Deadline set for reporting loan shark debts
By Thai Newsroom Reporters PEOPLE WHO MAY OWE debt to loan sharks but have not yet reported it to the authorities were today (Feb.11) encouraged to do so until the end of this month. The Ministry of Interior’s undersecretary Sutthipong Chulcharoen recommended those who may still have their illicit debt unsettled and unreported promptly […]
Read MoreGSB provides soft loans to settle illicit debt
By Thai Newsroom Reporters THE GOVERNMENT SAVINGS BANK is offering soft loans which people can use for settlement of illicit debt but not for refinancing of their bank debt. The GSB is providing a maximum of 50,000 baht in soft loans with a maximum of five years in repayment term for customers who may […]
Read MoreNumber of people owing illicit debt now surpasses 100,000
By Thai Newsroom Reporters THE NUMBER OF PEOPLE indebted to loan sharks has now surpassed 100,000 over a three-week period, confirmed the Ministry of Interior’s undersecretary Sutthipong Chulcharoen today (Dec.21). A total of 105,482 people have so far claimed with the authorities to have a combined sum of 6.57 billion baht in illicit, informal […]
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