Abdul Rahman, Nora Azureen and Kosim, Zunarni and Siew, Goh Yoke (2016) Household Indebtedness in Malaysia: A Survey Evidence. International Journal of Trade, Economics and Finance, 7 (4). pp. 102-104. ISSN 2010023X

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Abstract

Increasing trends in using debts as a mechanism to fill the gap between income and expenditures among Malaysian households motivates this study. This study provides a survey evidence on the indebtedness of Malaysian household, particularly in the types of loans which Malaysian households frequently involved in, whether the debts become a financial burden to the households and whether Malaysian households have any alternative source of income as a financial backup for their main income. The survey shows that most Malaysian households having debts in hire purchase loan, debt service ratio of less than 60% and most of them have no alternative source of income. The survey was done on households in three northern states of Malaysia.

Item Type:	Article
Uncontrolled Keywords:	Debt, debt service ratio, household, Malaysia.
Subjects:	H Social Sciences > HG Finance
Divisions:	School of Economics, Finance & Banking
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	12 Dec 2018 06:16
Last Modified:	12 Dec 2018 06:16
URI:	https://repo.uum.edu.my/id/eprint/25293

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