Professionals are no exception… Banks reduce credit loan limit ‘within annual income’

Prospective doctors and lawyers are excluded from loan

湲 蹂肄

[아시아경제 김진호 기자] Doctors and lawyers, who are representatives of high-income and high-credit people, are also facing a loan crisis from this year. It is analyzed that the banking sector has come up with more stringent management guidelines to keep pace with the growth rate of household loans (4-5%), which is stronger than last year.

According to the financial industry on the 2nd, other major commercial banks, following Woori Bank, are expected to lower their doctor-only credit loan limit to less than 100% of their annual income from tomorrow. Usually, in the case of doctor-only credit loans, prospective doctors who have obtained a doctor’s license have also been given preferential treatment in terms of loan limits and interest rates.

However, starting this year, the limit and loan targets will be drastically reduced in accordance with the financial authorities’ stricter household debt management guidelines. This is because the financial authorities judged that loans to high-income and high-credit people led to a surge in household debt. It is known that the FSC has recently delivered guidelines containing such information to banks.

Earlier this month, Woori Bank announced that it would lower the limit of ‘Woori Special Loan’, a credit loan for professionals such as doctors and lawyers, to less than 100% of annual income from the 3rd of this month. Also, in the past, even if you had no income, you could borrow up to a certain limit if you had a doctor’s license or a lawyer’s license, but it was decided to limit this. Even if you are eligible, you cannot get a loan without income.

Specifically, loans were made to prospective doctors and lawyers in the name of student loans and living expenses, but from next year, only student loans are allowed as an exception. However, only when it is confirmed that there is no income by submitting proof of income, such as a proof of income amount, a loan is possible.

Meanwhile, the financial authorities are planning to set the growth rate of household loans in banks this year at 4-5% per annum. It has become tighter than the growth rate target of last year (5-6%), and in the case of next year, Jeonse loans are also included in the growth rate, making it more difficult to make loans.

Considering the balance of household loans at the end of last year and the financial authorities’ target of 4 to 5 percent for the growth rate of total household loans this year, this year’s supply is in the range of 65 trillion to 97 trillion won.

By Kim Jin-ho, staff reporter [email protected]

Source: 아시아경제신문 실시간 속보 by

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