SEOUL (AFP) ??” Creditors stepp up influence on the patriarch of southern Korea's second largest conglomerate LG arrange warning the group's ailing credit card unit could be insolvent this week.

SEOUL (AFP) ??” Creditors stepp up influence on the patriarch of southern Korea's second largest conglomerate LG arrange warning the group's ailing credit card unit could be insolvent this week.

The warning came as collection chairman Koo Bon-Moo remained relucant to make a personal fault guarantee in return for pass loans from creditors to LG Card, bank officials said.

The arrange promised to rescue the country's largest credit card company end a capital expansion plan, calling for a couple trillion won (1.67 billion billion dollars) bailout.

Koo put forwarded his 5.46 percent stake in the group's holding company LG Corp. as collateral.

Creditors, however, demanded the chairman state up his personal wealth as collateral and his family members were asked to bring up their stakes in LG units as further guarantees.

LG Card suspended cash loans to customers for more than three hours upon Friday, ...