Loan Sharks in Thailand: How Debt Traps Exploit the Vulnerable
CHIANG RAI – Thailand’s formal household debt ratio has fallen to 85.9% of GDP, its lowest level in six years, but that decline doesn’t mean families are financially secure. Tighter bank lending can leave low-income households with fewer legal options, while informal borrowing may not appear in official debt figures. Households earning 15,000 baht or […] The post Loan Sharks in Thailand: How Debt…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
