Search results for Loan comparison
Fintech
On2U firms, savings banks linked-investment loans top 500 billion won, expand lending to mid-low credit borrowers
Cumulative personal credit loans jointly supplied by online investment-linked finance firms and savings banks have exceeded 500 billion won, with most users classified as mid-to-low credit borrowers and the delinquency rate below 1 percent. The Korea Online Investment-Linked Finance Association put the total at 502.2 billion won as of July 3. It said the average interest rate is 11.95 percent a year and the average borrower credit score is 739.
Finance
Post offices and internet banks to step up joint loans to fill regional finance gaps
Post offices and internet banks in South Korea are moving to fill gaps left by shrinking bank branches, expanding access to loans for older people and local small merchants through nearby counters and mobile apps. The Financial Services Commission announced measures including a post office bank agency pilot, joint loans between regional banks and internet banks, and local government-linked mutual aid insurance. The plan also includes preferential loan terms and support to launch joint-loan products by 2027.
Finance
Kple lists loan refinancing product on Naver Pay and KB Alda
PFCT said on July 6 that Kple\'s personal credit loan refinancing product has been newly listed on Naver Pay and KB Alda\'s loan comparison services, following its listing on Kakao Pay, and has begun full-scale service. The product is designed to replace existing high-interest debt with lower-interest loans, and allows borrowers to apply for a new loan if additional funds are needed, depending on credit and limits.
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Finance
Mid-rate livelihood stability loan launched for mid-to-low credit borrowers, up to 10 million won
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Finance
Fintech shaken by loan curbs scrambles for new business
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Finance
Korea online-only banks near 60 million customers as focus shifts from scale to profitability
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
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Finance
KakaoBank adds self-employed collateral loan to Naver Pay loan comparison
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Finance
Hana Financial expands Hana Money platform to broaden everyday finance services
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Finance
Pinda obtains ISMS certification for information security management system
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Finance
Naver Pay opens credit loan refinancing service for sole proprietors
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Finance
Woori Bank launches \'Woori Boss Loan\' to cut small merchants\' financing burden
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Finance
Toss launches credit loan refinancing for small business owners with nine financial firms
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Finance
Banks, fintech brace for battle over refinancing for sole proprietors
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Finance
Hanpass seeks first overseas remittances IPO amid Middle East uncertainty
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Finance
Naver Pay launches Loan Interest Rate Care service
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Finance
KakaoBank posts record annual net profit, up 9.1 percent
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Finance
KB Kookmin Bank steps up inclusive finance with debt workouts, counselling and rate cuts