🔴Must Read!! Starting February 2026, the exemption limit for bank account seizure will be raised from the current 1.85 million won to 2.5 million won.

▶ [ Part 1 ] What Credit Delinquents Must Know.

0:00 Intro

08:15 Pre-start, Vocabulary Review

09:00 ★ What Credit Delinquents Must Know!

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17:06 ★ Is Account Usable?

🔴[ MUST Read!! Changes Regarding "Secondary Financial Account Inquiries" ]

Currently, it is said that assets can be checked for secondary financial accounts with a balance of 500,000 won or more.

Please transfer funds immediately upon deposit to keep the balance empty at all times.

Since most people, when money is deposited into a secondary financial account,

immediately transfer the funds to another person's account or a safe account to always keep the balance empty

I do not think this will be a major issue. ---------------------------

32:32 ★ [Law Prohibiting Seizure of Living Expenses Accounts] Passed

🔴Must Read!! Starting February 2026,

the amount exempt from account seizure will be raised from the existing 1.85 million won → 2.5 million won.

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39:49 It is not right to view the relationship between debtors and creditors in a "good versus evil" framework.

41:29 What kind of people are those who claim to know everything about creditors?

44:40 [Tracking 60 Minutes] "Between Illegality and Irregularities - Detectives of the Lawless Zone" Anxiety over convenience

49:54 How are overdue days calculated?

54:11 Practical Tips! 100% Cashing Out Mobile Phone Micropayments / Postponing Credit Card Payment Dates by About 22 Days

1:02:13 ★ For those planning illegal cashing activities such as card cashing / mobile phone micropayment cashing / durable goods financing, etc.

▶ [ Part 2 ] How to Live as a Credit Delinquent

★ Is there a problem with employment? (Including workplaces with the 4 major insurances) (Attachment-proof bank accounts)

Do those who smile never experience hardship? [ The Black Curtain Effect ]

Is it okay to drive a seized vehicle?

Answer debt collection calls often.

Can insurance be seized too? Can I sign up for insurance?

My "debt" is sold off here and there.

People who hurt those in difficult situations.

★ Credit delinquents cannot borrow even 100 won from mainstream financial institutions.

★ The dangers of private loans and personal money that drive credit delinquents to their deaths.

Is it always a good thing if the legal maximum interest rate is lowered?

★ Struggling to avoid becoming a credit delinquent, one suffers significant personal losses and eventually becomes one.

Do not commit crimes.

★ Thinking the law is far away. - Frequently Asked Questions and Answers

Debt collection and seizure are now a part of daily life. It is time to steel your resolve.

Debt Collection Act and Personal Debtor Protection Act

★★★ A few things I really want to ask of you.

★ Additional Changes ★

🔴[ Must Read!! Changes regarding "Secondary Financial Account Inquiries" ]

Currently, it is said that assets can be investigated for secondary financial accounts with a balance of 500,000 KRW or more.

Please transfer funds immediately upon deposit to always keep the balance empty.

Since most people immediately transfer money to another person's account or a safe account when depositing into a secondary financial account to always keep the balance empty,

I do not think this will be a major issue.

🔴 Must Read!! Starting February 2026, the maximum amount exempt from account seizure will be raised from the existing 1.85 million KRW to 2.5 million KRW.

I sincerely hope that everything goes well for you all.

Thank you for watching.

※ "There is a way even for credit delinquents."

[ Part 1 ] [ 1부 ] 신용불량자가 꼭 알아야 하는 것.

[ Part 2 ] [ 2부 ] 신용불량자로 살아가는 방법.

※ "Living Expenses Seizure Protection Account" for all citizens

전국민 " 생계비계좌 압류금지법 " 시행

※ Opening a Second-tier Financial Institution Account (Opening an account for credit delinquents)

신용불량자. 제대로 알고 대처하세요. 헛소리들 듣지 마시길.

※ Using bank apps/credit card apps/debit card apps/various payment apps for accounts in someone else's name on your phone

신용불량자 꿀팁! 타인명의 통장/신용카드/체크카드 쓰시는 분들 꼭 보세용!

#CreditDelinquent #Debtor

Living Expenses Seizure Protection Account

Living Expenses Seizure-Exempt Account

Illegal Loans, Illegal Collection, Private Loans, Personal Money Loans

Collection, Loans for Bad Credit, Durable Goods, Loans for Bad Credit

Small Loans, Daily Loans, Monthly Loans, Secured Loans, Card Cashing

Mobile Phone Micropayment Cashing, Unsecured Loans, Phone Tech

Loan Nara, Money Make, Emergency Cash, Same-day Loans

Loans for the Unemployed, Illegal Private Loan Organizations, Private Loan Victims

Bad Credit, Debt Default, Defaulter

Bad Credit, Delinquency, Account Seizure, "Going All In" Tribe, Going All In

Grade 9, Grade 10 Loans, Loan Delinquency, Telecom Delinquency

Card Payment Delinquency, Opening a Bank Ac...