PFCT Surpasses 10 Billion Won in Refinancing Loans for Low-to-Medium Credit Borrowers

Refinancing loans are emerging as a practical tool to significantly reduce the financial burden on low-to-medium credit borrowers, moving beyond simple interest rate switching.

PFCT (PFCT Technologies), an online investment-linked financial company, announced on May 28 that the cumulative amount of its personal credit loan refinancing service, offered through its platform 'Kreple', has surpassed 10 billion won (approximately $7.5 million).

Since launching the personal credit loan refinancing service in December 2025, PFCT analyzed operational data accumulated over about five months. As of May 19, the company provided refinancing loans totaling 10.4 billion won to 228 borrowers. This figure includes both pure refinancing loans that converted existing high-interest debt and new loans with additional limits.

The weighted average interest rate for the refinancing loans was recorded at 10.21% per annum. The average credit score of the borrowers, according to NICE standards, was 749.6. Specifically, 62.3% of borrowers fell within the 700-799 score range, while 20.2% were in the 600-699 range. More than 83.5% of all borrowers are classified as low-to-medium credit according to financial industry standards.

PFCT noted that the refinancing service has also led to a reduction in financial costs for low-to-medium credit borrowers compared to the average interest rates of existing private mid-rate loans. Kreple users reported an average monthly interest savings of 234,000 won, resulting in a 29.8% decrease in their monthly interest burden. When annualized, this translates to a financial cost reduction of approximately 2.81 million won per borrower.

There are also cases of improved multi-debt structures. According to PFCT data, some borrowers managed to consolidate up to 13 existing debts with a single refinancing transaction. This indicates that refinancing loans play a significant role in encouraging 'credit improvement' for low-to-medium credit borrowers.

Lee Soo-hwan, CEO of PFCT, stated, "Kreple's refinancing loan service is not just a simple interest reduction product; it is an inclusive finance platform that helps low-to-medium credit borrowers re-enter a more stable financial structure. We aim to alleviate the interest rate cliff in the existing financial sector and enhance financial accessibility through AI credit evaluation technology."