Banknote “The official letter of’Loan Inquiry’ by Governor Lee Jae-myeong, the leading presidential candidate, was a clear’request’.”

Input 2021.03.09 15:24 | Revision 2021.03.09 15:29

Gyeonggi Shinbo sends an official letter to the bank for basic loan inquiries
If this is not possible, the reason is required to be written in each case.
Banknote “If you didn’t know you might feel burdened, you lack common sense”

“It is the Gyeonggi Credit Guarantee Foundation that promotes basic loans for Gyeonggi-do, but it is the policy of Gyeonggi Governor Lee Jae-myeong. is not it?”

“I think most banknotes are unrealistic about the plan of the Gyeonggi-do type basic loan, but it is difficult to answer the Gyeonggi news report. If it was a simple’inquiry’, there would be no way to send an official letter.”

The official letter on basic loans promoted by Governor Lee is controversial. Regardless of the creditworthiness, this letter was sent to each commercial bank asking if it could open a product that lends up to 10 million won for 10 years at an annual interest rate of 3%, and the banks were concerned that it was a product that could cultivate massive insolvency.

After Chosun Biz reported this on the 5th, the Governor said, “The official letter sent to the bank was inquiring about the availability.” Reporters or desks can’t know the difference between things, so it has no choice but to be an intentional manipulation report,” he argued. “If the bank decides it’s dangerous, stop it,” he added.

However, the banknote, which is the subject of the official letter, is in a position that the official letter sent by the Gyeonggi Shinbo can only be felt as a request. It is Gyeonggi-do’s key pursuits led by Governor Lee, who competes for the 1st and 2nd place in the polls for the next presidential candidate, and it is bound to come as heavy as the request to review the’application of exception management’ is also included.

◇ Gyeonggi newsletter requested for’application of exception management’… Banknote “A burdensome demand”

Gyeonggi Shinbo recently sent a’Gyeonggi-do type basic loan pilot operation (proposal)’ to each commercial bank.

For Gyeonggi-do citizens aged 25-26 or marriage-age age, it was suggested to consult with Gyeonggi-do on the opening of financial products that lend 5 to 10 million won per person at an annual interest rate of 3%, regardless of creditworthiness, for 10 years. The Gyeonggi Shinbo offers a 100% guarantee, and in the case of a temporary repayment-type loan, it also includes a plan to operate so that the principal and interest can be paid back 10 years later.

The banknote that received the official letter responded that it was difficult. It is fundamental in finance that loan interest rates are determined according to the credit score, and it is judged that large-scale insolvency is inevitable if a low interest rate of 3% is applied to those with a low credit score while ignoring this.

Banks thought it was a difficult product to implement, but they could not immediately respond to the official letter of the Gyeonggi News. The phrase contained in the official letter, “We ask for all-round review and opinions, such as applying exceptions, taking into account that Gyeonggi is also an important project,” raised the burden.

An official from the banking sector said, “The inquiries by the influential presidential candidate even requested’application of exception management’, and the inquiries sounded like’find a method somehow’.” Pointed out.

When such a reaction to the bank became known, Governor Lee said on his Facebook page on the 6th, “The official letter sent by the Gyeonggi Credit Guarantee Foundation to the bank was inquiring about the availability of the bank.” With a payment guarantee, it is safe because there is no need to consider the risk of insolvency due to creditworthiness, but nevertheless, if the bank does not judge it as dangerous, it is enough.”

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At the same time, the Governor released an official letter sent by the Gyeonggi Shinbo to the bank, saying, “Please decide whether it was a’request’ or a’inquiry’. There were a number of items that could be felt as pressure on the bank in the area that this branch arbitrarily obscured.

The Gyeonggi Newsletter made a table for all items of basic loan products such as support targets, support limits, loan method and period, and interest rates, and asked the bank to indicate’possible or not’. If the bank decides that it is impossible, the reasons for that are also required to be entered. For example, if a bank cannot lend a loan to a’delinquent person, etc. registrant of bad transaction information’, it means that it must explain to the Gyeonggi News why it made such a decision.

An official in the banking sector said, “If you don’t, it’s okay, but if it’s actually possible to reject it so easily, why would banks worry?” Another industry insider pointed out, “It can be seen that this branch has sought the public’s judgment by revealing only the parts that can be seen as simple inquiries.”

◇ Basic loans that cover risks with taxes… Cadastral Map of Raising the Burden of the People

The explanation that Lee Governor “guarantees 100% repayment of the principal and has no risk at all” is also fueling controversy. The reason is that it is a statement that does not take into account the various risks arising from the process of executing the loan and receiving the principal back.

An official from the bank said, “In the event of a loss of principal, you have to apply for a’subrogation’ to repay the money instead of the Gyeonggi New News, but this must also meet the conditions and it will take some time to receive the money.” “There is a risk that the bank will be unable to respond in a timely manner because it is impossible to know whether it is insolvent or not.”

Another banking official also said, “If all the problems were solved with just the guarantee of the principal, the Gyeonggi Shinbo wouldn’t have had to send an official letter to the banks to ask for their opinions.”

Some point out that the Gyeonggi Shinbo’s money to guarantee principal is also a tax, raising the burden of the people. An official from the banking sector said, “In the end, the risk of giving out loans to low-credit people is filled with taxes.” I will.”