◆… Photo = Provided by Yonhap News
Since the government’s implementation of the 6.27 household debt management plan, credit loan regulations have spread to the second financial sector, and the reduction of low -low creditors is rapidly drying up.
According to the financial industry on the 3rd, the limit of mortgage loans in the metropolitan area and regulatory areas is limited to a maximum of 600 million won, and credit loans are being tied to the borrower’s annual income, and the ‘loan cliff’ is becoming clear.
Some voices say that this regulation is directly blowing to mid -low creditors with high demand for loan.
The owners who have been raising emergency funds using credit loans or card loans have faced a situation in which loans are refused or the limit is greatly reduced. In some savings banks, credit loan approval is reported to have dropped by nearly 70% compared to usual immediately after regulation.
An official of the savings bank said, “The demand for loans soared on the 27th of last month, the day before the enforcement of the regulation, but the approval rate plunged from the 28th after the regulation was applied, and on July 1, the three -stage stress DSR was implemented. In fact, some savings banks showed that credit loan approval rate was reduced by 50-80%p more than usual.
Card loans are also classified as credit loans and were included in regulations. Card theories, which have been classified as ‘other loans’, are decided by the credit loan in accordance with the decision that the loan is similar to the credit loan in that the loan is made without credit.
As a result, borrowers who have already received credit loans in banknotes will not be able to use additional card loans.
In particular, as the funds of vulnerable borrowers who need to be feeding are blocked, concerns about the inflow into loans or illegality finance are becoming a reality.
An official in the card industry said, “Card loans were the only loan of low -credit lending, and it is expected to be greatly damaged by regulations.”
Insurance contract loans are no exception. The government included insurance loans in regulations through the implementation of the three -stage stress DSR system, and insurers also started to reduce the limit.
Nonghyup Life Insurance has reduced the limit of lifetime pension products to 50%from 95%of the drug refund, and Samsung Fire has lowered the limit of some terms and conditions to 30%.
An official in the insurance industry said, “If the short -term loan demand is concentrated, it can also have a negative impact on the financial soundness of the insurance company.”
On the other hand, exceptions to credit loan regulations included products for the common people, such as the annual income of less than 35 million won, and the acquisition of debt such as emergency life stability and inheritance.
The Financial Services Commission will deliver these guidelines to the financial sector and distribute a guidebook that contains practical interpretations. However, the criteria for commercial banks are still jagged. While some banks do not include whether they include credit loans of policy financial products, other banks are included for conservative approaches.
As the credit loan threshold rises, the owners are turning to the mortgage -based loans. The number of inquiry of the car mortgage loan (Jadamdae), which was collected by cars, exceeded 13 million in the second quarter, the highest ever.
Due to the collateral, Jachadam, which has a relatively high accessibility of loans, is formed at a rate of 4.9 ~ 17.9%per year, and is attracting attention as a new fund of low -low creditors.
However, on -to -to -up (P2P finance) and loan business are also attracting attention as a means of regulatory bypass, but there are limitations such as high interest rates, low approval rates and limited funding.
In fact, the average interest rate of on -to -up is about 10.2%, lower than the average real estate mortgage rate of 13.8%, but the borrower’s ability to repay the repayment ability is not easy.
An official of the industry pointed out that “if it is rejected in the on -to -up, it is a rescue that will eventually be pushed into the debenture market if it is rejected in the loan business.”
Meanwhile, the government plans to suppress speculative loans and to switch to real demand -oriented loan structure through high -intensity loan regulations that include card loans.
JJ0621@joseilbo.com
