사진 확대

While the government is tightening the reins on household loans, consumers are paying attention to "loans in the metropolitan area" and "whether to reduce the loan limit."

On the 27th, the Financial Services Commission held a household debt inspection meeting and discussed ways to manage household debt in 2025.

In the announcement, specific outlines of the "Seoul-local household loan differentiation policy" were revealed, such as giving more room to supply loans for local loans.

At the end of last year, Lee Bok-hyun, head of the Financial Supervisory Service, said at a meeting of construction industry and real estate experts, "We will facilitate the supply of funds so that end-users and local household loan consumers can feel more relaxed, especially in provincial areas."

First, local banks and second financial institutions will be given some leeway in lending capacity to smoothly supply funds to provinces where unsold houses are accumulating. By region, the authorities plan to manage the growth rate of household loans at 1-2% when policy loans are separate, while local banks will manage it at 5-6%.

It is interpreted as a strategy to induce local banks to provide more loans to revitalize the local economy by setting differentiated targets.

Commercial and local banks that deal with a lot of local mortgage loans (main loans) will be provided with that amount of benefits (incentives) to induce more efficient household debt management. 50% of the expansion of local mortgage loans is additionally reflected in the annual household loan management goal.

After the announcement, various social network services (SNS) and communities speculated that if it is difficult to borrow from Seoul, it may be possible to move to the provinces to receive loans.

An official from the financial sector advised, "The availability of loans may vary depending on various factors such as individual creditworthiness, income, and debt conditions," adding, "It should be borne in mind that the government's policy is aimed at supporting the livelihood of small and medium-sized enterprises in local bases and circulating the local economy."

In addition, some are concerned about the soundness of loans as local real estate prices are falling due to lack of demand.

Kwon Dae-young, secretary-general of the Financial Services Commission, explained, "I just gave a little room because I was afraid that local banks or financial sectors would not be able to cover reasonable local real estate demand, but it is not a sign that I should take out a debt and buy a house in itself."

사진 확대

The authorities will introduce a three-stage stress total debt repayment ratio (DSR) from July. When the third stage is introduced, 1.5 percentage points will be applied equally to the main loans, credit loans and other loans in the banking and secondary financial sectors.

Since September last year, the financial authorities have applied stress rates of 1.2 percentage points in the Seoul metropolitan area and 0.75 percentage points in the non-capital area to the banks' loans, credit loans, and second-tier loans.

In order to expand the handling of fixed-rate loans in the financial sector, the authorities will consider raising the stress rate reflection ratio for mixed and periodic loans from the current 100% variable, 60% mixed, and 30% periodic to 100%, 80%, and 60%.

In particular, the most eye-catching part of consumers is that "even for loans of less than 100 million won, income has been considered."

DSR was applied only to about 29% of household loans newly handled by the banking sector in the fourth quarter of last year. Loans of less than 100 million won, such as intermediate payments and migration expenses (17%), jeonse loans (10%), and policy loans (19%), which account for 11% of the total, were excluded from the application.

Through this household debt management plan, the authorities plan to induce banks to receive proper income data and use them for their own credit management, even household loans that do not review income, such as loans for intermediate payments and migration, totaling less than 100 million won.