South Korea's financial regulator has warned the soundness of household debt in the country could become vulnerable FAST... if there's a period of financial volatility. <br />Financial Services Commission Chairman Choi Jong-ku points to the absolute size of South Korea's household debt, interest rate hikes and jeonse loans as the major risk factors. <br />He warned the country's jeonse or "Key Money Deposit loans" could suffer insolvency this year due to plunging jeonse prices accompanied by expected rate hikes. <br />Choi says the government aims to slow the growth of household debt to about five percent by 2021. <br />
