Ahead of the strengthening of the distance, self-employed people have no choice but to worry. The situation will be more difficult for bosses who have been struggling with loans. In this situation, it was pointed out that there is a limit to the loan-oriented support measures that repay the debt.
Reporter Jeon Yeon-nam reports.
From the surge in the number of corona patients to the spread of the mutated virus, the long-awaited year-end reservations are canceled one after another.
The number of customers gradually increased due to the gradual recovery of daily life, and I expected sales to recover, but I am concerned about repayment of the loan.
[자영업자 A 씨 : 작년에 대출을 7천(만 원)을 받았어요. 대출을 받아서 상환을 해야 돼요. 상환을 안 하면 또 이자가 또 올라가요.]
Due to the spread of COVID-19, many self-employed people are facing a crisis with hopes for loans.
In the third quarter of this year, self-employed borrowing from banks increased by more than 11 trillion won, recording the second-highest increase in loans ever.
However, the problem is that the debt only increases and the financial difficulties are not resolved.
The number of self-employed business closures continues to increase, and the number of self-employed business closures last year increased about nine times compared to 2017.
[오정근/건국대학교 경제학과 교수 : 자영업자에 대해서 약 2백조 원 정도의 원리금 상환 유예를 해놓고 있습니다. 이자도 못 내는 경우는 거의 파산 상태라고 봐야 되거든요.]
In the end, there are clear limitations on how to live on debt, and the government’s support measures for small businesses are focused on low-interest loans, deferment of principal and interest payments, and extension of loan maturity.
Most of the support measures worth more than 10 trillion won recently announced only relaxed the existing loan eligibility criteria.
[자영업자 B 씨 : 대출을 받는다고 해 가지고 안 갚는 게 아니잖아요. 저금리든, 이자율이 높든 간에….]
Small business owners are appealing to strengthen loss support rather than a loan policy that only calls for repayment burden.
(Video editing: Yumira, VJ: Park Hyun-woo)