Election Commission, reduce the beginning, reduce the interest, and relax the debt Delay litigation, check it out!

Today’s news Facebook page of the Department of Public Relations specify the message Currently, there are more than 5 million borrowers from the KU, with a total limit of more than 600 billion baht, but there are still more than 60 percent of debt default problems due to the impact of the Covid-19 situation, so the government has issued measures. help debtor Different types of GCSEs are as follows:

  • those who have never defaulted on payment Reduce the interest rate to 0.01% per annum and increase the principal discount from 3% to 5%
    Effective 1 May – 31 Dec. 21
    who are temporarily unable to pay the debt Respite from the original minimum payment of 100 baht, reduced to only 10 baht per month.
    Effective from Aug. 64 – Jun. 65
  • The group that fails to pay debts reduce the penalty fee 100% on debt settlement closing the account and increase the penalty fee discount from 75% to 80% to reduce the penalty fee, effective May 1 – December 31, 21.
  • receivables with normal status Reduce the penalty rate to 0.5% per annum, effective from 1 May – 31 Dec.
  • litigation debtor To postpone the litigation and executing the case, effective July 5, 2020 – March 31, 64 (except for cases where the statute expires), including delaying the execution and auction of assets until December 31, 64.
  • new debtor cancel the provision of reimbursement guarantors

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