[뉴스워치] It was found that the proportion of people in their 20s and 30s among newly borrowed people this year has increased. The average loan amount of new borrowers (borrowers) in that age group increased by nearly 20% this year, showing the highest growth rate across all age groups.
The amount of debt held by new borrowers was 3.7% of the total. This is a 0.4 percentage point increase from last year (3.3%). This is the effect of a 17.3% increase in the average loan amount of new borrowers from 39.09 million won last year to 45.84 million won this year.
In particular, the debt of new borrowers in their 30s and younger this year accounted for 55.3% of the total, higher than last year (52.4%), and the rest of the age groups decreased at once.
The debt growth rate of new borrowers under 30 also surpassed all other age groups. As of the third quarter of this year, their average debt holding amount was 43.55 million won, which is less than that of other age groups. The average debt under 30s (36.32 million won) increased by 19.9% compared to the same period of the previous year for new lenders.
Such an increase rate exceeds △40s (53.93 million won, 16.9%↑), △50s (46.77 million won, 14.4%↑) and △60s and above (4.61 million won, 12.9%↑).
According to the Bank of Korea’s Household Debt Database (DB) on the 26th, the number of new borrowers accounted for 6.7% of all borrowers until the third quarter of this year, down from 7.1% last year.
By age group, the share of all new borrowers in their 30s or younger was 58.4% (based on the number of borrowers) until the third quarter of this year. This share has been increasing every year since 49.5% in 2017.
On the other hand, the proportion of new borrowers in their 40s decreased from 19.4% in 2017 to 14.9% this year, and also in their 50s (16.9% → 13.8%) and 60s or older (14.2% → 12.9%). The pattern was similar when based on the amount of debt held.
Bahn explained, “Young people tend to have a lot of loans for the first time in their lives due to employment, etc., but recently, as their home purchases have increased rapidly, the size and amount of loans seem to have increased.”
Reporter Kim Joo-kyung newswatch@