Hyundai Card Supports Customers Affected by Typhoon... Payment Deferral for Up to 6 Months on Usage Amounts

Full waiver of interest and late fees during the grace period
Up to 30% interest rate discount for affected members applying for new loan products
Extension of maturity available for existing loans

[Asia Economy Reporter Ki Ha-young] Hyundai Card announced on the 3rd that it will provide financial support to customers affected by the typhoon.

Hyundai Card offers repayment deferral, delinquency fee reduction, and preferential interest rates to members affected by the typhoon. This support program applies not only to damage caused by Typhoon Maysak but also to customers affected by typhoons occurring between September and October, and applications can be made regardless of the region.

Hyundai Card will defer credit card payment bills for customers affected by the typhoon for up to six months. Interest and late fees incurred during the deferred period will be fully waived.

Preferential interest rates are also provided. Hyundai Card will offer up to a 30% discount on interest rates for customers applying for loan products due to typhoon damage until November. Additionally, maturity extensions for existing loans will be available to help affected customers overcome financial difficulties.

Consultations and document submissions for the support program can be made through Hyundai Card’s main contact number.

This content was produced with the assistance of AI translation services.