Records of Loan Repayments for 2.9 Million Individuals Set for Removal due to Overdue Status

SEOUL, Jan. 11 (Korea Bizwire) – The government and the ruling People Power Party (PPP) agreed on Thursday to expunge records of overdue loan repayments for small business owners and those in vulnerable groups if they repay all of their debts by May. The “credit pardons” will be granted to individuals with 20 million won [...]