Tag: overdue

overdue

Latest News

Advertisements for credit card loans are seen on a street wall in Seoul on Sept. 5. [YONHAP]

Overdue credit card loans reaches record high, nearing $1 billion

The amount of overdue credit card loans in Korea has surged to a record high, nearing 1.5 trillion won ($1.06 billion), according to recent government data.

2025.10.20

Overdue loans for self-employed skyrocket 49.7%

The overdue loans for 3.36 million self-employed jumped 49.7 percent to 27.38 trillion won ($20.57 billion) as of the end of December from 18.29 trillion won a year earlier.

2024.3.4

Most popular

Why overdue wages?

Korean workers’ overdue wages exceeded 1 trillion won ($740.2 million) in August. That makes the livelihood of the working class sad.

2023.9.26

Evolving criterion for insolvency (KOR)

The criterion for determining insolvency is whether the payment is overdue. But when interest is not received, let alone the principal, insolvency cannot be confirmed.

2022.10.11

Evolving criterion for insolvency

The criterion for determining insolvency is whether the payment is overdue. But when interest is not received, let alone the principal, insolvency cannot be confirmed.

2022.10.10

Tag: overdue

overdue

Latest News

Overdue credit card loans reaches record high, nearing $1 billion

Overdue loans for self-employed skyrocket 49.7%

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Why overdue wages?

Evolving criterion for insolvency (KOR)

Evolving criterion for insolvency