Shinhan Bank led South Korea’s major lenders by cutting KRW 7.2 billion ($5.4 million) in interest for consumers in H1 2025 through the interest rate reduction request system, reflecting efforts to ease borrower burdens and support economic recovery.
#YonhapInfomax #ShinhanBank #InterestRateReduction #SouthKorea #ConsumerLoans #KRW72Billion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79956
Shinhan Bank Cuts KRW 7.2 Billion in Interest for Consumers in H1 on Rate Reduction Requests

Shinhan Bank led South Korea’s major lenders by cutting KRW 7.2 billion ($5.4 million) in interest for consumers in H1 2025 through the interest rate reduction request system, reflecting efforts to ease borrower burdens and support economic recovery.

Yonhap Infomax
Reuters - U.S. consumer loan delinquencies seen surging to 13-year high in 2023 - I believe the source not linked in the article is this TransUnion Consumer Pulse Study https://www.transunion.com/consumer-pulse-study#latest-report #loans #delinquencies #ConsumerLoans #debt #financialsystem #Finances #economy

Tuesday #column: How the #DebtTrade and #ConsumerLoans have turned living beyond your means into a sickly artform. #debt #writing

Smartphone Usury; A Post-Feudal Serfdom:
https://wastedwordsweb.wordpress.com/2020/12/08/smartphone-usury-a-post-feudal-serfdom/

Smartphone Usury; A Post-Feudal Serfdom

WastedWords

Been looking into #ConsumerDebt and #ConsumerLoans this morning as part of today's column.

Fucking hell, it's depressing research