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  • South Korea Personal Debt Issues
    DUKAS_186339523_NUR
    South Korea Personal Debt Issues
    A bustling street in Sangju, South Korea, on June 25, 2025, where the number of visitors decreases due to the economic downturn. The Korean government's plan to eliminate long-overdue personal debts of up to 50 million won ($36,672) sparks growing controversy over fairness in the policy's application. Because the cap applies per loan rather than per borrower, individuals with multiple qualifying debts could see amounts exceeding 50 million won fully forgiven. (Photo by Seung-il Ryu/NurPhoto)

     

  • South Korea Personal Debt Issues
    DUKAS_186339519_NUR
    South Korea Personal Debt Issues
    A bustling street in Sangju, South Korea, on June 25, 2025, where the number of visitors decreases due to the economic downturn. The Korean government's plan to eliminate long-overdue personal debts of up to 50 million won ($36,672) sparks growing controversy over fairness in the policy's application. Because the cap applies per loan rather than per borrower, individuals with multiple qualifying debts could see amounts exceeding 50 million won fully forgiven. (Photo by Seung-il Ryu/NurPhoto)

     

  • South Korea Personal Debt Issues
    DUKAS_186339515_NUR
    South Korea Personal Debt Issues
    A bustling street in Sangju, South Korea, on June 25, 2025, where the number of visitors decreases due to the economic downturn. The Korean government's plan to eliminate long-overdue personal debts of up to 50 million won ($36,672) sparks growing controversy over fairness in the policy's application. Because the cap applies per loan rather than per borrower, individuals with multiple qualifying debts could see amounts exceeding 50 million won fully forgiven. (Photo by Seung-il Ryu/NurPhoto)

     

  • South Korea Personal Debt Issues
    DUKAS_186339513_NUR
    South Korea Personal Debt Issues
    A bustling street in Sangju, South Korea, on June 25, 2025, where the number of visitors decreases due to the economic downturn. The Korean government's plan to eliminate long-overdue personal debts of up to 50 million won ($36,672) sparks growing controversy over fairness in the policy's application. Because the cap applies per loan rather than per borrower, individuals with multiple qualifying debts could see amounts exceeding 50 million won fully forgiven. (Photo by Seung-il Ryu/NurPhoto)

     

  • South Korea Personal Debt Issues
    DUKAS_186339509_NUR
    South Korea Personal Debt Issues
    A bustling street in Sangju, South Korea, on June 25, 2025, where the number of visitors decreases due to the economic downturn. The Korean government's plan to eliminate long-overdue personal debts of up to 50 million won ($36,672) sparks growing controversy over fairness in the policy's application. Because the cap applies per loan rather than per borrower, individuals with multiple qualifying debts could see amounts exceeding 50 million won fully forgiven. (Photo by Seung-il Ryu/NurPhoto)