It's through. The target will be up to 2.9 million people. On the 11th, Kim Ju-hyun, Chairman of the Financial Services Commission, spoke at a meeting held at the National Assembly building in Yeouido, Seoul.
The government attended a private-government-government council meeting and requested financial institutions to help restore the credit information of those who have repaid their overdue debts in full.
Chairman Kim Jong-un was involved in the International Monetary Fund (IMF) crisis in January 2000 and May 2001, and during the coronavirus crisis.
The report highlights the fact that it has helped vulnerable borrowers recover their credit three times during emergency economic conditions, such as the devastating August 2021, and argues that the financial world should proactively support the recovery of credit information in light of the difficult economic situation.
insisted. Specifically, among those who were in arrears of 20 million won (approximately 2.2 million yen) or less from September 2021 to January 2024 due to the extension of credit forgiveness in August 2021, 2
Support will be provided if the overdue amount is repaid in full by May 2024. The council said that amid the harsh economic conditions due to the effects of the coronavirus pandemic, high prices and high interest rates, financial transactions have been delayed due to a record of delinquency.
We talked to ordinary people and small and medium-sized business owners who are facing difficulties in their economic activities. Yoo Eui-dong, chairman of the policy committee of the ruling party People's Power, Lee Bok-hyun, director of the Financial Supervisory Service, and Cho Young-bi.
Chairman of the Bank Federation, Cho Yong-byeong, and others attended. At this meeting, Chairman Kim Jong-un said, ``In order to support the substantial recovery of debtors in the era of high interest rates, the Credit Recovery Committee will expand the scope of debt adjustment.''
We need to do that,” he said. It also states that ``about 40% of people who are in arrears on their financial debts are in arrears on telecommunication expenses, which are essential to daily life,'' and ``After debt adjustment for financial debts, they will be repaid with the burden of communication expenses.''
In order to avoid falling into a vicious cycle of delinquency and delinquency, it is necessary to carry out integrated financial and telecommunications debt adjustment." For debtors who have a significant lack of repayment capacity, such as basic recipients, we will provide additional support at the beginning of arrears.
The government should actively work on debt adjustment. In response, the financial world will prepare support measures to restore credit as quickly as possible, conclude an agreement as early as next week, and actively implement the measures.
It was to be. It is expected that up to 2.9 million people will benefit from having their overdue records removed. In the credit recovery support provided earlier in August 2021, the average credit score of approximately 2 million people decreased.
The effect of increasing the score by 34 points occurred. Furthermore, approximately 120,000 beneficiaries exceeded the minimum credit score of 680 points in the credit card issuance standards, and 130,000 beneficiaries had an average credit score of new borrowers in the banking area.
It exceeded 866 points. The Financial Services Commission said, ``Target individuals will have their delinquent records deleted and their credit scores will rise, allowing them to engage in normal financial activities such as issuing credit cards and obtaining new loans with good terms.''
Deaf,” he explained.
2024/01/12 06:16 KST
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