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Debt Crisis Deepens Amid Rising Costs | South Korea News
Nearly 97,000 people got debt relief this year alone, totaling over $4.2 billion in adjusted loans — a sharp rise that signals mounting financial strain. With applications up 56% in three years and early-stage defaults (30 days late) tripling, even those barely behind are turning to help. But relief isn’t lasting: many return to borrowing just to survive. Lawmakers now warn that temporary fixes won’t cut it — real systemic solutions are urgently needed as millions struggle under rising costs and interest rates. Listen in comfort:Get a discount on a Soli Pillow…
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