1. The defendant shall pay to the plaintiff the amount of KRW 50,223,264 and KRW 49,434,345 among them, from March 10, 2017 to the date of full payment.

1. Basic facts

A. On August 1, 2016, the Plaintiff entered into an installment financing transaction agreement with the Defendant (hereinafter “instant agreement”) with the following terms and conditions, and lent KRW 5,00,000 to the Defendant.

Purchasing Goods: Amount loaned by B: 5,00,000 won: Rate of 6.9% per annum: 17% per annum;

B. From January 2017, the Defendant did not pay a loan under the instant agreement. The remaining principal of the loan under the instant agreement is KRW 49,434,345, and damages for delay by March 9, 2017 are KRW 788,919.

[Ground of recognition] Facts without dispute, entry of Gap evidence 1 to 7, purport of the whole pleadings

2. According to the above facts of recognition, the Defendant is obligated to pay to the Plaintiff damages for delay calculated by the rate of 17% per annum, which is the overdue interest rate of 50,223,264 won in total and 49,434,345 won in total, remaining principal of the installment under the instant agreement, from March 10, 2017 to the date of full payment.

In regard to this, the defendant asserted that the lawsuit of this case has no interest in the lawsuit because the right to collateral security has been established on the Leper, which is a purchased object, to secure the remaining principal of the installment under the agreement of this case, but the lawsuit for acquiring an executive title to the claim is in itself recognized as profit and the defendant's assertion is not accepted without any grounds.

3. Conclusion, the plaintiff's claim of this case is justified.