loan delinquency News

Corporate Crisis Deepens: Promissory Note Defaults Skyrocket Amid Financial Turmoil

The promissory note default rate has surged tenfold, reaching a 10-year high as companies face escalating financial difficulties. Loan delinquency rates and bankruptcies are also o...

Over 430,000 Small Business Owners Face Financial Struggle Amid Rising Debts and Economic Slowdown

Nearly 430,000 small business owners in South Korea are facing financial difficulties due to rising debts and a sluggish economy, with loan delinquency rates hitting an 11-year hig...