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6,600 GHB debtors register for debt restructuring in first 2 days
6,600 GHB debtors register for debt restructuring in first 2 days
MONDAY, DECEMBER 16, 2024
The ‘You Fight, We Help’ scheme aims to help 1.9 million borrowers nationwide in a bid to lower household debtsBeware of pawning your iCloud access for loans, experts warn
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 limitLoan sharks using iCloud access to trap borrowers with high rates
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 interestBOT, commercial banks discuss measures to help borrowers
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 customersOver 1.8 million accounts in persistent debt, owing THB75 billion: BOT
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
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
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
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
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
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.