Wednesday, February 15, 2017

Chairman imjongryong "creditor information system changes planned start in April"



[Korea before lower cervical financial newspaper reporter] April is expected from the creditors fluctuation information system to verify the changes in the debtor's gotta build private debtors have two days being reduced illegal debt collection do not know their loan information. Loans sold guidelines gotta enforcement and prevention are not covered by the statute of limitations debt collection unreasonable debt collection complete damage is expected to strengthen the debtor protection.

Imjongryong Finance Committee is 15 days' debt collection restoration measures "promoting Inspection held a meeting, told reporters.

Day imjongryong chairman discussed the Credit Finance Association, the Savings Bank Federation, checking the 'debt collection restoration plan' promotion status with the CB executives and 'loans sold Guidelines enacted measures and' creditors fluctuations inquiry system 'building measures.

Loans sold guidelines present a financial company, you need to work moneylender who comply with rules on the sale of loan sale process step by step.

Aging receivables complete disappearance from the sale of selected receivables, receivables under litigation and shall exclude selected purchases such as debt collection agencies to the due diligence regulations and guidelines. To specify the period of time during re-sale ban bond sale contract must provide clear information about the bonds and must also check compliance and implementation of the purchasing agency contracts. Establish internal control standards and specify the department must operate.

Financial authorities are expected to be sold gotta restrictions on soholhan institutions is likely illegal debt collection high or managed through strengthening debtor protection.

Creditors are also built fluctuations inquiry system.

Individual debtors are debtors to include companies in the financial system is also a positive focus on the credit history of loan sources can be queried his creditor status and change history.

When implemented on April sinjeongwon focused and register the date and time that the finance company debt information *, and is also positive to focus register your details each time, after the bond sale occurs.

Debtors are the channels through online and offline sources of credit, credit reporting companies, credit recovery committee (34 Integration Center) fluctuations can confirm the creditor information.

By creditors through the inquiry system notifications Changes clarify whether the statute of limitations completion of individual bonds, is expected to enhance the ability of the debtor's right to unfair collection.



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