S. Korean banks toughen credit loan conditions to control total size of loans
- 3 years ago
은행권 연말 대출 제한 강화...금리 올리고 금액 제한도
South Korean banks are tightening up their eligibility requirements for credit loans.
The number of household loans being taken out has been growing sharply as we approach the end of the year,...especially after the government announced its own plans to stamp out easy credit.
One major lender, KB Bank, is not giving out any new household credit loans exceeding 18-thousand U.S. dollars from today until the end of the year.
The online-only K Bank has raised the interest rate for some of its loans by point-two percentage points.
South Korean banks are tightening up their eligibility requirements for credit loans.
The number of household loans being taken out has been growing sharply as we approach the end of the year,...especially after the government announced its own plans to stamp out easy credit.
One major lender, KB Bank, is not giving out any new household credit loans exceeding 18-thousand U.S. dollars from today until the end of the year.
The online-only K Bank has raised the interest rate for some of its loans by point-two percentage points.