Credit loans greater than 100 million won, adjustment from 23

Entry 2020.11.22 09:28 | Revision 2020.11.22 09:43

The bills will block large credit loans that exceed 100 million won or more than 200% of annual income starting next week. On the 13th, financial authorities announced that if a high-income source with an annual income of more than 80 million won receives a credit loan of more than 100 million won after 30 days, the regulation ‘Ratio of total debt principal payment (DSR) 40% ‘, but the banks took the initiative preemptively a week in advance. It was a response from the enemy.

Some banks are preparing even stricter self-regulation than the authorities’ guidelines, such as applying the 40% DSR regulation to large credit loans that exceed 100 million won, regardless of income.

According to bank notes on the 22nd, KB Kookmin Bank will significantly strengthen the selection of credit loans exceeding 100 million won and annual income exceeding 200% from the 23rd regardless of income. DSR is calculated by taking the share of annual principal and interest payments on all loans in annual income. For example, supposing that an office worker with an annual salary of 80 million won received 120 million won in ten-year loans at an annual interest rate of 2.0%, the money that this person has to pay back for one year is of approximately 13.2 million won, including the interest rate of 2.4 million won. be be. In this case, the DSR is 17%.

Currently, DSR applies to 40% of banks and 40% of non-banks, including existing credit loans, from the moment a loan with a market price of more than 900 million won is received in speculative and overheated areas. However, as of the 23rd, the DSR applies even if a person with an annual income of more than 80 million won makes a credit loan of more than 100 million won without a mortgage loan (principal charge).

KB Kookmin Bank decided to pay only within 200% of annual income as of the 23rd with the aim of suppressing excessive credit loans compared to income, apart from relevant regulations.

Woori Bank also plans to implement regulations on credit loans exceeding 100 million won in the next week before the 30 days. Although the NACF is not regulated by DSR, it is suppressing credit lending by gradually lowering the lending cap and prime rate.

On the 18th, the Nonghyup reduced prime interest rates for excellent credit loans and general credit by 0.2 percentage points (p) and 0.3 percentage points, respectively, and as of the 20th, the limit for credit loans for high-income people over 80 million won it was reduced to less than double the annual income. .

Previously, the maximum was applied for each loan product, such as 200 million won for super pro loans for professionals and 250 million won for doctors, but now, regardless of the product, credit loans of more than double the salary are not available annual (200%). It means to stop receiving.