Debt management agency’S 3P formula promotes responsible ‘Buy Now, Pay Later’ usage amid growth
KUALA LUMPUR (March 17): The Credit Counselling and Debt Management Agency (AKPK) has introduced the 3P formula — Purpose, Payment Capacity and Payment History — to guide individuals in making responsible credit decisions, particularly in short-term financing like ‘Buy Now, Pay Later’ (BNPL). AKPK, in a statement on Monday, emphasised that the agency is committed…









