Finance
Finnq expands government-backed loan assessment service for middle- and low-credit borrowers
Hana Financial Group’s lifestyle finance platform Finnq is expanding a service that checks the availability of policy finance products such as Haetsal Loan and Saetdol for middle- and low-credit borrowers. Finnq said 98 percent of users assessed as likely to be approved were actually approved. It reported average annual incomes and credit scores for users by product, and said policy-support loan contracts for users with credit scores of 700 or lower rose 259 percent from the first half of last year.
