Yonhap Infomax NewsMar 21
President Lee Jae-myung urges voluntary repayment of business loans misused for real estate purchases, warning borrowers face criminal fraud prosecution and tax audits if they wait for forced collection by Financial Supervisory Service and National Tax Service joint investigation.
#YonhapInfomax #PresidentLeeJaemyung #BusinessLoans #RealEstateFraud #NationalTaxService #VoluntaryRepayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111271
Yonhap Infomax NewsDec 16
South Korea’s financial regulator has called on credit card companies to lower high interest rates on business loans, which average 14.07%, as authorities seek to curb non-bank lenders’ focus on high-margin lending and promote more productive finance.
#YonhapInfomax
#FinancialServicesCommission #BusinessLoans #CreditCardCompanies #InterestRates #ProductiveFinance
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https://en.infomaxai.com/news/articleView.html?idxno=95637
Financial Regulator Targets High Interest Rates on Card Company Business Loans—How High Are They?

South Korea’s financial regulator has called on credit card companies to lower high interest rates on business loans, which average 14.07%, as authorities seek to curb non-bank lenders’ focus on high-margin lending and promote more productive finance.

Yonhap Infomax
MercyjaanSep 25, 2025

Online Business Loan: Payroll Loan vs Personal Loan – Which One is Right for You?

A payroll loan is another term for urgent financing that helps companies pay employee wages when they lack cash against tight flow.

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magneton2150 at KillBaitSep 18, 2025

Former Business Leader Banned for Misusing COVID-19 Loan Scheme

Anna Daroy, the former interim director general of the Institute of Directors (IoD), has been banned from serving as a company director for 11 years. The ban stems from her misuse of the COVID-19 bounce back loan scheme, where she received a £50,000 loan overpayment by obtaining two loans from diffe... [More info]

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CMS Business FinanceJul 28, 2025

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Best Machinery Loan in Chennai - CMS Business Finance

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Yonhap Infomax NewsJul 25, 2025
South Korea's financial regulators are tightening oversight on business and online investment-linked loans to curb household debt growth, as recent measures show signs of slowing loan expansion and moderating apartment prices in Seoul.
#YonhapInfomax #HouseholdDebt #FinancialServicesCommission #BusinessLoans #OnlineInvestmentLinkedFinance #JeonseLoans #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73832
'Household Loan Growth Slows—Financial Regulators to Tighten Oversight on Business and Online Lending'

South Korea's financial regulators are tightening oversight on business and online investment-linked loans to curb household debt growth, as recent measures show signs of slowing loan expansion and moderating apartment prices in Seoul.

Yonhap Infomax
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Yonhap Infomax NewsJul 3, 2025
South Korea’s financial regulators have launched a coordinated crackdown on illicit real estate transactions, targeting circumvention of new household loan rules through parental gifting and misuse of business loans, with immediate loan recalls and bans for violations.
#YonhapInfomax #FinancialServicesCommission #HouseholdDebt #RealEstateTransactions #ParentalGifting #BusinessLoans #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70627
Financial Regulators to Crack Down on Circumvented Loans and Parental Gifting Schemes

South Korea’s financial regulators have launched a coordinated crackdown on illicit real estate transactions, targeting circumvention of new household loan rules through parental gifting and misuse of business loans, with immediate loan recalls and bans for violations.

Yonhap Infomax