| « Less Than Half of All Canadians Aged 25-54 Now Have Full-Time, Year-Round Jobs | Former national security adviser Flynn pleads guilty to lying to FBI » |
South Korea to erase the debts of 1.6 MILLION low income individuals
Link: http://govtslaves.info/2017/12/south-korea-erase-debts-1-6-million-low-income-individuals/
South Korea is to write-off the debts of as many as 1.6 million people in a move designed to ease the financial burden on low-income individuals.
The scheme is open to certain Koreans who have struggled to repay debts of less than 10m won ($9,128; £6,826).
Eligible people can apply to the government for debt relief from next February.
They will be paid in part out of the government’s “National Happiness Fund”, set up to help troubled borrowers.
No feedback yet
| News |  |
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor