History
Present ~ 2021
2020 ~ 2011
2010 ~ 2002
2025
Sep. 19
We implemented Integrated Debt Relief Program for Electricity Bills.
Jul. 7
We launched Consulting Support Program for Small Business Owners.
Jun. 30
We regularized Special Fast-track and Pre-workout programs and strengthened debt relief support for self-employed individuals.
Jan. 17
We began Debt Relief Consignment Services for Financial Institutions.
2024
Dec. 30
We expanded customized financial support for vulnerable groups and youth debtors, including special fast-track and exemption for small-amount vulnerable debtors.
Jun. 21
We implemented Integrated Debt Relief Program for Financial and Telecommunication Services.
Mar. 12
We shortened the public record registration period for faithful debt adjustment payers from 2 years to 1 year.
Feb. 1
We launched Legal Counseling Services in partnership with Ministry of Justice's "Legal Home Doctor" program.
2023
Apr. 3
We extended the range of eligibility for Special Case Support of Before-overdue debt management under age 34 and implemented Special Case Support of Pre-workout for the vulnerable.
Feb. 2
The amount of Micro credit had exceeded 1 trillion won.
Jan. 13
We launched a brand new platform for credit counseling, called 'Sinyong Plus'.
2022
Oct. 4
We implemented Special Debt Relief Program 'New Start Fund Program' for individual proprietors and small business owners.
Sep. 26
We implemented Special Case Support of Before-overdue debt management under age 34.
Jan. 27
We extended the range of eligibility for Individual workout of Education fund.
2021
Feb.
A statement was submitted at the 59th Session of the UN Commission for Social Development.
2020
Oct.29
Selected as a leading organization in the UN Sustainable Development Goals Business Index 2020.
Sep. 23
We revised the Agreement on Debt Relief Support, strengthening assistance for vulnerable debtors and those with short default periods.
Aug.19
Selected as one of the Top 10 Public Organizations in 2020's The Most Sustainable Global Leaders, Businesses, and Brands 100.
Apr. 29
We implemented Special Case Support of Debt Relief Program for victims of COVID-19.
Mar. 23
We implemented Special Postponement of Repayment for victims of COVID-19.
Jan. 17
We extended eligibility for the Debt Relief Program of Personal Rehabilitation Mortgage Loan.
2019
Sep. 23
We implemented two new policies: Before-overdue Debt Management for individuals in default crisisPrincipal Reduction of Ordinary People's Debts that are Not Charged-off
Jul. 8
We implemented Special Program of Debt Exemption for Vulnerable Debtors.
Apr. 1
We implemented Estimation System of Reduction Rates Considering Debtors' Repayment Abilities.
Jan. 17
We implemented Demonstrative Project on Debt Relief Program of Personal Rehabilitation Mortgage Loan.
2018
Sep. 20
We implemented Reduction of Interest Rates for Pre-Workout clients who steadily repaid.
Feb. 26
We implemented Exceptional Policy on Mortage Loan Debt Relief Program.
2017
Jun. 23
We expanded Support of Filing for Personal Rehabilitation and Bankruptcy (Fast-track System) nationwide.
Jan. 2
We simplified necessary documents for debt-relief applications by verifying information electronically ththrough the public information-sharing system.
2016
Oct. 4
The Credit Counselor License received national certification.
Sep. 23
We re-launched as a special corporation under the 「Microcredit Support Act」.
Jul. 1
We implemented Debt Management Plan Tailored to Clients' Financial Situation.
Apr. 1
We implemented Extensive Principal Reduction for the Socially Vulnerable People.
2015
Apr. 27
We implemented the Sunshine Loan Program for college students and youth.
2014
Aug. 19
We implemented Assistance in Application for Personal Rehabilitation and Bankruptcy.
Mar. 3
We expanded the eligibility of Debt Management of Claims for Indemnity Held by Credit Guarantee Organizations.
2013
Jun. 10
We expanded eligibility for the Pre-workout by the CCRS.
May 13
We improved standards for debt management in the credit-business sector.
Apr. 22
We expanded eligibility and support measures for the Debt-Relief Program on real-estate mortgage loans.
2012
Jun. 18
We implemented the Guarantee Service of High Interest-Rate Conversion Loan for college students and youth.
Apr. 2
We implemented Support Program for Re-establishment of Small and Medium-sized Enterprises
2011
Mar. 14
We launched a cyber consulting branch to provide online counseling and application services.
Mar. 2
We implemented Credit Recovery Support Program for Overseas Koreans.
2010
Sep. 12
We administered the first Credit Counselor License Examination.
Apr. 14
We began issuing Credit Counseling Reports.
2009
Sep. 21
Our Call Center obtained ISO 9001 certification for service quality.
Apr. 13
We implemented the Pre-workout by the CCRS Program.
2008
Jun. 2
We implemented the Credit Recovery Support Program using the National Pension Loan Scheme.
Jun. 2
We removed the public record 'In the Process of Credit Recovery Support (1101)' from the credit report of clients who were faithfully repaying their debts through the Household debt relief programs by the CCRS.
2007
Nov. 13
We facilitated the issuance of debit cards for clients who completed their repayment through the Household debt relief programs by the CCRS.
Jan. 1
We implemented the Support Program for Re-launch of Start-up Entrepreneurs Who Had Failed.
2006
Nov. 13
We launched Microcredit Services.
Apr. 3
We launched Counseling Services for Private Loan Complaints.
2005
Nov. 8
We established support for the socially vulnerable people and military personnel on duty.
Apr. 1
We implemented a special credit recovery program for debtors who defaulted due to living expenses
2004
Dec. 1
We began offering free legal counseling services.
Apr. 1
We implemented a one-stop service for debt management.
2003
Dec. 8
We established an employment support center.
Nov. 1
We were established as a non-profit corporation.
2002
Oct. 1
We began operating the Credit Counseling and Recovery Service (CCRS).
Jul. 31
We held a hearing for a draft Agreement among financial institutions to introduce the credit recovery support system.