The number of Koreans dipping deeper and deeper into their overdrafts and taking out unsecured bank loans appears to be growing.<br />The central bank says overdrafts and other forms of unsecured loans exceeded one-hundred-32 billion U.S. dollars as of the end of July.<br />The amount has added more than one-and-a-half billion dollars in the last seven months alone,... much faster than the corresponding rate last year.<br />Analysts say lower interest rates and falling disposable income,... prompted by the slowing economy,... have contributed to the growth of these types of loans and overdrafts.
