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Banksalad says loan refinancing cut average interest by 560,000 won in 3 years

Banksalad on Monday released customer benefit data to mark the third anniversary of its loan refinancing service. The company said users saved an annual average of 560,000 won in interest, with an average rate cut of 4.2 percentage points and an average refinancing amount of 16.8 million won. It also cited cases of larger savings and said borrowers moving from second-tier lenders to top-tier lenders saw credit scores rise by 50 points on average.