Shinbokwi: "84.7% of Credit Education Completers Show Improved Credit Management Skills"

Results of an educational effectiveness survey conducted by the Credit Recovery Committee targeting participants who completed online credit education. Data provided by the Credit Recovery Committee

[Asia Economy Reporter Song Seung-seop] It has been found that 8 out of 10 participants improved their credit management skills through the credit and financial education provided by the Credit Recovery Committee.

According to the Credit Recovery Committee on the 10th, a survey on the effectiveness was conducted targeting those who completed online credit education from January to September this year, and 84.7% responded that they were "able to manage credit better."

As of last September, the number of people who took credit and financial education increased by 19.3% compared to the end of last year, reaching 458,288. The number of participants in the survey was 2,177.

The increase in education participants is attributed to discovering new education demand sources such as courts and police agencies and continuously expanding non-face-to-face education. Credit education for individuals undergoing personal rehabilitation and bankruptcy at courts started with the Seoul Rehabilitation Court in 2017 and has expanded to 10 locations this year. The Credit Recovery Committee's non-face-to-face education also increased by 13 percentage points from 70.3% last year to 83.3%.

The survey was conducted by dividing into three areas: knowledge, behavior, and attitude, evaluating the overall understanding of those who completed financial education. 83.2% reported changes in financial behavior (saving and spending habits), and 86.8% responded that their credit and financial knowledge improved.

Based on this data, the Credit Recovery Committee plans to improve its education programs to help financial consumers develop rational decision-making skills on their own.

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