of BNPL debt. We explore how young Malaysians can make smarter spending decisions, the role of financial literacy, and whether stricter regulations are needed to keep BNPL in check.
Presenter: Richard Bradbury
Producer: Carol Wong
Share:
Recommended
May 12
·
20 minsLast Minute Tax Filing Tips
May 6
·
22 minsProperty Tax Filings For 2021
Apr 28
·
20 minsHow PTPTN Helps Ensure Higher Education For All
Download app
60,000 other podcasts in your hand
Recent episodes
0
Latest Stories
Podcasts · Feb 21 · 42 mins
Artistic License In An Age of Authenticity
Podcasts · Feb 21 · 46 mins
Mbappe Hat-Trick Knocked Man City Out!
Podcasts · Feb 21 · 44 mins
A Real Pain + Bridget Jones: Mad About The Boy & Shocking On-Screen Deaths