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Govt settles over 50,000 loan shark cases worth 1.8 billion baht

January 18, 2025

Government’s banks have been running special campaigns to help debtors saddled with illegally high interest rates

6,600 GHB debtors register for debt restructuring in first 2 days

December 16, 2024

The ‘You Fight, We Help’ scheme aims to help 1.9 million borrowers nationwide in a bid to lower household debts

Beware of pawning your iCloud access for loans, experts warn

SATURDAY, SEPTEMBER 07, 2024

Loan sharks could exploit personal data while also charging interest above legal limit

Loan sharks using iCloud access to trap borrowers with high rates

MONDAY, AUGUST 26, 2024

NESDC warns Thais against giving non-banking entities access to their iCloud services, as they will be risking their personal data apart from paying exorbitant interest

BOT, commercial banks discuss measures to help borrowers

FRIDAY, JULY 12, 2024

Bank of Thailand urges commercial banks to communicate terms and criteria of Reasonable Lending policy to their customers

Over 1.8 million accounts in persistent debt, owing THB75 billion: BOT

THURSDAY, MAY 23, 2024

The Bank of Thailand (BOT) has identified more than 1.8 million accounts of personal loan borrowers as “persistent debt” (PD), accounting for over 75 billion baht in total debts.

Govt lowers interest to help millions repay their student loans

SATURDAY, MARCH 30, 2024

The government has been rolling out measures to solve the debt problem of the Student Loan Fund (SLF), including reducing the interest rate and the fine for defaulting to help 3.5 million borrowers pay back their loans, government spokesperson Chai Wacharonke said on Saturday.

Challenges for Thai banking system lie ahead

FRIDAY, JUNE 02, 2023

The Thai banking sector has encountered numerous challenges in the aftermath of the COVID-19 crisis, particularly in dealing with debt issues to aid borrowers facing financial difficulties.

450,000 borrowers turn to govt debt-relief scheme for help

FRIDAY, JANUARY 20, 2023

More than 450,000 people have applied for a government debt relief scheme to help pull them out of the abyss of liabilities worth more than 100 billion baht.

Borrowers from state agencies to get some respite

THURSDAY, JULY 15, 2021

The Government Financial Institutions Association (GFA) on Thursday launched new measures to help people who are burdened with debt and whose earnings have been affected by the lockdown.

FPO urges small lenders to help ease borrowers’ burden

THURSDAY, JUNE 03, 2021

The Finance Ministry’s Fiscal Policy Office (FPO) called on pico-finance operators to give borrowers a break, especially since everyone is struggling due to the ongoing third wave of Covid-19.

GHB offers cash gift to borrowers with good repayment history

TUESDAY, NOVEMBER 24, 2020

The Government Housing Bank (GHB) is offering up to Bt1,000 cash back to customers with good repayment records as a new year gift, bank president Chatchai Sirilai said.

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