Although the government has loosened regulations on jeonse loans for end users, it is expected to come up with strong measures to supplement household debt, such as increasing the amortization ratio.
Although end-users such as jeonse loans will be protected, the policy stance of strengthening household debt management is expected to be maintained, and there is also an expectation that a cold wave of loans may strike.
On the 26th, the Financial Services Commission plans to announce a plan to manage household debt, which will include early expansion of regulations on the total debt, interest and interest repayment ratio, installment repayment, and strengthening of loan review.