| Mobile Web

Finda preferred subprime-loan brokerage contracts top 100 billion won in 10 months

Finda\'s cumulative contracted amount for its loan brokerage service for preferred subprime lenders has topped 100 billion won about 10 months after launch. About 90% of users were mid-to-low credit borrowers with credit scores in the 500 to 700 range. Finda said the cumulative amount reached about 101 billion won as of Aug. 26. It partners with 17 of 23 preferred subprime lenders selected by the Financial Supervisory Service.