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Over 100,000 borrowers seek help to settle informal debts

Over 100,000 borrowers seek help to settle informal debts

17 Sept 21:24 Key points summarised by AI
  • Over 105,000 borrowers have registered for government assistance to address informal debts since December, with applications open until March 31st.
  • Authorities have successfully mediated debt settlements for 224 borrowers, reducing their collective debt from 133.5 million baht to 44 million baht.
  • A significant majority (92,235) of applicants utilized the online system, identifying 76,223 informal money lenders in the process.
  • Bangkok received the highest number of applications for assistance, while Nakhon Sawan recorded the most cases settled through mediation.
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