IBK Industrial Bank, 'Credit Recovery Diligent Repayer Card' Issuance Surpasses 5,000 Accounts

Debtors Who Have Repaid Credit Recovery Installments for More Than 6 Months

[Asia Economy Reporter Park Sun-mi] IBK Industrial Bank announced on the 15th that the number of issued cards for the Credit Recovery Diligent Repayer Card exceeded 5,000 within two months of its launch.

This card was launched through the signing of the "Credit Recovery Diligent Repayer Card Issuance Business Agreement" on March 31. Debtors who have undergone debt adjustment through the Credit Recovery Committee and have diligently repaid their monthly installments for more than six months are eligible to receive the card.

Depending on the repayment period, customers who have diligently repaid for more than six months can receive a postpaid transportation card with a monthly limit of 100,000 KRW, and those who have repaid for more than one year can receive a small credit limit card with a monthly limit of 300,000 KRW. Customers who have received guidance from the Credit Recovery Committee that they are eligible for card issuance can apply for the card through branches or the IBK Industrial Bank website (including mobile).

An IBK Industrial Bank official explained, "Although the credit limit is small, issuing a card with a credit limit helps alleviate some inconveniences in daily life and helps restore personal credit scores by accumulating credit transaction records." He added, "Although this product targets specific customers, there are many applications for issuance."

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