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Sandwich vendor complains of high interest charged by money lender

Sandwich vendor complains of high interest charged by money lender

13 Sept 09:14 Key points summarised by AI
  • A 52-year-old sandwich vendor, Tassanee, filed a police complaint regarding a Bt10,000 loan from 12 years ago, for which she claims to have repaid Bt2.6 million but still owes Bt280,000.
  • Tassanee reported paying Bt1,000 daily in interest for the past three years, with missed payments added to the principal, causing the debt to spiral.
  • She sought assistance from a help organization to file a formal complaint, highlighting her struggle to manage the endless debt with her daily income.
  • Authorities plan to mediate a settlement between Tassanee and her creditor, noting she had previously registered for help but did not follow up.
  • The unnamed creditor has reportedly agreed to write off the outstanding Bt280,000 debt.
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