Gyeonggi Offers Up to 2 Million Won to Illegal Lending Victims
Gyeonggi Province will lend up to 2 million won at 1% annual interest to low-credit residents harmed by illegal private lending, with applications open… Gyeonggi Province is accepting applications for loans to residents with low credit scores who have fallen victim to illegal private lending. The GyeongGI Ultra-Low Credit Loan 2.0 program aims to prevent residents from relying on high-interest or illegal loans again. Successful applicants can borrow up to 2 million won each after a review, with repayment terms up to 10 years. The program is funded by 1 billion won. Applicants must be residents aged 19 or older, rank in the bottom 10% by credit score and have lived continuously in GyeONGgi Province for at least one year. Some applicants are excluded from applying, including those from overseas, foreign nationals, and those who have not repaid the loan. The province plans to continue supporting borrowers after the loans are issued, resolving debt problems through in-depth counseling and connecting them with financial, welfare and employment services tailored to their circumstances.
Yayınlanan : 10 saat önce ile Suwon - Son Dae-Seon içinde Finance
SUWON — Gyeonggi Province said on the 26th that it is accepting applications for loans to residents with low credit scores who have fallen victim to illegal private lending, under a program called the... [3633 symbols]
