Vice Chairman Kim Soyoung of the Financial Services Commission presided over a meeting with relevant authorities and organizations on February 20 to discuss current household debt situation, related risks and future expectations. At the meeting, the authorities also went over the situation with policy mortgage loans and held talks on ways to improve the quantitative and qualitative structure of household debt. To work for a soft-landing of the current household debt situation, Vice Chairman Kim said that it is necessary to control the growth of household debt in quantitative terms in the short term, while building foundations to encourage the practice of borrowing within one’s own debt service capacity over a medium- to long-term.