Where Can I Find Financial Products for Ordinary People That Suit Me?... 'Seomin Geumyung at a Glance' Opens
[Asia Economy Reporter Kim Min-young] The Korea Inclusive Finance Agency announced on the 12th that it has launched the ‘Inclusive Finance at a Glance’ service, which allows users to view various inclusive financial products at a glance on both PC and mobile.
Inclusive Finance at a Glance is a financial product search service that enables users to explore services provided by various institutions such as government agencies, policy finance institutions, and local governments according to criteria desired by users, such as fund usage and eligibility. It consists of Loan Products at a Glance and Asset Formation Products at a Glance, with a total of 314 product information entries from 70 institutions registered.
In particular, Loan Products at a Glance provides product information on 279 loan products mainly needed by low-income individuals, such as living and housing funds, startup and operating funds, including eligibility, loan limits, and interest rates.
Users can directly search for products suitable for themselves and check detailed information on more than 20 items at once, including application methods, early repayment fees, and preferential interest rates for the desired products from the search results.
It also provides guidance on more than 30 types of COVID-19 support programs offered by banks and public institutions.
Through Inclusive Finance at a Glance, the Korea Inclusive Finance Agency plans to provide accurate and reliable financial product information to low-income individuals who are easily exposed to indiscriminate loan advertisements or inaccurate financial information on portal sites and social networking services (SNS).
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Lee Gye-moon, president of the Korea Inclusive Finance Agency, stated, “We hope that the newly launched comprehensive inclusive finance platform will help improve financial accessibility and choice for low-income individuals in need of funds.”
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