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    Home » In August last year, a man in his 40s borrowed 1 million won from an illegal company and provided ab..
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    In August last year, a man in his 40s borrowed 1 million won from an illegal company and provided ab..

    userBy userMarch 19, 2025No Comments3 Mins Read
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    Financial Supervisory Service Victims of Fertility Disclosure of consultation and support cases Last year’s report increased by 12% Legal assistance when contacting the center

    In August last year, a man in his 40s borrowed 1 million won from an illegal company and provided about 100 acquaintances’ contacts. When A failed to pay back his debt on the repayment date, the company opened a group chat room with his acquaintance’s contact information and caused pain by informing him of A’s debt and contacting his spouse’s workplace.

    The Financial Supervisory Service’s Illegal Private Financial Damage Reporting Center transmitted the fact and asked the police to investigate, while guiding the financial loan products for ordinary people. Eventually, Mr. A was freed from illegal collection by receiving free support from the Legal Aid Corporation and was able to borrow emergency life stabilization funds.

    a private financial flyer on a telephone pole [Yonhap News]

    On the 19th, the Financial Supervisory Service announced that it will do its best to prevent damage in the future by disclosing cases of damage reporting and counseling received at the Financial Supervisory Service’s “Illegal Private Financial Damage Reporting Center” last year. Last year, 15,397 cases of damage were reported to the illegal private financial reporting center, and 47,790 cases of simple inquiry counseling were reported.

    Among them, 15,397 cases of damage such as illegal loans and similar reception were reported, up 12% from the previous year.

    The Financial Supervisory Service is making efforts to eradicate illegal private finance, focusing on the task force of the government to eradicate illegal private finance. If you find illegal advertisements that are feared to cause damage to illegal private finance, you ask related agencies to stop using phone numbers and delete online posts. For 3,001 cases that need relief, such as the suspension of illegal debt collection, the debtor agent’s free support system was guided to help with damage relief, and 1,500 cases that need to be replaced with high-interest rates were introduced with low-income financial loan products.

    Financial authorities believe that damage to illegal private finance will also be widespread due to the prolonged economic slowdown, and plan to prevent damage and rescue victims through cooperation with the “Government TF to Combat Illegal Private Finance.”

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