Record Number of South Koreans Resort to Debt Settlement

SEOUL, Jan. 19 (Korea Bizwire) – The number of South Koreans applying for debt settlement last year reached an eight-year high. According to a new report from the Credit & Recovery Counseling Service on Friday, the number of South Korean debt holders who negotiated a debt settlement amounted to 103,277 last year, up 7.2 percent from [...]