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[경제]3rd extension of household debt ‘principal repayment deferral’…”Re-application possible”

[앵커]

The grace period for principal repayment for debtors who have difficulty repaying their debts due to COVID-19 has been extended for another six months.

This is the third extension, and debtors who have already benefited from deferment may reapply.

Let’s connect with a reporter to see more details. Reporter Jo Tae-hyun!

The financial authorities decided to extend the system for deferring principal repayment for a third time?

[기자]

Since April of last year, the Financial Services Commission has been operating a plan to strengthen recovery support for vulnerable individual debtors.

This is a special case for those who have difficulty repaying their household loans due to unpaid leave or unemployment due to COVID-19.

It was extended twice at the end of last year and in June to operate the system until the end of this year, but considering the impact of COVID-19, it has been extended for another six months until June 30 next year.

Credit loans, Sunshine Loans, and Siddol Loans are eligible.

If your monthly income is less than your monthly debt, you can defer your principal payments for up to a year.

Debtors who have already received one-year repayment deferral can apply again from January next year.

This includes credit loans received by sole proprietors in their own name.

However, secured loans or guaranteed loans are not eligible for support.

In addition, the financial authorities decided to suspend the collection of personal overdue receivables if they were transferred from a financial company to the Korea Asset Management Corporation or Camco.

In the future, the government will continue to provide financial support to vulnerable sectors until the COVID-19 is overcome, and will promote measures to help individual debtors recover.

Until now, this is Taehyun Cho from YTN at the Ministry of Economy.

YTN Cho Tae-hyun (choth@ytn.co.kr)

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]

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