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Banks Punishing to Artists — Only 15% Have Borrowed from First-Tier Lenders

Banks Punishing to Artists — Only 15% Have Borrowed from First-Tier Lenders

Hankyoreh · 2025-11-05

Banks Punishing to Artists — Only 15% Have Borrowed from First-Tier Lenders

Hankyoreh reporters Cho Hae-yeong and Park Chan-hee | A survey of 179 artists found that only 15% have ever taken a first-tier bank loan, and details how debt collection drives artists to abandon creation — pointing toward the mutual-aid loan model and policy reform.

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