A. On September 11, 2013, the Plaintiff granted a loan of KRW 23,200,000 to the Defendant each by setting the lending period of KRW 36 months and interest of KRW 20.90 per annum.

B. At the time of lending, the Defendant agreed to perform the obligation by complying with the Plaintiff’s credit transaction agreement and the basic terms and conditions of credit transaction, and the Defendant agreed to pay damages for delay calculated by applying the rate of 29.00% per annum for all the remaining principal and all the obligations related to the credit transaction by losing the benefit of time when the cause for loss of profit under the credit transaction agreement or the terms and conditions of credit transaction arose.

C. The Defendant lost the benefit of March 5, 2014 by failing to repay the principal and interest despite the obligation to repay the loan under the above credit transaction agreement.

The details of the loan principal and interest accrued by the Defendant until March 5, 2014 are as follows.

1) The loan principal amounting to KRW 23,570,00 (2) plus KRW 23,570 (23,815 won) plus KRW 23,570 (23,766 won) up to the date of loss of interest (22,256,185 won 4) due to the due date (22,256,185 won excluding the paid principal) in the loan principal (23,200,000 won) plus KRW 90,119 won up to the due date of loss of interest (5, 2014).

2. According to the above facts of determination, the Defendant is obligated to pay to the Plaintiff damages for delay calculated at the rate of 29.00% per annum from March 6, 2014 to the date of full payment, with respect to KRW 23,570,070, and the principal of the loan plus KRW 22,256,185, which are the total amount of the principal and interest of the loan unpaid until March 5, 2014.

3. According to the conclusion, the plaintiff's claim is justified, and thus, it is so decided as per Disposition.