Amplifying general concerns over South Korea’s high rate of household debt are figures that question the quality of much of the debt load. Mortgage-backed loans intended to support living expenses surged 6.6% to reach 135.6 […]
US household debt reached $12.29 trillion in the second quarter, a $434 billion increase on a year-over-year basis, a Federal Reserve Bank of New York survey found. Auto debt rose $97 billion from a year […]
South Korea’s heavy burden of household debt expanded in July, with the balance of household loans extended by local banks growing 6.3 trillion won from June. The total is now 673.7 trillion won, encouraged by […]
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