Article 6 (Conclusion of Loan Agreement, etc.)

(1) When a loan business enters into a loan agreement with its counterparty, it shall verify the counterparty’s identity and provide a written loan contract containing the following items:

1. Name and address of the loan business (including its place of business) and the counterparty
2. Date of contract
3. Loan amount
3-2. Maximum interest rate under Article 8(1)
4. Loan interest rate (including detailed interest rate information under Article 8(2) and the annualized rate)
5. Repayment period and method
6. If repayment is via bank transfer, the lender’s account number
7. All incidental transaction costs
8. Details on damages or compulsory execution, if applicable
9. Details of any guarantee contract
10. Early repayment conditions, including fees
11. Default interest rate
12. Other necessary matters prescribed by Presidential Decree

(2) The lender shall explain all matters in Paragraph (1) to the counterparty.

(3) When concluding a guarantee agreement, the lender shall provide the guarantor with a guarantee contract containing the following and a copy of the loan contract:

1. Names and addresses of the lender (including its place of business), primary debtor, and guarantor
2. Contract date
3. Guarantee period
4. Guaranteed amount
5. Scope of guarantee
6. Details of joint liability, if applicable
7. Other matters prescribed by Presidential Decree

(4) The lender shall explain all matters in Paragraph (3) to the guarantor.

(5) The lender must retain the contract and relevant documents for two years after the repayment date.

(6) The contracting party or their agent may request to inspect documents or request certificates related to the debt. The lender shall not refuse without just cause.

Article 6-2 (Handwritten Entry of Important Matters)

(1) The lender shall have the counterparty handwrite the following matters:

1. Loan amount
2. Loan interest rate
3. Repayment period
4. Other necessary matters prescribed by Presidential Decree

(2) When concluding a guarantee agreement, the lender shall have the guarantor handwrite the following:

1. Guarantee period
2. Guaranteed amount
3. Scope of guarantee
4. Other necessary matters prescribed by Presidential Decree

(3) Handwriting is deemed valid if either of the following applies:

1. Identity is verified using an authorized electronic certificate and information is directly entered online
2. Identity and consent are confirmed via voice recording or other approved methods