Financially Vulnerable Groups with Good Mobile Payment Records to Have Easier Access to Loans

SEOUL, Apr. 3 (Korea Bizwire) — Homemakers, university graduates, and other financially vulnerable groups will be able to qualify for loans more easily if they have been paying for their mobile plans diligently. The Financial Supervisory Service (FSS) announced on Tuesday that five major banks in South Korea will consider mobile payments and non-financial information [...]