Borrowing to Invest: ‘Bittoo’ Booms Among University Students and Job Seekers with No Stable Income

SEOUL, Feb. 5 (Korea Bizwire) — South Korea’s ‘bittoo’ fever is spreading rapidly, even to university students and job seekers with no stable income. Bittoo is the Korean term for borrowing to invest. This fever engulfed the country starting from last year with lots of people in their 20s and 30s taking out loans to [...]