Sinbokwi to Conduct Credit Welfare Consulting in Second Half... Over Half See Credit Scores Rise

[Asia Economy Reporter Song Seung-seop] An analysis revealed that more than half of the users of Credit Welfare Consulting experienced an improvement in their credit scores.

According to the Credit Recovery Committee on the 20th, among 7,561 people who used the consulting service in the second half of last year, 57% (4,311 people) saw their credit scores increase by an average of 48 points. The age group with the highest number of credit score improvements was people in their 20s, accounting for 67%.

Credit Welfare Consulting is a telephone counseling service provided by the Credit Recovery Committee for debt adjustment users, where professional counselors guide credit management tips and connect users with microfinance and welfare services. Thirty consultants, who are either retired financial sector professionals with credit counseling qualifications or experienced counselors from private counseling organizations, have been appointed and are active.

As of the 13th, the number of Credit Welfare Consulting users has reached about 18,000. Approximately 17,000 people use the mobile services ‘Credit Helper’ and ‘Credit Vitamin,’ which support credit management and linked services.

Lee Gye-moon, Chairman of the Credit Recovery Committee, emphasized, “Credit Welfare Consulting has shown concrete results by increasing the success rate of debt adjustment and helping rational credit management to improve credit scores,” adding, “Based on these results, we plan to expand Credit Welfare Consulting further by appointing additional consultants.”

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