Many people have already defaulted on their loans, creating concerns that the uncollectable amount could increase.

 ¥1.4 trillion loaned to households in financial distress due to COVID-19 through the government’s special loan program, ¥468.5 billion has been exempted from repayment and is now uncollectable.

From  ¥1.4 trillion loaned  that being loaned ¥468.5 billion being exempted, that was near 30% of total loan that were given out, for free. Those borrower really need to thanks to Japanese tax payer money.

And a company like mine, 3 years profitable in a row. Wanting to expand was refused a loan by my bank.

We had no debt, needed more people, paid all taxes but yet. No. Kf course i am a foreigner