Credit Counseling and Recovery Service Individual Workout (Debt Adjustment)
A Credit Counseling and Recovery Service debt-adjustment program that adjusts the repayment period, interest, and principal for people with excessive debt
This English text is a plain translation by Yeogida, not official material from the operating agency. Please verify important details on the original Korean page.
No confirmed English-language contact channel was found for this service — phone or in-person contact may only be handled in Korean.
For debtors who cannot normally repay financial debt overdue by 90 days or more, this reduces overdue interest and interest based on repayment ability, reduces principal (by up to 70%), and offers installment repayment over as long as 8 to 35 years. Debt collection stops starting the day after you apply, which offers real relief in urgent collection situations. You can get counseling by phone (1600-5500) or after booking online.
- Hours
- Weekdays 09:00-18:00 (counseling line 1600-5500)
- Cost
- Free
- Operated by
- 신용회복위원회
- Information checked
