Debt problem getting worse, say analysts

Large number of unsecured loan borrowers use more than 50% of income for repayments

The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics.

The figure includes both credit card and personal loan borrowers, with credit limits of 10-25 times their monthly income.

As a result, more than 50% of their income is used for debt repayments, said the economic analysis arm of…