
Rising Delinquency Among South Korean Youth
The financial challenges faced by South Korea's youth are becoming increasingly evident, with delinquency rates on emergency loans surpassing ₩30 billion as of June 2024. The majority of this debt—66%—is held by individuals in their 20s and 30s, revealing the financial distress that younger generations are experiencing. While this issue is a pressing concern for South Korea, it also offers valuable insights when compared to other countries facing similar economic pressures. The South Korean eco










