#legallendingrate — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #legallendingrate, aggregated by home.social.
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South Korea’s legal lending rate cut has eased interest burdens but now risks restricting credit access for low-income borrowers amid high rates and a slowing economy, with experts warning of increased reliance on illegal lenders and calling for flexible policy adjustments.
#YonhapInfomax
#LegalLendingRate #KoreaInstituteOfFinance #LowIncomeBorrowers #IllegalLending #InterestRateCap
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64668