Woori Bank to Stop Selling Non-face-to-face Household Loans...Interest rates on credit loans ↓

Woori Bank will stop selling non-face-to-face household loan products to strengthen household loan management.

Woori Bank announced that it will stop selling non-face-to-face mortgage and lease loan products from today (5th) to the 8th of next month.

This also includes loan transfer products.

Separately, the preferential interest rate for credit loans will also be lowered by up to 0.5%p.

According to Woori Bank's disclosure, preferential interest rates for various credit loan products, including "our main transaction worker loans," will be cut by 0.2~0.5%p each.

If the preferential interest rate is lowered, the loan interest rate will rise by the amount of the cut.

Starting from the 1st of this month, Woori Bank also reduced the loan limit for credit loan products from up to 150-200% of annual income to within 100%.