Updated: 04/21/2014 22:37

More people in S'pore missed their credit card payments in 2013



More people in S'pore missed their credit card payments in 2013

More people in Singapore missed their payments on credit card bills last year. 

According to Credit Bureau Singapore, 14.6 per cent of them missed at least one payment on their credit card accounts in 2013. 

That's up from 13.5 per cent in 20-12. 

The bureau also says consumers continued to spend more on their credit cards last year, but at a slower pace. 

It says the average spending balance rose about 4.2 per cent to $5,304.

Latest Photo Galleries on xinmsn

NEWS VIDEOS