Chuseok Holiday Payment Dates Shift: What to Check for Stocks and Housing Pensions

If you have loan interest or credit card payment dates falling during the upcoming Chuseok holiday, the payment dates will automatically be postponed if they overlap with the holiday.

According to the Financial Services Commission, if the repayment date for loan principal or interest, or the credit card payment date, falls between the 24th and the 27th during the Chuseok holiday, it will be automatically deferred until the 28th without requiring a separate application.

Consequently, no overdue interest or late payment records will be generated.

Automatic withdrawals for insurance premiums and telecommunication fees will also be processed after the holiday.

However, if you sell domestic stocks on the 23rd, just before the holiday, you can receive your transaction proceeds on the 29th.

Housing pensions with payment dates falling during the holiday will be paid out in advance on the 23rd.
※ Please note: This article was translated by AI and may contain errors.