◀ Anchor ▶
Household debts rose rapidly and hit a record high.
Although the government tightened the regulations on loans, mortgage and credit loans are seldom rising.
Reporter Cha Ju-hyuk reported.
◀ Report ▶
At the end of the fourth quarter of last year, household debt, or household credit balance, recorded KRW 1,726 trillion and reached an all-time high.
In particular, only household loans excluding card payments rose more than 44 trillion won from the previous quarter, the largest increase since statistics were written.
As the asset market is heating up as well as the life tragic caused by Corona 19, investment demand such as dynamism and debt are rushing to increase the size of debt.
In the fourth quarter, the balance of mortgage loans increased by over 20 trillion won in one quarter, and other loans, including credit loans, also increased by over 24 trillion won compared to the previous quarter, recording the largest increase since the statistics were prepared.
Various measures are being taken to reduce household debt, but the rapid increase is seldom caught.
An official from the Bank of Korea explained that although a regulation on credit loans was announced in November last year, it seems that it will take some time for the effect to take effect.
The financial authorities are also planning to announce plans to advance household debt next month, including strengthening the DSR regulation that measures the ratio of principal and interest repayment to income for each borrower.
However, for self-employed and small business owners who were directly hit by Corona 19, we also decided to implement additional maturity extensions and deferred interest repayment measures so as not to be damaged by this loan regulation.
This is Joo-Hyuk Cha of MBC News
MBC News is waiting for your report 24 hours a day.
▷ Phone 02-784-4000
▷ Email [email protected]
▷ KakaoTalk @mbc report