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Gov’t to Give Customers Right to Request Interest Rate Cut from Lenders

Gov’t to Give Customers Right to Request Interest Rate Cut from Lenders

SEOUL, Jan. 19 (Korea Bizwire) — The government plans to activate the customer’s right to request an interest rate cut from credit card and credit finance firms. The right to request an interest rate cut represents the borrower’s right to demand that financial companies lower interest rates when their wealth or credit conditions improve. The Financial [...]