President Moon Jae-in said, "Financial authorities should carefully manage the supply of jeonse loans and remaining loans for end-users to the front-line bank branches without any setbacks."
As a result, it is predicted that the measures for Jeonse funds being prepared by the financial authorities will be further strengthened.
President Moon made the following remarks in relation to the Financial Services Commission's position to ensure that jeonse loans to ordinary consumers are not suspended, Blue House spokeswoman Park Kyung-mi said in a written briefing.
Earlier on the morning of the 14th, Koh Seung-beom, chairman of the Financial Services Commission, met with reporters on the morning of the 14th and said, "We will protect end-users so that jeonse or group loans are not interrupted." We will respond,” he said.
In particular, Chairman Koh explained, "I plan to respond flexibly in managing the total amount of cheonsei loans during the fourth quarter of this year so that the jeonse loans used by end users are not interrupted."
He also emphasized that "even if the growth rate of household loan balance exceeds the management target (6% range) due to the increase in jeonse loans, we will try to tolerate it."
It is observed that the measures to supplement household debt, scheduled to be announced next week, will include measures to consider end-users to prevent bona fide victims such as jeonse loans as well as loan management measures that the financial authorities will focus on repaying capacity such as DSR and total debt repayment ratio.
On the other hand, on the issue of minors inheriting large debts after the death of their parents, President Moon said, "Seek to improve the system to protect minors from the inheritance of debt, including administrative measures that allow minors to be fully informed about the inheritance system." and instructed.
(Photo = Yonhap News)