Woori Card Archives | Be Korea-savvy
Credit Card Companies Facing Criticism Over High-Interest Loans

Credit Card Companies Facing Criticism Over High-Interest Loans

SEOUL, April 11 (Korea Bizwire) – Seven major credit card companies are being accused of exploiting their customers after reports emerged showing they profited handsomely from high-interest loans despite prevailing low interest rates. Low interest rates in South Korea are seeing credit card companies enjoy some of the biggest profit spikes in recent years, with some [...]