(File) Deputy Government Spokesperson, Rachada Dhnadirek

Government to lose ฿6bn revenue per year if student loans are interest free

The government will lose about 6 billion baht in revenue per year if students with loans from the student loan program are exempted from paying interest and fines, in case…

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To write off or not to write off: Two sides of student loan repayment battle

The Student Loan Fund (SLF) is dismissing calls for it to write off 337 billion baht of loans taken by students to fund their education. Over the past few weeks,…

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Indebted students advised to apply for refinancing instead of defaulting on repayments

In response to widespread defaults on student loans, the Rights and Liberties Protection Department (RLPD) of the Thai Ministry of Justice and the Student Loan Fund will hold a session in December to…

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Thai Central Bank instructed to review interest rate caps on personal loans

Prime Minister Prayut Chan-o-cha has instructed the Bank of Thailand (BoT) to review the caps on interest rates charged for personal loans, which include credit cards, ready cash cards, vehicle…

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1 million students to have their pay deducted to service loans

The Student Loan Fund Office has set a target to deduct a certain portion of the salaries paid to about one million government officials and employees of private companies who…

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