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Growing of Young S. Koreans Borrowing from Non-banking Financial Sectors

Growing of Young S. Koreans Borrowing from Non-banking Financial Sectors

SEOUL, July 15 (Korea Bizwire) — The value of loans issued to young South Koreans from the non-banking financial sector is on the rise, with some being pushed into declaring bankruptcy. Rep. Jin Sun-mee of the Democratic Party shared a report from the Financial Supervisory Service that showed young South Koreans under the age of [...]