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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