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Loan shark victim in Krabi seeks help from Law Council

Loan shark victim in Krabi seeks help from Law Council

12 Sept 22:47 Key points summarised by AI
  • A single mother of three in Krabi, 'Ratanakorn', is under severe threat from a loan shark charging an exorbitant 800 baht interest per hour, with her debt now at 40,000 baht.
  • She initially borrowed 15,000 baht, has already paid around 300,000 baht in interest, yet the principal remains unchanged, with the creditor suggesting more loans.
  • The creditor escalated intimidation by threatening Ratanakorn and her children at their school, prompting her to seek help from the Lawyers Council of Thailand.
  • A formal complaint has been filed with the police, but the creditor remains unperturbed, asserting connections to powerful local figures.
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