South Korea’s 13 domestic banks changed their own household-loan restriction measures 149 times from January 2025 through August 11, 2026. The measures included suspending mortgage-linked insurance sales, blocking new mortgage applications through online channels, limiting mortgage-loan amounts, and tightening overdraft-loan renewals.
The frequent changes have reduced predictability for people seeking loans and made it harder for actual borrowers to plan their financing, according to data obtained from the Financial Supervisory Service.