CYBER Police urged those struggling financially and are looking for a loan to beware because what seems to be a lifesaver could actually be a scam, Naewna newspaper said yesterday (March 22). In a Facebook post Cyber Police said, “Easy loans, quick approval – beware! Scammers are offering easy loans through social media and
Tag: loan
Vendor seeks help after paying over a million baht interest on small loan
A FOOD vendor filed a complaint at the Centre for Suppression of Informal Debt that a loan shark has been charging her exorbitant interest on 20,000 baht she borrowed six years ago and after paying over a million baht the principal has not been reduced, Amarin TV said this evening (Aug. 1). Ms. Somsakul
Read moreApp developed for the disabled and caregivers to obtain 0% interest loans
THE government has developed an app, called DepFund, for the disabled and their caregivers to access interest-free loans for their occupations, Amarin TV said this morning (May 8). Mr. Anukul Prueksanusak, deputy government spokesman, said the loans are from the Fund for Promotion and Development of Quality of Life of Disabled Persons, Department of
Read moreCivil servant sets self on fire over loan shark debts
A STRESSED-OUT community developer in Mae Hong Son set herself on fire in front of Mae Sariang district office this afternoon (Apr. 19) after loan sharks evicted her from her house and land to clear debts, Naewna newspaper said. The civil servant, Ms. Kanya (surname withheld), 58, had asked a reporter to meet her
Read moreGovt MP denies being loan shark in disguise
By Thai Newsroom Reporters KLATHAM MP Pi Lick today (Jan.22) categorically dismissed allegations that he had been clandestinely involved in loan shark business with the help of one of his former girlfriends. Known as a protégé of former Palang Pracharath secretary-general/former agriculture & cooperatives minister Thammanat Prompao, the MP of Kampaengpet denied he had
Read moreOppo, Realme apologise after warning over loan app
AFTER the Thai Consumers Council issued a warning about the dangers of illegal applications that are not part of Google Play Store especially one name Fineasy that offers loans and comes pre-installed on Oppo and Realme devices and cannot be deleted the two companies issued an apology and said they were quickly fixing the
Read moreChinese loan shark gang busted in Pattaya
PATTAYA police raided three luxury houses and rounded up approximately 20 Chinese loan sharks lending money to people in their homeland and also operating online gambling websites, TV Channel 7 said late afternoon today (Oct. 3). Pol. Lt. Gen. Chatchai Surachetphong, deputy commander of Provincial Police Region 2, and Pol. Col. Nawin Thirawit, superintendent
Read morePolice guarding banks to stop loan sharks from grabbing 10,000 baht handout
WITH all police stations nationwide being alerted to guard banks where “fragile” groups of people are withdrawing 10,000 baht handout from last Wednesday (Sep 25) after finding out that loan sharks were waiting there to grab the money, a Maha Sarakham police team has tightened security at the Bank for Agriculture and Agricultural Cooperatives
Read moreUS govt offers loan for Thai Air Force purchase of F-16 Block 70 jets
By Thai Newsroom Reporters THE UNITED STATES GOVERNMENT has offered to loan Thailand for a purchase of a squadron of Lockheed Martin F-16 Block 70 fighter jets, confirmed Defence Minister Suthin Khlangsang today (July 4). During a recent meeting with Thai Prime Minister Srettha Thavisin, US Ambassador to Thailand Robert F. Godec has offered
Read moreIndians rounded up after punch-up in the middle of Pattaya
TWO Indian tourists were seen in a video clip beating up a fellow countryman in the middle of a Pattaya road with a Thai woman, believed to be the latter’s girlfriend, stepping in to try to stop the assault early in the morning and all were rounded up and taken to the police station,
Read moreLoan sharks urged to show up until month’s end
By Thai Newsroom Reporters ANY LOAN SHARKS who may not have yet shown up to the authorities under the government’s campaign against illegal money-lending were strongly advised to do so until the end of this month, according to Deputy Interior Minister Chada Thaiset. In a press conference today (May 16), Chada insisted that those
Read moreWoman stressed out about debts jumps to her death
A WOMAN who was stressed out about debts and pressured by her creditors to pay up everyday jumped to her death at a high-rise building downtown Bangkok with her body only found 12 hours later today (Mar. 31), TV Channel 7 said. Pol. Lt. Col. Siriphong Lapanich, an inspector at Thong Lor police station,
Read moreDeadline 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 more‘Debt Settlement Market’ now extended to district level nationwide
By Thai Newsroom Reporters The GOVERNMENT’S “DEBT Settlement Market” campaign for people indebted to unlawful money lenders is being extended from provincial to district level nationwide. Interior Ministry Undersecretary Sutthipong Chulcharoen confirmed today (Jan.16) that the “Debt Settlement Market” which formally kicked off in all provinces on Sunday is now branching out to all
Read morePeople with illicit debt urged to get help with deadline now extended
By Thai Newsroom Reporters PEOPLE WHO MAY OWE illicit debt but hesitantly have not made official claims were today (Jan.7) reminded of the deadline which has been rescheduled for the end of next month. The Ministry of Interior’s undersecretary Sutthipong Chulcharoen said those who may be indebted to loan sharks but kept quiet or
Read moreMajority keeping mum about their loan shark debts
By Thai Newsroom Reporters THE TOTAL OF PEOPLE OWING illicit debts to loan sharks and yet keeping it a secret from the authorities is believed to outnumber those who have officially notified of it so far, according to Interior Ministry undersecretary Sutthipong Chulcharoen. The undersecretary said today (Dec.29) there are many more people who
Read more110,000-plus debtors point finger at over 81,000 loan sharks
By Thai Newsroom Reporters A TOTAL OF 110,000-PLUS people have so far claimed to owe a combined seven billion baht in illicit debt to 81,000-plus loan sharks in all provinces of the country, a senior government official said today (Dec.26). Sutthipong Chulcharoen, undersecretary of the Ministry of Interior, confirmed that 110,531 people have informed
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
Read moreNearly 100,000 people indebted to loan sharks
By Thai Newsroom Reporters NEARLY 100,000 PEOPLE have been officially listed so far to owe debt to loan sharks nationwide, according to the Ministry of Interior’s undersecretary Sutthipong Chulcharoen. Since the beginning of this month, a total of 98,667 people have so far informed the authorities either in person or online as being currently
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