'Launch of Naver Pay Credit Management Service'
[Asia Economy Reporter Buaeri] Naver has launched a service that allows users to manage their personal credit information.
According to Naver on the 1st, Naver Financial, in collaboration with NICE Information Service, has launched the 'Naver Pay Credit Management' service on the 28th of last month, becoming the first in the tech-finance industry to do so.
Users can check their individual credit scores as well as detailed reports analyzing the reasons behind the score calculation. They can compare their credit scores and card payment amounts with those of similar age groups, submit non-financial information to increase their credit scores in real time, and comprehensively diagnose and manage their credit status.
The company explained that this service is expected to be particularly useful for new filers with limited financial history to minimize disadvantages when using financial services.
Kim Jun-woo, Service Manager at Naver Financial, stated, "With the abolition of credit grades and the exclusive use of credit scores starting this year, users are now able to manage their credit scores more systematically." He added, "Especially new filers such as students and housewives, who previously faced restrictions in loans and credit card issuance due to insufficient financial history, will be able to use financial services under better conditions by managing their credit scores well."
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Naver Financial plans to introduce various linked services in the future, such as loan information available to users, comparisons of the lowest interest rates, and simulations that predict future credit scores, in connection with the credit management service.
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