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South Korean Court Rules in Novel Predatory Lending Case

Summary by Regulation Asia
A South Korean court ruling mandates full repayment in a predatory lending case, setting a new precedent for consumer protection. A South Korean court has ruled in favour of a victim of illicit high-interest lending, ordering lenders to return the full amount of principal and interest. The ruling, issued by the Gwangju District Court on […] To continue reading... Sign in Password * Remember me …
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Regulation Asia broke the news in on Thursday, June 5, 2025.
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