The “You Fight, We Help” campaign comprises two measures. The first, “Direct Payment, Reserve Assets”, targets borrowers of housing and SME loans under 5 million baht and auto loans of less than 800,000 baht. To be eligible, the borrowers should have signed their loan contracts before January 1, 2024, and have an overdue balance for over 30 days but no more than 365 days.
Under this measure, debts will be restructured and monthly payments will be reduced to 70% in the first year, 80% in the second year and 90% in the third year. All interest will be suspended for three years.
The second measure, “Pay, Deal, Complete”, targets borrowers with debts under 5,000 baht that have become non-performing loans or have defaulted…
