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South Koreans become world’s top credit card users

SEOUL, South Korea — South Koreans officially use the most plastic, according to the latest figures on global credit card purchases. Per capita, South Korea’s credit card use rose to 129.7 transactions in 2011, according to data compiled by the Bank of Korea, up from 114.9 transactions in 2010.

By Geoffrey Cain
PRI’s The World

Jun 10, 2013

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South Korea in the red

SEOUL, South Korea — He’s worked all his life to graduate from an elite university this year. But in a tight job market, Kim Jun-sang, 23, is worried about escaping his pileup of debt. Sound familiar?

By Geoffrey Cain
PRI’s The World

Jan 18, 2013

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