First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam
First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam

Banking & Finance

Business /  Banking & Finance

Gen-Zs in their 20s are fastest-growing group of loan borrowers, spurred by cheap and easy money

Gen-Z and the Millennials have turned into the biggest borrowers of the economy, spurred by the proliferation of smartphone-enabled credit facilities and low interest rates

Topic |   Banking & Finance
Dorothy Ma
Dorothy Ma

Updated: 10:53pm, 10 Jun, 2018

Why you can trust SCMP
First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam
First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam
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