Search results for Credit Recovery Commission
Finance
Cucon builds face-to-face financial MyData for Credit Recovery Commission, first in public sector
Cucon has set up an environment to use financial MyData at counselling counters in 52 nationwide branches of the Credit Recovery Commission. Cucon said on Sept. 7 it completed the commission’s project to introduce MyData in the financial sector, the first case of applying financial MyData in the public sector. The system allows identity verification, personal credit data transmission requests and financial information inquiries to be handled at once, reducing the burden of submitting documents.
Games & Commerce
Korea Post launches \'Saero Bom\' public savings product for financially vulnerable
A Korea Post public savings programme aimed at helping financially vulnerable people build assets and return to financial activity will begin. The Ministry of Science and ICT\'s Postal Service will run the \'Saero Bom Post Office Public Savings\' programme from June 10. Participants who pay at least 30,000 won each month for six months will receive a 500,000 won achievement grant, with an additional 100,000 won available after completing financial literacy education.
Finance
KakaoBank expands support for financially distressed youth with \'Project Again, Spring\'
KakaoBank said on Wednesday it signed an agreement with the Social Solidarity Bank and the Credit Recovery Commission to expand support for youth seeking independence amid financial distress through \'Project Again, Spring\'. The project targets people aged 19 to 39 who have difficulty using financial services or are undergoing debt restructuring, aiming to help them restore credit and return to the formal financial system. The Social Solidarity Bank will provide low-interest loans and financial education.