As the number of negative bankbooks and negative card loans (card loans) in their twenties continued to increase, the loan balance in the first half of this year exceeded KRW 2 trillion.



According to data received from the Financial Supervisory Service by Jae-soo Jeon of the Democratic Party, a member of the National Assembly's Political Affairs Committee, the balance of loans in their twenties using negative financial products amounted to KRW 2.14 trillion as of the end of June.



This is an increase from KRW 1.97 trillion at the end of 2018 and KRW 2.73 trillion at the end of 2019.



By business sector, the bank's negative bankbook loan balance as of the first half was KRW 2.76 trillion, an increase of KRW 60.8 billion (3%) from the end of last year.



Savings banks increased by 10.4 billion won (20.2%) to 62 billion won compared to the end of last year, and negative credit card loan balances of credit finance increased by 100 million won (1.5%) to 6.8 billion won.



In particular, in the case of savings banks, the total negative bank loan balance decreased by 16.5% from the end of last year, but it is notable that only in their twenties increased by 20.2%.



It is interpreted that young people are being driven to the second financial sector, where loans are easier than banks.



The number of people in their twenties using negative bankbook loans by banks was 177,000, and they had an average of 11.7 million won per person.



Savings bank loans are 14,745 and 2,999 loans.



It is estimated that each person has an average of 4.2 million won and 2.27 million won in loans.



New handling of negative products in their 20s is also on the rise.



It increased by 11.2% from 2.53 trillion won in 2017 to 2.8138 trillion won in 2019, and recorded 1.76 trillion won in the first half of this year alone.



The problem is that debt adjustment applications are also increasing.



The number of people in their twenties who applied for debt adjustment to the Credit Recovery Commission increased 30.8% from 9,519 in 2015 to 12,455 last year.



As the economic downturn and employment difficulties prolonged, debts in their twenties are increasing, and the number of young people who are degrading to defaults on financial debts (credit defaults) is on the rise.



Rep. Jeon Jae-soo said, "It is the reality that young people in their 20s choose negative bankbooks and negative cards after paying student debt. It is time to come up with comprehensive measures such as strengthening support projects to reduce youth debt." .