Securities & Finance |
[서울=뉴스핌] Reporter Kim Yeon-soon = The emergency livelihood loan, which lends up to 1 million won to the vulnerable in need of money urgently, is gaining explosive popularity. As the demand for loans for living expenses is exploding, even though it is small, reservations are closing early every week depending on the regional center.
According to the financial sector on the 2nd, the pre-reservation application for small living expenses loans this week is from the 5th to the 7th. If a pre-consultation reservation application is received, you can receive face-to-face counseling for the next four weeks, from the 10th of the coming month to the 4th of the next month.
[출처=소액생계비대출 신청 홈페이지]
On the first day of accepting reservations for pre-consultation, the financial authorities and the Small Finance Promotion Institute (Seo Geum-won) changed the reservation method when the reception server was paralyzed due to a congestion of applicants. Loan applicants can make reservations for consultations for the next four weeks on Wednesdays and Fridays, which are the application days. To receive a small living expenses loan, you must make an appointment for a consultation in advance. After reserving a consultation date through Seogeumwon, you can receive a loan only after face-to-face consultation.
On the 22nd of last month, the first day of pre-consultation reservations, access to the homepage of the Small Finance Promotion Institute was delayed and the call center connection was not smooth, and applicants were flooded. According to the data submitted by Choi Seung-jae, Member of the National Assembly’s Political Affairs Committee, from the Small Finance Promotion Institute, a total of 25,399 applications for pre-reservation of small living expenses loans were received from the 22nd to 24th. This means that there are so many people who have difficulty finding even 500,000 won or 1 million won right away.
Small living expenses loans are gaining explosive popularity because you can get a loan even if you have a history of delinquency or proof of income cannot be confirmed. Even before the launch, there was controversy over high interest rates, such as a small limit of up to 1 million won and an interest rate approaching 16%, but the weekly pre-consultation reservation is closed early. The average number of loan counselors per day is 1,200, and the loan amount is estimated at 640,000 won per person.
Choi Seung-jae, a member of the People’s Power, said, “80% of applicants for a small living expenses loan of 1 million won are in their 30s and 50s.” said.
The small living expenses loan is expected to benefit about 100,000 people by adding 50 billion won from the Korea Asset Management Corporation and 50 billion won from the bank to a total of 100 billion won. As demand for loans explodes, financial authorities are considering raising additional funds.
On the 31st of last month, Financial Services Commission Chairman Kim Joo-hyun said, “83% of the counselors were practically connected to job placement, welfare support, and debt restructuring,” and said, “We are thinking about raising additional financial resources internally and reviewing various plans.” revealed
On the other hand, the small living expenses loan is a loan product newly launched by the Financial Services Commission to minimize damage from illegal private finance. Eligible applicants are adults over the age of 19 who are in the bottom 20% of credit ratings and earn less than 35 million won a year. The support limit is up to 1 million won, and if you receive an initial loan of 500,000 won and pay interest faithfully for 6 months, you can borrow up to an additional 500,000 won. The maturity period is 1 year and can be extended up to 5 years. Applications can be made by visiting 46 microfinance integrated support centers across the country.
y2kid@newspim.com
