1. Of the judgment of the court of first instance, the part against the defendant exceeding the following amount ordered to be paid shall be revoked.

Facts of recognition

The Plaintiff’s loan obligations owed to the Defendant on February 18, 2014 (hereinafter “loan 1 obligation”): The method of repayment of KRW 22,800,000: 22,80,000: From February 21, 2014 to August 21, 2015, interest shall be paid in 19 installments each time: 12% per annum; the Plaintiff, the obligor, and the joint and several sureties: C Defendant was paid part of the principal and interest of the loan obligation; and the remaining principal is KRW 120,000.

The repayment method of KRW 26,00,000 for joint and several sureties debt (hereinafter referred to as "loan debt 2") on April 9, 2014: No interest on repayment shall be paid in ten installments each of 2.6 million won from May 9, 2014 to February 2015: D, the Defendant (Plaintiff) was paid the principal and interest on the above loan debt, and the remaining principal amount is KRW 2.6 million.

Loan obligations of 10,00,00 won: Interest rate of 36% per annum; interest accrued as of January 13, 2015 (b) 2,136,986 won (10,000 won x 30% interest rate of 30% x 25% per annum under Article 2(1) of the Act on the Limitation on Interest of 30% (amended by Act No. 1227) (amended by Act No. 1227) x 30% per annum 16.36% per annum; 205% per annum from July 15, 2014; 30% per annum from the date of entry into force; 30% per annum 16.36% per annum from the date of entry into force; 30% per annum 146.36% per annum; 25% per annum 306.36% per annum; 205% per annum 306.