It is illegal to ask for or receive brokerage fees.
Excessive debt can cause you great misfortune.
Your credit rating may be degraded when borrowing.
No early redemption fee (intermediate redemption fee).
Interest rate: within 9% per year
(Applicable to new, renewed, and extended loan contracts from February 08, 2018.)
Here is an example of the total cost of a loan:
If you loan 1,000,000 won with 9% interest for 12 months
Total repayment amount: 1,049,418 KRW (It may vary depending on the loan product.)
No additional costs other than the cost of exercising or preserving rights.