South Korea's total household credit, which includes household loans and credit card debt, increased at a slower pace in the fourth quarter of last year.<br />According to the Bank of Korea on Friday, total household debt in the October-to-December period was around one-point-three-six trillion U.S. dollars.<br />It's an increase of 5-point-8 percent on year...but the pace of growth has now decreased for eight consecutive quarters. <br />The central bank attributed the slower growth to government policies aimed at easing the household debt problem,...such as the introduction of stricter rules on loan screening. <br />
