Credit Recovery Committee-Credit Card Social Contribution Foundation helps young people increase their credit through debt restructuring.
◈ The Credit Recovery Committee and the Credit Card Social Contribution Foundation provide incentives of up to 400,000 won per person to those with higher credit scores through the 『Youth Credit Rise Support Project』
◈ Chairman Lee Jae-yeon said, “We will continue to support young people who are undergoing debt restructuring so that they can return to healthy financial consumers early through the credit rise support project.”
□ The Credit Recovery Committee (Chairman Lee Jae-yeon, hereinafter referred to as ‘Shinbok Committee’) and the Credit Card Social Contribution Foundation (Chairman Jeong Wan-gyu, hereinafter referred to as ‘Sinka Foundation’) provide credit incentives* of up to KRW 400,000 per person, providing ‘Youth Credit Credit’ in 2023. It was announced that the rise support project (hereinafter referred to as ‘project’) was implemented on April 3.
* Credit increase incentive fund is operated with the donation of 170 million won from the Shinka Foundation, and project participants use credit welfare consulting (credit helper, credit consulting) provided by the Shinka Foundation and complete online credit training at the Credit Education Center to increase their credit score. If you do, you can get support.
□ This project is designed to provide opportunities for credit enhancement to young people who use debt restructuring by the Credit Restoration Commission, and to develop their ability to manage their own credit through credit welfare consulting and credit education.
ㅇ Targets for participation are young people under the age of 39 who have been issued a small credit (check) card and are using it normally among those who have completed the debt restructuring, receive 100,000 won of encouragement first when selected, and whose credit score has risen by 20 points or more after 6 months. An additional incentive of 300,000 won will be provided.
□ Chairman Lee Jae-yeon of the Shinbok Committee said, “There are many situations in which young people have to use institutional financial companies, so it is very important to improve their credit score by developing their credit management skills.”
“We will continue to support young people who are undergoing debt restructuring so that they can quickly return to being healthy financial consumers through the credit growth support project,” he said.
□ The project is scheduled to recruit a total of 425 people for two weeks from April, and applications can be made through the Credit Recovery Committee APP.
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[Source] Credit Recovery Committee-Credit Card Social Contribution Foundation, helping young people increase their credit through debt adjustment.|Author Credit Recovery Committee