<Anchor> As



inflation rises like this, interest rates are rising day by day, putting a strain on the economy of low-income families. There is also a forecast that the interest rate on home mortgage loans will reach the 6% range by the end of the year, and the interest burden is growing, especially as self-employed people are flocking to high-interest rate products such as savings banks due to the government's loan regulation.



Reporter Jeong Da-eun.



<Reporter> The



interest rate on KB Kookmin Bank's credit loan rose 0.21%p in a week from 3.68% to 4.68%.



The fixed rate products for mortgage loans at four commercial banks rose by 1 percentage point in a month to a maximum of 5.37%.



The interest rate of bank bonds, which is the basis for calculating interest rates, has risen and the government's loan regulations are also causing interest rates to rise sharply.



In particular, the self-employed are flocking to loans from savings banks and credit card companies, which have higher interest rates from secondary financial institutions.



Mr. A, who runs a pub, was unable to pay rent and living expenses with only bank loans and government subsidies, so he received a loan from the second financial sector.



[Mr. A/Self-employed: Because it is not possible in 1 financial sector. And no income. Capital now receives almost 70 million won, and card



loan

is 9.5 million won.]

Last August, the personal business loan balance was about 1 trillion won, up 21% from the end of 2019, before Corona 19.



Among the loans received by individual entrepreneurs, there were many household loans, but it is analyzed that the lack of business loans was blocked by personal credit loans.



In August, the rate of increase in household loans to individual business owners was the highest at 15.5% compared to the same period last year, followed by capital, insurance and cooperatives.



[Yunhae Oh / Research Fellow, KDI Market Policy Research Department: If interest rates are further raised in the future and DSR regulations in the banking sector are strengthened, the interest burden of self-employed people who are suffering from lack of funds due to accumulated COVID-19 damage may increase.]



Within this month, the Bank of Korea It is highly likely that this base rate will be raised further, so it is urgent to prepare measures to manage debt for vulnerable borrowers such as the self-employed.