Hyundai Capital Provides Customized Financial Education for Migrant Youths

Teaching the Basics of Credit Management
to Vulnerable Groups

Hyundai Capital announced on August 5 that it provided customized financial education for migrant youths in their 20s from countries such as China and Russia at the Global Youth Dream Center in Suwon, Gyeonggi Province, on August 4.

A Hyundai Capital official is providing customized financial education for young migrants in their 20s at the Global Youth Dream Center in Suwon, Gyeonggi Province on the 4th. Hyundai Capital

The company emphasized the significance of expanding its financial education program to include youths from diverse social backgrounds, such as foreigners and teenagers from multicultural families. Considering the participants' language proficiency, the lectures were delivered using simple words and concepts, explained slowly and repeatedly. For example, a credit score was described as a "financial report card," and delinquency was explained as "breaking a promise."

Multilingual financial life guidebooks published by the Financial Supervisory Service were also distributed. The program was made available to youths who could not attend in person.

A Hyundai Capital representative stated, "We have consistently provided financial education to financially vulnerable groups such as youths preparing for independence, the elderly, and students, and this time we expanded our target to include young people from multicultural and foreign families. We will continue to run educational programs for financially vulnerable groups in the future."

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