Young South Koreans Struggle to Cover Microloan Interest Payments

SEOUL, Aug. 22 (Korea Bizwire) — A growing number of young South Koreans are struggling to cover even modest monthly interest payments due to job instability, data showed Tuesday. Some 24.5 percent of South Koreans in their 20s, who availed microloans for their sustenance, faced difficulties in meeting interest obligations as of Aug. 4, according [...]